Payment Card Industry Data Security Standard (PCIDSS)Payment Card Industry Data Security Standard (PCIDSS)
The Payment Card Industry Data Security Standard (PCI DSS) was developed by major credit card companies like MasterCard and Visa to increase consumer confidence in using credit cards for electronic payment. The standard applies to all merchants, financial institutions, service providers, and others that use, store, process, or transmit payment cardholder data. It ensures that these organizations take due care and diligence to prevent credit card fraud, identity theft, and hacking, and addresses many other security issues as well. The standard has 12 requirements designed to ensure the confidentiality and integrity of customer information.
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