PCI DSS (Payment Card Industry Data Security Standard)
Security benchmarks for entities handling branded credit/debit cards.
Detailed Description
PCI DSS (Payment Card Industry Data Security Standard)
What is the primary purpose of PCI DSS?
The primary purpose of PCI DSS is to enhance payment card security and protect sensitive cardholder information from breaches and unauthorized access.
Who is affected by PCI DSS compliance?
PCI DSS applies to all entities involved in payment card processing, including merchants, payment processors, acquirers, issuers, and service providers.
What are the consequences of non-compliance with PCI DSS?
Non-compliance can lead to fines, increased transaction fees, potential legal liabilities, and loss of the ability to process credit card transactions.
How many key requirements does PCI DSS consist of?
PCI DSS consists of 12 key requirements grouped into six categories.
Is PCI DSS compliance a one-time effort?
No, PCI DSS compliance is an ongoing process that requires regular updates and assessments to adapt to evolving security threats.