The Payment Card Industry Data Security Standard (PCI DSS) entered the scene back in 2004 with the rise of payment fraud. Created by leaders in the credit card industry, PCI DSS was developed to provide a baseline of technical and operational requirements designed to protect cardholder payment data and was commonly understood by those in the legacy security world.
We know how complicated and resource-consuming it can be to comply with the standards set up by the PCI (Payment Card Industry) Security Standards Council. It’s not surprising that less than 1 in 5 businesses (around 18%) assess their PCI DSS controls more frequently than is required by the regulation. However, things become a lot easier and streamlined with PCI DSS gap assessment.
The rules set forth by PCI-DSS can seem complicated. Four levels, 12 requirements, multiple credit card brands: it’s easy to get lost in the details of PCI-DSS requirements. However, merchants who fail to meet the PCI compliance standard face heavy consequences. Not only do these companies put their customer data at risk, they also may face hefty fines that can range from $5,000 to $100,000 per month.
Data security and privacy are today a prime focus for most organizations globally. While there have been several regulations and standards introduced to improve data security, the evolving landscape makes it challenging for organizations to stay compliant. For many organizations, GDPR and PCI DSS are the first topics that come to mind when privacy is concerned.
As organizations move their infrastructure to the cloud, payment data are being exposed unknowingly leading to high profile data breaches. Find out how the new guidance from PCI Security Standards Council (PCI SSC) and Cloud Security Alliance (CSA) can help protect your cardholder data in the cloud.
Not only has cloud native transformed the velocity in which organizations execute and maintain business operations, but it has also redefined storage, network and compute. From the infrastructure that IT operations maintains, to the applications that supply customers with the ability to interact with their data—DevOps teams have to deliver more services than ever, and they have to do it fast, with little to no error. Easy, right?
