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. The standard was developed by the Payment Card Industry Security Standards Council, which is made up of major credit card companies such as Visa, Mastercard, and American Express.
The PCI DSS is designed to protect against credit card fraud and other types of financial fraud by requiring companies to follow a set of security guidelines when handling credit card information. These guidelines cover a wide range of security topics, including firewalls, encryption, access controls, and network security.
Companies that accept credit card payments are required to comply with the PCI DSS. Failure to comply with the standard can result in fines, legal action, and loss of the ability to accept credit card payments.
Types of PCI DSS
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. The standard was developed by the Payment Card Industry Security Standards Council, which is made up of major credit card companies such as Visa, Mastercard, and American Express.
The PCI DSS is designed to protect against credit card fraud and other types of financial fraud by requiring companies to follow a set of security guidelines when handling credit card information. These guidelines cover a wide range of security topics, including firewalls, encryption, access controls, and network security.
Companies that accept credit card payments are required to comply with the PCI DSS. Failure to comply with the standard can result in fines, legal action, and loss of the ability to accept credit card payments.