PCI DSS is the Payment Card Industry’s Data Security Standard, a regulation created to increase controls over cardholder data and reduce fraud. It applies to any organization that processes credit or debit cards. While PCI DSS compliance has been shown to protect businesses against data breach, the majority of organizations today do not achieve and maintain compliance.
The PCI DSS standard currently consists of 12 main requirements and over 200 sub-requirements. Key concerns of the standard include encrypting data in transit and at rest, controlling access to cardholder data, and maintaining secure systems and networks. The challenge with PCI DSS is often interpreting how each requirement applies to your unique IT environment.
The right software solutions can greatly simplify compliance with PCI DSS. To ensure your data transfers are PCI DSS compliant, implement a managed file transfer (MFT) solution. MFT provides encryption and secure file transfer protocols, controls access to sensitive data, and generates the reports you need for a compliance audit. PCI DSS compliance requirements will continue to evolve, but by implementing robust solutions, your organization can meet current requirements while laying a strong foundation for future security enhancements.
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