While PCI compliance is a priority for many U.S. retailers, some major companies in Australia say they'd rather forego the cost of compliance and risk the possibility of steep fines if a card breach occurs.
As the PCI Security Standards Council celebrates its 10th anniversary, Troy Leach, the council's chief technology offer, offers his assessment of how its Payment Card Industry Data Security Standard could evolve in the next 10 years.
As we prepare to mark the tenth anniversary of the PCI Security Standards Council, it's time to assess the impact PCI-DSS has had on payments security and consider whether it will remain a viable standard 10 years from now. A series of upcoming reports will address these topics.
Five new payment card data security requirements for third-party service providers are among the most significant changes included in version 3.2 of the PCI Data Security Standard released April 28, says Troy Leach of the PCI Security Standards Council.
PCI DSS 3.1 is scheduled to become effective as of June 30, 2016, and with that comes several changes - and challenges for security professionals.
Some organizations may interpret these changes as an order to shore up their level of compliance. But Tim Brown of Dell argues that becoming compliant should, in fact,...
PCI DSS 3.1 is scheduled to become effective as of June 30, 2016, and with that comes several changes - and challenges for security professionals. In an interview, Dell's Tim Brown discusses why network security is instrumental to ultimately meeting PCI DSS 3.1.
The PCI Security Standards Council envisions a single, globally-unified data security standard. Now that the European Card Payment Association is a strategic regional member, that goal is significantly closer, says Jeremy King, the council's international director.
The Federal Trade Commission's review of how nine qualified security assessors scrutinize merchants' PCI compliance could be a sign that more federal oversight of payments security is on the way.
The PCI Security Standards Council will soon release an update to its PCI Data Security Standard, requiring the use of multifactor authentication for administrators who have access to card data networks. In an interview, the council's Troy Leach explains the new requirements and compliance expectations.
Organizations handling transactions involving credit or debit cards are facing increasing pressure to comply with the Payment Card Industry Data
Security Standard (PCI DSS) version 3, which established
various requirements for safeguarding an organization's relevant systems and networks, comprising the
Cardholder...
The PCI DSS was developed to "encourage and enhance cardholder data security and facilitate the broad adoption of consistent data security measures globally. PCI DSS provides a baseline of technical and operational requirements designed to protect cardholder data." Even by following the PCI DSS guidelines, it is...
A lawsuit filed against security firm Trustwave is raising questions about "PCI Professional Forensic Investigators" and how they are monitored by the PCI Security Standards Council. But experts say the onus is on companies, not the council, to ensure their security practices are adequate.
Jeremy King of the PCI Security Standards Council explains why it has extended its compliance deadline for encryption updates aimed at phasing out SSL and TLS 1.0. But he stresses that merchants, processors and acquirers should not wait to make upgrades.
In the largest monetary award obtained by the FTC in an enforcement action, LifeLock has agreed to pay $100 million to settle a case that, in part, stemmed from the identity protection company failing to establish and maintain an information security program to protect customers' personally identifiable information.
In the age of payment card breaches, PCI compliance is a top priority for merchants and organizations that process electronic payments. But what difference does it make when its PCI compliance in the cloud? Steve Neville of Trend Micro shares insight.
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