PCI Compliance Management
What Are PCI Compliance Requirements?
PCI compliance requirements are designed to protect businesses from data theft, fraud and other malicious activities by ensuring the security of payment card information. The Payment Card Industry (PCI) Data Security Standard (DSS) is a set of standards developed by Visa, MasterCard, American Express, and other payment card companies to ensure the integrity and security of payment card information. These standards cover areas such as access controls, encryption, firewalls, incident response procedures, passwords and physical security measures. Businesses must comply with these regulations in order to accept payments through credit/debit cards.
Organizations must always use strong passwords on their systems and encrypt any stored data that contains credit/debit card information. Any third-party vendors or service providers must also be monitored for compliance with the PCI DSS. Organizations should have processes in place to detect potential attacks or unauthorized access attempts in order to mitigate any possible damage or disruption caused by an attack. Furthermore, organizations must be able to provide auditing logs for review by external agencies when requested. In addition to these requirements, organizations may need to meet a variety of additional compliance requirements depending on their specific industry or type of organization involved.