What is the Payment Card Industry Data Security Standard?

The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure the secure handling of payment card information by businesses that process, store or transmit credit card information. The standard was created by the Payment Card Industry Security Standards Council (PCI SSC) and is applicable to all organizations that process, store, or transmit payment card information. PCI DSS requires organizations to protect cardholder data and remain compliant with PCI regulations. PCI DSS is designed to help organizations with the protection of sensitive cardholder information. It requires organizations to establish secure networks, maintain systems and processes, protect cardholder data, and regularly monitor and test networks. It also includes requirements for physical security, such as the implementation of appropriate access control measures and regular monitoring of physical access to information technology. The law in Tennessee requires organizations to comply with the PCI DSS. This is to prevent data security breaches that can be used to access payment card data. Noncompliance could lead to fines, penalties, and other sanctions. Furthermore, any organization that does not comply with the PCI DSS is not able to accept payment cards. Therefore, for organizations that process, store, or transmit credit card information in Tennessee, the Payment Card Industry Data Security Standard is a crucial requirement to ensure the secure handling of payment card information. This helps protect the interests of businesses, customers, and cardholders by ensuring their data is secure.

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What is the Payment Card Industry Data Security Standard?

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