PCI/DSS (67 Procedures)


The Payment Card Industry Data Security Standard (PCI DSS) was developed in 2004 by major credit card companies to create a unified approach to safeguarding sensitive payment card information. Recognizing the growing threats to financial data in an increasingly digital economy, PCI DSS aimed to establish a robust set of security requirements for organizations that handle credit card transactions. This industry-led initiative sought to build consumer trust and reduce financial fraud by ensuring that companies implement strong security measures to protect cardholder data.


"PCI DSS embodies an ethical mandate for businesses to protect consumer financial data, fostering trust and resilience in the global payment ecosystem through rigorous security practices."


PCI DSS was conceived as a response to the rising incidence of credit card fraud and data breaches, which were causing significant financial losses and eroding consumer confidence. The standard introduces twelve key requirements, covering areas such as network security, encryption, access control, and regular testing. By mandating these practices, PCI DSS aimed to create a baseline of security across the payment card industry, reducing vulnerabilities and making it more difficult for cybercriminals to access sensitive financial information.


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