Contact centres that have worked hard to blend people and technology to enhance data and payment processes in the last year, have typically done everything they can to comply with both GDPR and PCI DSS
"Our compliance to PCI DSS
strengthens our networks security reputation in the industry," BancNet president Roberto Blas said.
Chenthil Kumaran, Product Manager, ManageEngine, said that "PCI DSS
3.0 compliance has become a crucial security element.
The PCI DSS
accreditation, published by the PCI Security Standards Council (PCI SSC), is the most comprehensive, internationally recognized data security standard to enhance protection of consumer credit card information, assist in prevention of identity theft and fraud, and promote payment data security across the globe.
non-compliance assessments are capped at a set amount that does not depend on the number of cards at issue.
Any entity, such as a merchant or merchant bank, along the payment network, regardless of size or number of transactions, storing data in violation of the PCI DSS
standards allows for vulnerability throughout the system.
Williams (ISSA fellow, payment security and PCI DSS
specialist) and Chuvakin (security expert, log management and PCI DSS
compliance) provide background on Version 2.0 of the Payment Card Industry Data Security Standard (PCI DSS
), the minimum standard with which vendors must comply to ensure data security.
Summary: Union National Bank (UNB) recently announced that it had achieved PCI DSS
certification, which is stipulated by the Payment Card Industry Council and comprises of a set of data security and control requirements to ensure the security and sensitive card data of customers and prevent the risk of frauds.
16 November 2012 a[euro]" Irish Payment Card Industry Data Security Standard (PCI DSS
) compliance validation and merchant intelligence solutions provider Sysnet Global Solutions said it had acquired US sector player Panoptic Security Inc, cementing its position on the US market.
The PCI DSS
Compliance Certificate was received by QIB Acting CEO Ahmad Meshari from Paladion Networks CEO, Rajat Mohanty.
The Payment Card Industry Data Security Standard or PCI DSS
was established to increase controls around cardholder data to diminish credit card fraud via its exposure.
Global Banking News-September 13, 2011--HSBC Merchant Services offers PCI DSS
compliance service(C)2011 ENPublishing - http://www.enpublishing.co.uk