What is the Payment Card Industry Data Security Standard?

The Payment Card Industry Data Security Standard (PCI DSS) is a set of security requirements created to protect cardholder data and secure payment transactions in the state of Kansas. This standard applies to all businesses that store, process, or transmit cardholder data. PCI DSS also applies to any service providers that handle cardholder data on behalf of merchants. The PCI DSS was created by the major card brands (Visa, MasterCard, American Express, Discover, and JCB) and is regularly updated with new security features. The PCI DSS consists of twelve core requirements that must be met in order to protect cardholder data and secure payment transactions, and these twelve requirements are broken down into six categories that cover areas such as security management, access control, communication security, physical security, and employee vulnerability. In order to become PCI DSS compliant, businesses must follow the requirements of the standard and demonstrate this compliance to their customers, merchants, and the payment card industry. In Kansas, banks and other financial institutions must also adhere to state banking laws, which typically require adhering to the PCI DSS as well. By following these security requirements, businesses can protect cardholder data and ensure the secure processing of payment transactions in Kansas.

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What is the Payment Card Industry Data Security Standard?

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