What is the Payment Card Industry Data Security Standard?

The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards that are designed to protect customer information and payment card data. The PCI DSS applies to any company that stores, processes, or transmits credit card information. In Oregon, all organizations that accept payment cards must comply with PCI DSS. The PCI DSS has 12 requirements that must be met including building and maintaining a secure network infrastructure, assigning a unique ID to each person with computer access, and using anti-virus and anti-malware protection. The PCI DSS also requires companies to adhere to security best practices such as encrypting sensitive cardholder data and regularly testing security systems and processes. Organizations must also be audited every year to ensure that they have implemented the PCI DSS security controls and that all data is being protected. Any organization that fails to comply with the PCI DSS may face fines, penalties, and the loss of the ability to accept credit or debit cards. Overall, the PCI DSS is an important set of standards designed to protect customer data and payment card data. By adhering to the requirements of the PCI DSS, organizations in Oregon can help protect customers from potential fraud and identity theft.

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