PCI DSS

Overview

The Payment Card Industry Security Standards Council (PCI SSC) came up with the Payment Card Industry Data Security Standard (PCI DSS). Payment Card Industry Data Security Standard (PCI DSS) is a collection of rules that ensure the safety of personal identification information (PII). It was initiated in 2004 to try and promote better handling of sensitive authentication data (SAD) by cardholder data environments (CDEs).
American Express, Discover, JCB International, MasterCard, and Visa Inc. came together to form this group. All of them are equal in terms of running the Council. PCI-DSS compliance obligations touch on all firms storing, processing, or transmitting client-sensitive information. Even non-cardholder data-only entities may be expected to meet some or several requirements for PCI DSS compliance following their relationships with third parties. Companies retaining such data are bound by PCI DSS to conform.
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Methodology

The risk of data leakage is high for companies involved in transaction processing business. To minimize this threat, leading card providers jointly developed stringent guidelines on secure handling and annual validation of PAN, name, expiration date, service code, and sensitive authentication data like full track, verification codes, and PINs. A thorough identification of risks involves threat assessment followed by vulnerability and penetration testing, which includes LAN segmentation checks and compliance checks on firewall rules.
 

Requirements Of PCI DSS Compliance

Secure Data Handling

Install and maintain network security controls to protect cardholder data, apply secure configurations to all system components, encrypt stored account data, secure transmission over public networks, and protect systems from malicious software.

Access Monitoring

Restrict access to system components and cardholder data based on business need-to-know. Identify users and authenticate access to system components securely. Restrict physical access to cardholder data and log all access for monitoring and accountability.

Security Management

Develop and maintain secure systems and applications with regular testing and updates, conduct frequent security assessments and penetration tests, and support information security with strong organizational policies and awareness programs.

Our Approach.

Our strategy to improve credit card data security!

Security Rules for PCI DSS

The security rules for PCI DSS (Payment Card Industry Data Security Standard) encompass a set of comprehensive guidelines designed to secure cardholder data and ensure safe transaction processing. This ensures that the data of the customers is kept safe while there is no interruption in the transactions and normal functioning at any stage. Here’s an overview of the key security rules under PCI DSS:

● Build and maintain a secure network and systems.
● Protect cardholder data with encryption and masking.
● Maintain a vulnerability management program with regular updates.
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