PCI DSS

Most companies that process payments via credit cards must comply with the Payment Card Industry (PCI) Data Security Standard (DSS). Achieving compliance can incur high costs—as can failing to comply.

A business’s cybersecurity infrastructure must meet its regulatory compliance requirements. One compliance framework that applies to businesses in nearly every industry is the Payment Card Industry (PCI) Data Security Standard (DSS), developed and enforced by the PCI Security Standards Council (SSC).

Chances are, your business relies on credit card transactions for payment. Therefore, it must be able to pass a Payment Card Industry (PCI) compliance scan.

Companies that accept credit card payments and store or process cardholder data (CHD) need to comply with the Payment Card Industry (PCI) Data Security Standard (DSS).

Companies that process credit card payments must comply with the Payment Card Industry (PCI) Data Security Standard (DSS). Compliance efforts require all PCI-eligible companies to implement all Requirements within the DSS framework, then document the security controls protecting cardholder data (CHD) via official PCI assessment.

If your company processes credit or debit card payments, you likely need to comply with the Payment Card Industry (PCI) Data Security Standards (DSS). The Security Standards Council (SSC), headed by the five Founding Members (Visa, Mastercard, Discover, American Express, and JCB International), enforces compliance by requiring eligible companies to submit annual documentation verifying their implementation of PCI controls.

The Payment Card Industry (PCI) Security Standards Council (SSC) oversees regulations that apply to various companies that store, process, or transmit credit card data. The SSC’s Founding Members (Visa, Mastercard, American Express, Discover, and JCB International) ensure that companies across industries comply with the Data Security Standard (DSS).

Cybercriminals are always on the prowl for customers’ financial data in any organization. Pandemic-driven increase in cybercrimes means that organizations that process credit card payments must focus more on compliance with the Payment Card Industry Data Security Standard (PCI DSS). However, many organizations consider the PCI DSS certification expensive and are seeking ways to minimize cost. 

PCI Compliance for credit card processing is the responsibility of all organizations in the payments industry. The primary objective of these regulations is to ensure the security of credit card transactions from cybercriminals.

PCI vulnerability scan requirements are not difficult to understand with expert guidance. The primary focus of this government regulation is information security. It locates vulnerabilities and gaps within a company’s digital architecture.