Contents
Who does PCI protect?
Requirement 3 of the Payment Card Industry’s Data Security Standard (PCI DSS) is to “protect stored cardholder data.” The public assumes merchants and financial institutions will protect data on payment cards to thwart theft and prevent unauthorized use.
How do you explain PCI?
A: The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that ALL companies that accept, process, store or transmit credit card information maintain a secure environment.
What are the most frequently asked questions about PCI?
Click on the links below to find answers to frequently asked questions. Q1: What is PCI? Q2: To whom does the PCI DSS apply? Q3: Where can I find the PCI Data Security S Q4: What are the PCI compliance ‘levels’ and Q5: What does a small-to-medium sized busine
What does PCI stand for in credit card category?
PCI DSS stands for “Payment Card Industry Data Security Standard”. It was created by the PCI Security Standards Council. The PCI SSC consists of the major credit card brands known as Visa, Mastercard, American Express, and Discover.
Who is responsible for compliance with the PCI DSS?
The PCI DSS is administered and managed by the PCI SSC (www.pcisecuritystandards.org), an independent body that was created by the major payment card brands (Visa, MasterCard, American Express, Discover and JCB.). It is important to note that the payment brands and acquirers are responsible for enforcing compliance, not the PCI council.
Can a third party company validate PCI compliance?
A: Yes. Merely using a third-party company does not exclude a company from PCI DSS compliance. It may cut down on their risk exposure and consequently reduce the effort to validate compliance. However, it does not mean they can ignore the PCI DSS. Q9: My business has multiple locations, is each location required to validate PCI compliance?