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How to Ensure PCI DSS Compliance - Part 2 by Martin Lobo





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How to Ensure PCI DSS Compliance - Part 2 by
Article Posted: 03/21/2013
Article Views: 255
Articles Written: 655
Word Count: 462
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How to Ensure PCI DSS Compliance - Part 2


 
Business
PCI compliance is becoming an everyday concern for those businesses apprehensive about vulnerabilities in the consumer payment card transactions processes.In today's card-centric business millions of consumers and businesses utilize various types of payment cards to complete billions of retail purchases and transactions both direct and indirect such as across-counter transactions, on the web, through the mail or over the phone. To have the right to process payment card transactions, it is essential for retail organizations to comply with the Payment Card Industry Council's Data Security Standards (PCI DSS). PCI DSS requires organizations to protect cardholders account information throughout the transaction lifecycle, from the point of sale, data transfer and storage of account information.

Organizations can safeguard important customer information as well as payment card details, as reducing the number of security breaches and protecting the card brands is the main aim of PCI. PCI protects against the negative publicity associated with a data breach and guarantees customer confidence in the use of payment cards. To be PCI Compliant, companies need to adhere to certain requirements when processing cardholder data.

To be PCI compliant at all times, businesses can purchase sophisticated security equipment, configure it to minimize the risk and implement a host of policies and protocols to comply with the latest data security standards. While PCI compliance requirements continue to evolve, they become more confusing to people who are not in the industry. To make sure your business is compliant,you may start by hiring a qualified security assessor to consult with you and assess your situation and recommend the right solution. The solution must build and maintain a secure network, protect cardholder data, maintain a vulnerability management program, implement strong access control measures, and regularly monitor and test networks.

When making a purchasing decision aimed at PCI DSS compliance look for comprehensive solutions that:

* Provide access to data repositories and applications that can be governed inside of the network perimeter

* Can provide enforcement of policies and monitoring of user activities for reporting.

* Is quick and simple to deploy and manage

* Has high transaction processing capabilities so that enterprise-level throughput can be supported

* Is flexible and scalable so that changing business priorities and access policies can quickly and easily be implemented

* Is cost-effective so that PCI DSS compliance initiatives can be completed within or under budget

A good PCI DSS Compliance solution will support a growing number of regulatory requirements and will also continuously enforce policies consistent with that regulatory requirement. Choose a solution that is capable of automated monitoring for security vulnerabilities, mapping of security controls for assessing conformance and gaps, and initiating remediation actions for successfully meeting Compliance requirements.

Read more about- IT Compliance, IT Security and compliance

Related Articles - PCI compliance, vulnerability management, PCI DSS Compliance, IT Compliance, IT Security and compliance,

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