PCI Data Security Standards Compliance: It’s All or Nothing
General Business
June 21, 2010
by Robert Cedergren, CPA, CITP, CISA, CISSP, CISM, CGEIT
Cyber thieves work long and hard to steal credit card and other personal information. Since 2005, nearly 356 million records containing sensitive, personal information, including credit card numbers, have been compromised due to security breaches (www.privacyrights.org).
In 2006 as a result of growing threats, a consortium consisting of the major credit card companies combined their efforts to create a single standard of security requirements in order to better protect cardholder data.
Known as the Payment Card Industry Data Security Standard (PCI DSS), it today specifies 12 requirements that merchants accepting credit and debit cards must meet and maintain. And nothing less than 100% compliance with all the standards is acceptable . . . period!
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Length: 1 pages (PDF 56 kB)