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Press Release

For Immediate Release
August 20, 2008 
Contact: news@nacsonline.com
(703) 684-3600

NACS Joins PCI Security Standards Council as Newest Participating Organization 
ALEXANDRIA, Va. — NACS announced today its participation in the PCI Security Standards Council. The association is joining more than 20 NACS members and other organizations committed to evolving the PCI Data Security Standard (DSS) and other payment card data protection standards.  
 
As a participating organization, NACS will have access to the latest payment card security standards from the council, and provide feedback on the standards and become part of a growing community that now includes more than 450 organizations. In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against data criminals.  
 
“The impact PCI standards have on our industry is great,” said Michael Davis, NACS vice president of member services. “We need to ensure mandates such as PIN Entry Device Security Requirements evolve to include the financial implications to the retailers and ultimately the consumers whose data we're trying to protect. It is critical that we work as an industry to bring more NACS members to the PCI Security Standards Council and become fully engaged in developing standards that affect convenience and petroleum retailers on a national and global scale.”
 
The PCI DSS, endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity.  More information on the Council and the standard can be found at www.pcisecuritystandards.org.
 
“The PCI Security Standards Council is committed to helping everyone involved in the payment chain protect consumer payment data,” said Bob Russo, general manager of the council. “By participating in the standards setting process, NACS demonstrates it is playing an active part in this important end goal.”

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NACS, the association for convenience and petroleum retailing, is an international trade association representing more than 2,200 retail and 1,800 supplier member companies. The U.S. convenience store industry, with over 146,000 stores across the country, posted $577.4 billion in total sales in 2007, with $408.9 billion in motor fuels sales.