PCI DSS Compliance
The Payment Card Industry Data Security Standard or PCI DSS is a set of guidelines designed to safeguard credit and debit card account data. Launched in 2006, these financial data security guidelines set the operational and technical requirements for organizations accepting and processing financial transactions. It also provides guidelines for software developers and manufacturers in the industry on application and device development. According to PCI DSS, “payment security is paramount” for everyone, and “the PCI Data Security. Standards apply to you” if you accept or process payment cards. Therefore, it has outlined six goals and twelve security requirements for ensuring financial service compliance. Six Goals and Twelve Security Requirements 1. Build and maintain a secure network I. Build and maintain a firewall that protects the cardholder’s data II. Create unique system passwords rather than using generic vendor-supplied passwords and regularly update them 2. Protect cardhold...