What is the current PCI DSS version?
What is the current PCI DSS version?
PCI-DSS 4.0
PCI-DSS 4.0, the latest version of the Payment Card Industry Data Security Standard, is expected to be released in mid-2021. Like all versions of PCI-DSS, 4.0 will be a comprehensive set of guidelines aimed at securing systems involved in the processing, storage, and transmission of credit card data.
What is PCI DSS in cyber security?
The Payment Card Industry (PCI) Data Security Standard (DSS) is an information security standard developed to enhance cardholder data security for organizations that store, process or transmit credit card data.
When did PCI compliance start?
December 2004
As payment fraud began to rise, credit card industry leaders convened to develop a common set of security standards. The PCI’s founding members—American Express, Discover Financial Services, JCB International, Mastercard and Visa—introduced PCI DSS 1.0 in December 2004.
Who does the PCI DSS apply to?
The PCI DSS applies to all entities that store, process, and/or transmit cardholder data. It covers technical and operational system components included in or connected to cardholder data. If you are a merchant who accepts or processes payment cards, you must comply with the PCI DSS.
Is PCI a legal requirement?
PCI DSS is a security standard, not a law. Compliance with it is mandated by the contracts that merchants sign with the card brands (Visa, MasterCard, etc.) and with the banks that actually handle their payment processing.
Is PCI compliance required by UK law?
The short answer is that PCI DSS is not a legal requirement in UK law. However, companies often overlook that credit card data is not just financial data but is personal data and comes under the Data Protection Act. Keeping personal information secure is a basic legal requirement.
What are the 12 PCI requirements?
The 12 requirements are: PCI Requirement 1 states, “Install and maintain a firewall configuration to protect cardholder data.” Your organization should focus on securing and hardening your network and securing the inbound and outbound traffic.
What are the PCI audit requirements?
Its 12 major requirements include the following: Implement firewalls to protect data Appropriate password protection Protect cardholder data Encryption of transmitted cardholder data Utilize antivirus software Update software and maintain security systems Restrict access to cardholder data Unique IDs assigned to those with access to data Restrict physical access to data Create and monitor access logs
What are PCI rules?
Implement firewalls to protect data
What is PCI compliance requirements?
PCI compliance regulations are a set of requirements designed to ensure participating businesses take the correct measures to secure internally and externally exposed transaction or billing data.