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PCI DSS Compliance

PCI DSS compliance

PCI DSS Compliance

Introduction to PCI DSS-Payment Card Industry Data Security Standard Compliance

PIC DSS Compliance is for Maintaining payment security is required for all entities that store, process or transmit cardholder data. Guidance for maintaining payment security is provided in PCI security standards. These set the technical and operational requirements for organizations accepting or processing payment transactions, and for software developers and manufacturers of applications and devices used in those transactions.

What is PCI DSS Compliance:

The Payment Card Industry Data Security Standard (PCI DSS) is a widely accepted set of policies and procedures intended to optimize the security of credit, debit and cash card transactions and protect cardholders against misuse of their personal information. The PCI DSS was created jointly in 2004 by four major credit-card companies: Visa, MasterCard, Discover and American Express.

Why PCI DSS Compliance

  • To reduce the risk of debit and credit card data loss.
  • It suggests how this could be prevented, detected, and how to react if potential data breaches occur.
  • It provides protection for both merchants and cardholders.

What benefits PCI DSS Compliance bring to business:

  • Reduces the Risk of a Data Breach
  • Helps to Avoid Fines
  • Protects Customers
  • Improves Brand Reputation
  • Imparts a Mindset of Security
  • Serves as a Globally Accepted Standard
  • Provides a Starting Point for Other Regulations
  • Peace of Mind

PCI DSS Compliance Applicable to

Those who are associated with payment cards including merchants of all sizes, financial institutions, point-of-sale vendors, hardware and software developers.

PCI DSS Compliance Approach:

Whether you are looking to implement ISO/IEC 27701 as an extension to your current ISO/IEC 27001 compliant information security management system or just getting started, we can support you with:

  • Initial GAP assessment against ISO 27701 & 27001 requirements to identify the Gaps
  • Conduct an awareness training on the standard requirements
  • Identify and select an implementation team and define your strategy¬†
  • Prepare an implementation road map;
  • Define roles and responsibilities of each team;
  • Develop management system documentation like policies, procedures, manuals, Standard operating procedures s, checklists, templates and controls required;
  • Review the information with the relevant heads;
  • Implement your management system;
  • Conduct an internal auditor training;
  • Conduct an implementation review through an internal audit like pre-assessment;
  • Select a certification body/registrar;
  • Under go stage 1 & stage 2 certification audits;
  • Support in post certification surveillance audits.

PCI DSS

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