PCI DSS stands for Payment Card Industry Data Security Standard. Credit card companies mandate credit card compliance via PCI DSS to help ensure the security of credit card transactions in the payments industry.
Companies that must achieve card compliance through PCI DSS include any company that accepts, processes, stores, or transmits payment card information (i.e., credit or debit card information), such as merchants, point-of-sale vendors, financial institutions (e.g., banks, creditors), and developers who create the programs used to process payments.
Before you start digging into the requirements for PCI DSS, you’ll want to define your PCI DSS scope. This will help you reduce the compliance costs, operation costs, and risk associated with interacting with payment card data. This involves a few exercises:
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