PCI Compliance
Categories: Regulations
What do we get if we meet all the standards laid out by the PCI DSS? We achieve something known as “PCI compliance.” And what do we get if we don’t? Data breaches and big fines.
Wondering what we’re talking about? Wonder no more, because we’re about to break it down.
The PCI DSS is the Payment Card Industry Data Security Standard, and as the name suggests, it’s a set of rules and regulations designed to protect credit card customers’ personal information and help prevent data breaches and other data security issues. The PCI DSS was designed by the major credit card companies, and all merchants that accept credit cards are expected to comply with their directives (don’t store people’s SSNs unless absolutely necessary, for example) or face their fine-issuing wrath.
