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

The PCI Data Security Standard (PCI-DSS) is a set of rules and standards developed by credit card companies that businesses must follow to protect credit card information. These standards, created in 2004, are designed to protect the security of credit card information when it is stored, transmitted, or processed. In Mississippi, any business that processes, stores, or transmits credit card information is required to follow the PCI-DSS standards. The standards cover a variety of areas such as physical security of the data, security of access to the data, encryption of the data, and regular updates to the security measures. Businesses must have strong policies and procedures in place to protect the data from unauthorized access. They must also ensure that they have implemented and tested security measures to protect the data. In addition, businesses must keep up with security changes and conduct regular data security audits to make sure they are complying with the standard. If a business is found to be in violation of the PCI-DSS, they may be subject to fines or other penalties. It is important for businesses to understand and follow the PCI-DSS standards to ensure credit card information is protected from unauthorized access.

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