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 protect cardholder data from unauthorized access and use. It was developed by the Payment Card Industry Security Standards Council (PCI SSC), an independent organization that develops and maintains security standards for the payment card industry. The PCI DSS applies to all organizations, regardless of size, that accept and process payment cards including credit cards, debit cards, and prepaid cards. This includes any organization that stores, transmits, or processes cardholder data in any form. The PCI DSS is made up of 12 major requirements, which are divided into 6 major objectives. These objectives are designed to protect cardholder data by ensuring: 1. Secure networks and systems: Systems are kept secure and up-to-date with secure firewalls, encryption technology, and anti-virus software. 2. Strong access control: Access to cardholder data is restricted to authorized personnel only. 3. Regular monitoring and testing: Regular logs and reports are monitored to detect any unauthorized activity or anomalies. 4. Protect cardholder data: Cardholder data is protected at all times. 5. Maintain an information security policy: An information security policy should be created and maintained. 6. Develop and maintain secure systems: Secure systems should be developed and maintained to protect cardholder data. Organizations in Oregon that accept payment cards must comply with the PCI DSS in order to ensure that customer cardholder data is secure and protected from unauthorized access and use. Failure to comply with the PCI DSS may result in hefty fines, and in some cases, may even lead to suspension of payment card processing privileges.

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What is the Payment Card Industry Data Security Standard?

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