Payment Card Industry Data Security Standard

Credit card data breaches are top of mind in today’s news headlines. Someone or some organization is getting breached right now, whether via identity theft, an actual data breach, or a data compromise. Five major international credit card brands (i.e., American Express, Discover, JCB, MasterCard, and Visa) formed the Payment Card Industry Security Standards Council (PCI SSC) in 2006 to share in defining the governance and execution of the council’s standards for ensuring the confidentiality, integrity, and availability of cardholder data and transaction-processing functions.

Purpose and Scope

The PCI SSC has two major priorities. Priority number one is to assist merchants and financial institutions ...

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