PCI DSS
Overview
PCI DSS stands for Payment Card Industry Data Security Standard. It 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. PCI DSS compliance is mandatory for any organization that accepts credit card payments, and failure to comply can result in heavy fines and loss of credibility. The standard outlines 12 requirements for security management, policies, procedures, network architecture, software design, and other critical areas to help ensure the protection of sensitive cardholder information.
Methodology
The methodology of PCI DSS compliance involves the following steps:
Self-assessment:
Organizations are required to complete a self-assessment questionnaire to determine their level of compliance with the PCI DSS requirements.
External assessment:
Organizations may need to undergo an external security assessment by a Qualified Security Assessor (QSA) if they handle large amounts of cardholder data or if they have experienced a data breach.
Remediation:
Based on the results of the self-assessment or external assessment, organizations must take appropriate actions to remediate any security vulnerabilities or non-compliances identified.
Requirement For PCI DSS Compliance in detail
