If you are a merchant that accepts, processes, transmits or stores credit card payments from customers, you’re required to comply with the Payment Card Industry Data Security Standard (PCI DSS). PCI DSS compliance ensures merchants secure cardholder data from potential data breaches.  It is not one-off compliance, but an ongoing process of ensuring a merchant has the necessary structures in place to protect customer data.

At katalusys, we help organizations comply with PCI DSS, The Payment Card Industry Data Security Standard is a standard developed by the payment card industry to help organizations protect cardholder data from fraud and theft. The standard consists of 12 requirements that address areas such as secure network configuration, access control, encryption, and vulnerability management. Adherence to the standard helps organizations ensure that their payment card processing activities are conducted securely and in compliance with industry regulations.

PCI DSS is composed of 12 requirements that provide guidance on how organizations should protect cardholder data. The requirements address areas such as secure network configuration, access control, encryption, and vulnerability management. Adherence to the standard helps organizations ensure that their payment card processing activities are conducted securely and in compliance with industry regulations. Additionally, PCI DSS can help organizations identify and reduce vulnerabilities and risks, as well as detect and respond to security incidents. Finally, the standard includes audit procedures and reporting requirements that can help organizations demonstrate compliance.

PCI DSS also requires organizations to conduct periodic security assessments and reviews to ensure that the controls implemented are effective. Additionally, the standard requires organizations to create incident response plans that outline how to respond to security incidents or breaches. It also includes specific requirements for vendors and service providers, such as requiring them to have written agreements with organizations that describe the security measures they will be required to implement. Finally, PCI DSS includes monitoring and reporting requirements that organizations must follow to ensure compliance.

 What are the benefits of PCI Compliance?

•       Builds trust with customers
•       Reduces overall data breaches
•       Improves brand reputation