What is the PCI DSS?

The Payment Card Industry Data Security Standards (PCI DSS) is a set of standards preventing credit card fraud and protecting credit card holders from personal data theft.

The PCI DSS suggest controls that secure the three primary stages of the credit card data lifecycle:

  1. Credit card data processing
  2. Credit card data storage
  3. Credit card data transfer

Key takeaways

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    PCI DSS is mandatory for every entity processing credit card data.
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    PCI DSS is an internationally recognized standard.
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    Non-compliance could result in fines ranging from $5,000 - $100,000 per month until complete compliance is achieved and verified.
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