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What is Payment Card Industry Security Standards Council mean?
The Payment Card Industry Security Standards Council was originally formed by American Express, Discover Financial Services, JCB International, MasterCard and Visa Inc. on 7 September 2006, with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard. The council itself claims to be independent of the various card vendors that make up the council.
The PCI Council formed a body of security standards known as the Payment Card Industry Data Security Standard (PCI DSS), and these standards consist of twelve significant requirements including multiple sub-requirements, which contain numerous directives against which businesses may measure their own payment card security policies, procedures and guidelines.
They also manage the Payment Application Data Security Standard (PA-DSS), formerly referred to as the Payment Application Best Practices (PABP). More recently, they have collaborated with EMVCo, to provide the security requirements, testing procedures and assessor training to support the EMV 3-D Secure v2.0 standard.
reference nanPosted on 16 Dec 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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