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A CPSA Company has submitted multiple reports that are incomplete and do not contain the information described in the reporting instructions. Which of the following are possible outcomes?
Suggested Answer: A
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34 comments · newest first
BA
Barabara
11 months ago
Totally agree, fines are a common outcome here!
MI
Michell
11 months ago
Wait, can they really be revoked? That sounds extreme.
RI
Richelle
11 months ago
Remediation seems likely too, right?
OL
Oliva
12 months ago
I think PCI SSC can also impose fines.
SE
Serina
12 months ago
They can definitely be fined by the payment brands.
LA
Latanya
1 year ago
I recall a practice question where remediation was mentioned, so I’m leaning towards A, but I could be mixing it up with something else.
BR
Brynn
1 year ago
I feel like fines are definitely a possibility, so option C might be right, but I’m not sure about D.
SA
Santos
1 year ago
I’m not entirely sure, but I remember something about PCI SSC having authority too, so maybe option B could be correct?
CA
Catrice
1 year ago
I think option A sounds familiar, like we discussed how payment brands can take action if reports are incomplete.
KA
Katie
1 year ago
Okay, I've got this. The key is remembering that the payment brands (like Visa, Mastercard, etc.) are the ones who can put a CPSA company into remediation or revoke their status. The PCI SSC is the organization that oversees the PCI DSS standard, but they don't directly impose those kinds of penalties.
FA
Fallon
1 year ago
Thanks, MikeT. That helps clarify things. I think I've got a good handle on the possible outcomes now and I'm ready to select the best answer.
JA
Janine
1 year ago
This seems like a straightforward question about the consequences of submitting incomplete PCI DSS reports. I'll carefully review the options and choose the one that best matches the information provided.
PA
Paulene
2 years ago
I'm going to go with B and D. The PCI SSC and the payment brands both have the power to hand out the punishments, and I have a feeling this company is about to get schooled in the world of compliance.
NA
Nathan
2 years ago
User 4: They might end up in remediation or facing fines.
LA
Lavonna
2 years ago
User 3: The company better get their act together.
PR
Princess
2 years ago
User 2: Yeah, the PCI SSC and payment brands can both hand out punishments.
LE
Lettie
2 years ago
User 1: I think B and D are possible outcomes.
LA
Laquanda
2 years ago
But what if they are put into remediation or revoked by PCI SSC instead?
RO
Rosalyn
2 years ago
I agree with Alysa. It's important to follow the reporting instructions to avoid fines.
AL
Alysa
2 years ago
I think if the reports are incomplete, they may be fined by the payment brands.
HU
Hui
2 years ago
As someone who has had to fill out these reports, I feel for the poor soul at that CPSA company. They're probably wishing they had just used Mad Libs instead of the actual reporting instructions!
LI
Lili
2 years ago
Hmm, I think all of the options are possible. This company is in big trouble! They better get their act together before the payment brands come knocking at their door.
AL
Aliza
2 years ago
Buddy: They better fix this before it's too late.
TO
Toshia
2 years ago
User 3: They might also face fines from both the payment brands and PCI SSC.
BU
Buddy
2 years ago
User 2: Yeah, they could end up in remediation or even get revoked by the payment brands.
CH
Chau
2 years ago
User 1: The company really messed up with those incomplete reports.
JA
Janine
2 years ago
I'd go with B and C. The PCI SSC has the authority to put companies into remediation or revocation, and the payment brands can also fine them for non-compliance.
VA
Valentine
2 years ago
Non-compliance with reporting requirements can have serious consequences for companies.
PE
Pearline
2 years ago
It's important for companies to follow reporting instructions to avoid being fined or put into remediation.
BI
Billye
2 years ago
I agree, B and C are the most likely outcomes for incomplete reports.
MA
Mammie
2 years ago
A, C, and D seem like reasonable outcomes for incomplete and missing information in the reports. PCI and the payment brands can definitely take action against the company for not following the reporting instructions.
VI
Vincent
2 years ago
D) They may be fined by PCI SSC
CU
Curt
2 years ago
C) They may be fined by the applicable payment brands
EN
Enola
2 years ago
A) They may be put into remediation or revoked by the applicable payment brands