What is the PCI Data Security Standard (PCI-DSS)?

The Payment Card Industry Data Security Standard (PCI-DSS) is an information security standard created by the Payment Card Industry Security Standards Council. It is designed to provide an understanding of how data is collected, stored, and transmitted securely by organizations that accept, process, store, or transmit card holder data. PCI-DSS is applicable to all organizations that store, process, or transmit cardholder data, regardless of size or location. It is also applicable to all payment channels, like point-of-sale systems, Point of Sale systems, mobile payments, e-commerce, and call centers. PCI-DSS is a set of specific requirements that organizations must meet in order to keep cardholder information secure. The standard is divided into 12 parts, known as “control objectives.” These include requirements like implementing firewalls and encryption, restricting access to card data, regularly testing security systems, and regularly developing security policies. Organizations must also maintain computer networks and systems to prevent, detect, and respond to any security breaches. In the state of Idaho, organizations that accept, store, process, or transmit cardholder data must comply with PCI-DSS if they wish to remain in good standing with the Payment Card Industry Security Standards Council. Organizations that fail to comply with the requirements may be subject to fines, suspension of services, or even criminal prosecution.

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What is the PCI Data Security Standard (PCI-DSS)?

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