What is the Payment Card Industry Data Security Standard?

The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards established by the international payments industry to protect the privacy of consumers and the security of customer data. It applies to any organizations that process, store, or transmit credit cardholder data. In Georgia, all organizations that store or transmit credit cardholder data must comply with the PCI DSS. PCI DSS sets out detailed requirements for the protection of customer data in many areas, including system architecture, physical security, access control, encryption, firewalls, virus protection, and monitoring of networks. It also details procedures for tracking and managing access to data, as well as creating secure backups and disaster recovery plans. The PCI DSS requirements are designed to protect the integrity of customer data and reduce the risk of financial losses, identity theft, and other types of fraud. Compliance with the PCI DSS encourages trust in the payment card industry and provides consumers with peace of mind when making payments with their credit cards.

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