The Payment Card Industry Security Standards Council (PCI SSC) published an important update to one of its eight security standards, simplifying the development and use of Point-to-Point Encryption (P2PE) solutions that make payment card data unreadable and less valuable to criminals if stolen in a breach.
The PCI Security Standards Council (PCI SSC) published PCI Data Security Standard (PCI DSS) Version 3.1 and supporting guidance.
Nearly 80 percent of all businesses fail their interim PCI compliance assessment, leaving them vulnerable to cyberattacks, according to Verizon's 2015 PCI Compliance Report.
Every year, merchants who transmit, process, or store payment card data must conduct a suite of security tests to comply with the Payment Card Industry Data Security Standards (or PCI DSS), now in Version 3.0.
Maintaining credit and debit card information on behalf of financial services clients demands the highest levels of security and customer confidence, and adhering to standards like PCI DSS plays a crucial role in this.
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