PCI Update: 'No Surprises'

By , August 9, 2010.
PCI Update: 'No Surprises'
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Interview with Bob Russo, GM of the PCI Security Standards Council, on the Pending Release of the 2010 PCI DSS Update.After months of deliberation, the PCI Security Standards Council is on the verge of releasing the 2010 update of the Payment Card Industry Data Security Standard

What can card issuers, merchants, payments processors and other interested parties expect? No big surprises, according to Bob Russo, general manager of the council.

In an exclusive interview, Russo says the new update includes some clarifications and guidance that will create greater flexibility for merchants -- but no new requirements. "That's good news," says Russo, who goes on to discuss:

  • A summary of the clarifications and areas to be touched by the new guidance;
  • Timeline for release, discussion and implementation of the update;
  • Why payment card transactions will be even more secure as a result of these measures.

Russo brings more than 25 years of high-tech business management, operations and security experience to his role as the general manager of the PCI Security Standards Council. Russo guides the organization through its crucial charter, which is focused on improving data security standards for merchants, banks and other key stakeholders involved in the global payment card transaction process. To fulfill this role, Russo works with representatives from American Express, Discover Financial, JCB, MasterCard Worldwide and Visa International to drive awareness and adoption of the PCI Data Security Standard.

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