Posted by: Charles Denyer
130 million cards, charles denyer, data security breach, merchants, payment card industry data security standards, PCI DSS, service providers
PCI DSS compliance has taken a lot of shots lately, much of it unfair. Sure, there have been a number of high profile data and security breaches, such as the recent compromise of 130 million payment (credit and debit) cards.
These stories create great front page news and to be fair, they need to be covered to report on the growing security issues facing businesses today. With that said, the Payment Card Industry Data Security Standards, commonly known as PCI DSS to many, has proven to be a highly effective and sustainable compliance initiative for protecting cardholder data. I’ve probably got some critics already by making such a bold statement, but keep in mind that the number of organizations that have successfully become compliant and have NOT suffered a data breach is very impressive indeed. Sure, the bad apples always cause the problems, making front page news and questioning the validity of PCI DSS. It’s hard in today’s society to have absolutes on almost any variable, compliance being one of them.
An ounce of prevention can go a long way, and that’s exactly what many merchants and service providers have done by implementing PCI DSS standards and becoming compliant.
Visit the official PCI DSS Resource Guide to learn more.