Payment Card Industry Data Security Standard (PCI)

The Payment Card Industry Data Security Standard (PCI DSS) is a global information security standard defined by the Payment Card Industry Security Standards Council. It was created in an effort to help prevent credit card fraud through increased controls around data and its exposure to compromise. Organizations which hold, process, or exchange cardholder information are accountable to PCI DSS. Compliance of an organization is assessed annually.

Organizations faced with regulatory obligations related to the Payment Card Industry Data Security Standard can use to manage their policies and procedures in an efficient and cost-effective manner.

In many organizations the number of resources coming in contact with credit card information is significant and there are frequently high turnover rates associated with these positions. Using the process of distributing the right policies and procedures to the right resources is streamlined and fully automated eliminating the previous burden and risk associated with the volume of employees and high turnover rates. Employees can easily sign off on the procedures and take associated tests from any computer at anytime. The real-time data empowers management with proof of their efforts to meet their regulatory obligations.

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