- Use Cases
PCI compliance, or payment card industry compliance, refers to a set of 12 security standards that organizations must adhere to to keep customer payment card data secure.
PCI compliance or PCI DSS (payment card industry data security standard) is mandated by credit card companies in an effort to ensure the security of credit card transactions.
Any company that accepts, transmits, or stores private data of cardholders needs to be PCI compliant.
PCI DSS is not a law. PCI DSS is a security standard. Compliance is mandated by contracts that a merchant signs with major credit card brands such as Mastercard and Visa. Merchants who want to accept a credit card brand are required by the brand to demonstrate PCI DSS compliance.
In order to comply with PCI standards and guidelines, there are 12 steps that must be followed. The following steps are considered to be security best practices.
Want to learn how cybersecurity asset management can help ensure PCI DSS compliance? Check out this report.