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Payment Card Industry Data Security Standards (PCI DSS)

The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. It is a global standard and compliance is required for all businesses that handle cardholder data.

To comply with PCI DSS, businesses must:

  1. Build and maintain a secure network and systems. This includes installing and maintaining a firewall and using unique, high-security passwords.
  2. Protect cardholder data. This involves encrypting data transmission across open, public networks and safeguarding stored data.
  3. Implement strong access control measures. Businesses should restrict access to cardholder data on a need-to-know basis, assign a unique ID to each person with computer access, and restrict physical access to cardholder data.
  4. Regularly monitor and test networks. This means tracking and monitoring all access to network resources and cardholder data, as well as regularly testing security systems and processes.
  5. Maintain an Information Security Policy. This policy should be maintained, disseminated, and updated annually at a minimum.