The way we do business continues to evolve, and with that, the requirements to remain compliant continue to evolve as well. PCI-DSS is no exception — as of March 2024, PCI-DSS 4.0 will introduce some significant changes. These differences are largely minor but could be very impactful for organizations depending on how they previously approached PCI-DSS 3.2.1.

With violation penalties of up to $100,000 per month until full compliance is achieved, every entity processing cardholder data can't afford to miss a PCI DSS compliance gap. But with the expanding digital landscape increasing the complexity of information security, complying with the Payment Card Industry Data Security Standard is difficult unless you leverage a product that can help you track your compliance efforts.

In the modern world, where financial transactions are increasingly conducted online, ensuring the security of sensitive financial information has become paramount. The Payment Card Industry Data Security Standard (PCI DSS) guides businesses worldwide towards the secure handling of payment card data. Compliance with PCI DSS not only protects your customers from potential data leaks but also safeguards your organization’s reputation and credibility.

Digital transactions and personal data sharing have become the norm, and protecting sensitive financial information is now more important than ever before. This is where a PCI-Qualified Security Assessor (QSA) comes in.

As the retirement countdown for the current version of PCI is now less than six months, a new standard for password length, complexity, and change frequency may create some risk. Valid credentials have become a very hot item, as threat actors realize the low risk and high value of simply becoming an Initial Access Broker (rather than performing an entire cyber attack themselves).

You don’t need a professional to be PCI-compliant, but professional expertise can make navigating the notoriously complex PCI DSS requirements easier. An experienced cybersecurity firm with qualified assessment staff can speed up compliance, enhance a firm’s security posture according to priority actions, and help the firm achieve a high level of security and peace of mind. However, you must use a professional for your business to be PCI-certified.

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). By following the steps outlined in the checklist, businesses can take a comprehensive approach to security measures and access controls, and respond to new threats posed by technological advancements.

PCI version 4.0 was released in March 2022, and all organizations that must be compliant with the regulation have a deadline of March 31, 2024 to do so. So, what does the new version say about pen testing? According to Requirement 11 of the Payment Card Industry Data Security Standard (PCI DSS), pen testing is required for organizations and entities that store, process, and/or transmit cardholder data.

Digital transformation has changed the way people make purchases. The growth of ecommerce has led to credit cards becoming one of the most widely used payment methods, but mismanagement could jeopardize the integrity and security of company and customer data.