The newest version of PCI DSS (4.0) is out, and companies are asking about the new requirements. Some of these requirements apply to PCI DSS encryption, and while there are changes, many of the standards of 3.2.1 are still the lay of the land.
Learn more about PCI DSS encryption and how it’s shifting in version 4.0.
PCI compliance is a hot topic these days. While payment processing seemed like the domain of large enterprises and retailers, the expansion of cloud-based processing and online storefronts have blurred the lines between processors, merchants and secure, compliant systems.
Many organizations seek their PCI compliance certification to cover their bases with payment processing and data storage. As these enterprises collect card data, payment information, and other data types, this compliance helps them maintain good standing with the credit card companies and their customers.
Learn the basics of PCI compliance and auditing in this article.
The Payment Card Industry Data Security Standard is a voluntary security framework to help protect customers and merchants against the theft of credit card data during POS transactions. Like many other compliance frameworks, PCI DSS has continually evolved over the years to match new technologies and new threats to the privacy of consumers shopping online and off. As of 2021, the PCI Security Standards Council has announced the newest version of PCI DSS, version 4.0.
While the official documentation for the updated standard has, as of March 2021, not been released, many merchants and banks are preparing for the transition. Here are some basics into PCI DSS and the move to version 4 coming Summer 2021.