Understanding PCI DSS Compliance Standards is important to keep your credit card transactions secure.
The Payment Card Industry Data Security Standard (PCI DSS) is an infosec standard, applying to organizations that process credit card transactions. PCI DSS compliance is a critical part of credit card companies’ security protocol. Card companies mandate it as part of their network agreements. Complying with the PCI DSS standard helps to keep cardholder data safe and reduce fraud. Organizations validate their PCI DSS compliance in quarterly or annual audits. Audit methods differ depending on the total volume of transactions handled. In the event of a security breach, any compromised entity that was not compliant when the breach happened is subject to extra penalties.
Twelve requirements for ensuring a secure network are:
According to the PCI Security Standards Council:
Many steps are involved in validating PCI DSS compliance. An assessment includes a Qualified Security Assessor (QSA), Internal Security Assessor (ISA), Report on Compliance (ROC), Self-Assessment Questionnaire (SAC).
AlgoSec automatically generates pre-populated, audit-ready compliance reports for PCI DSS.
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