The PCI Security Standards Council (SSC) is a global organization that aims to protect payment transactions and consumer data by developing standards and services for payment software vendors that drive education, awareness, and implementation. Since payment software is constantly changing, the SSC is constantly evolving and adapting its standards to ensure that vulnerabilities and cyberattacks are minimized.
Technology is constantly changing and advancing. Payment platforms are no exception. As these new platforms emerge, the software supporting the platform must be reliable and secure. Without secure payment platforms, payment transactions and data could be compromised. The PCI Software Security Framework (SSF) sets standards and requirements for both traditional and modern payment software.
As a consumer, I feel more confident about using my credit card online and in brick-and-mortar stores when I know retailers are being careful about PCI DSS compliance. Breached financial credentials can wreak havoc not only on the lives of consumers, but also on the well-being of merchant businesses. I think the PCI DSS is an excellent example of how security standards can be improved when organizations cooperate and collaborate.
Organizations cannot afford to neglect their PCI compliance obligations. According to its website, PCI could punish offending organizations with a monetary penalty ranging in value from $5,000 to $100,000 per month. These fines could spell the end for a small business. Acknowledging those consequences, organizations need to make sure they’re PCI compliant. More than that, they must ensure they’re prepared for when auditors come knocking on their door.
Let’s begin with a short story. Imagine that we have two large organizations in the public sector. These entities are very similar. Both are on the receiving end of cyber threats. Both adhere to multiple compliance standards. And both need to ensure that their IT systems are functioning and working as planned. But they’re not entirely the same. Take Organization A, for example.
In this blog, we will cover the various requirements you need to meet to achieve PCI compliance, as well as how Sysdig Secure can help you continuously validate PCI compliance for containers and Kubernetes. Learn how to meet PCI Compliance Requirements for Container and Kubernetes Environments!
PCI DSS requirements must be followed by all e commerce web sites. In this article, we will take a closer look at this set of compliances and provide an extensive checklist.
How Chooseus Life Insurance lost its customers’ cardholder details and their trust In August 2019, reporters began flocking to Chooseus Life Insurance’s head office in Detroit after news leaked that thousands of the company’s customers had lost money due to a security breach. The CEO of this life insurance company released the following statement: “We have had your trust for two years.
