Payment Card Industry Compliance
What is PCI-DSS?
The Payment Card Industry Data Security Standard (PCI-DSS) is a worldwide standard designed to protect payment card data. Created to help organizations that process card payments to prevent payment card fraud, it imposes strict data controls on all organizations that store, process, or transmit payment card data from card brands.
The standard requires organizations to meet stringent requirements for the handling and safe keeping of data.
Who does PCI-DSS Apply to?
Organizations handling card data are obliged to protect the cardholder data. They are required to build and maintain a secure network that is regularly monitored and tested. These networks should have strong access controls and must comply with a maintained information security policy held by the organization. All card processing organizations are also obliged to maintain a vulnerability management program.
PCI-DSS Non-Compliance Penalties
For organizations that fail to comply with these requirements, the penalties can involve:
- Insurance claims
- Cancelled accounts/replacement cards
- Payment card issuer fines
- License to process transactions could be revoked
How Fortra’s Digital Guardian can help with PCI-DSS
Fortra's Digital Guardian can significantly aid in achieving PCI-DSS compliance by providing robust data protection and monitoring capabilities. It helps secure cardholder data by offering real-time visibility into data access and movement across endpoints, networks, and cloud environments. Digital Guardian enforces data protection policies, ensuring that sensitive information, such as credit card numbers, is encrypted, masked, or blocked from unauthorized access or transfer. Additionally, the solution supports comprehensive audit-trails and reporting, which are crucial for demonstrating compliance during PCI-DSS audits, thereby reducing the risk of non-compliance and associated penalties.