PCI DSS Certification

PCI DSS standard is a globally accepted standard for protecting and securing cardholder data applicable to merchants, processors, acquirers, issuers, and service providers.

PCI compliance checklist is a tool that helps organizations ensure that they are meeting the requirements of the Payment Card Industry Data Security Standard (PCI DSS). The checklist typically includes a list of requirements and best practices that businesses must follow to achieve compliance.

PCI Compliance refers to the set of requirements that businesses and organizations must meet to ensure the secure handling of credit card information. The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards that were established by major credit card companies to help protect against credit card fraud and data breaches.

Account Data is Organized into two data groups. 1) Card Holder Data (CHD) 2) Sensitive Authentication Data (SAD). CHD covers the Data elements like Primary Account Number (PAN), Cardholder Name, Service Code and Expiration Date. CHD is useful to identify the Card holder, where in SAD Covers data elements like Track Data, CVV, CVC, CAV, CID, PIN / PIN Block. SAD is used for authorizing the card holder to do the transactions.

Yes, even if some of the payment processes may reduce your risk of breach or what is in scope for PCI compliance, business cannot ignore it.

PCI DSS standard can be applied to any organization that accepts, transmits or stores any cardholder data regardless of size or number of transactions.

Yes. any processing, storing or transmitting of payment cardholder data needs to be done under a PCI Compliant environment.

The latest is PCI DSS version 3.2.1 that replaces version 3.2. Though no new requirements were added in PCI DSS 3.2.1, the update was designed to eliminate any confusion around effective dates for PCI DSS requirements.

Merchants fall into four merchant levels based on Visa transactions over a 12 month period. The PCI compliance level can be decided by the number of transactions the merchants process each year.
Level 1: Merchants that process over 6 million card transactions annually.
Level 2: Merchants that process 1 to 6 million transactions annually.
Level 3: Merchants that process 20,000 to 1 million transactions annually.
Level 4: Merchants that process fewer than 20,000 transactions annually.

The PCI Security Standards Council mandates that all merchants should comply with the PCI DSS standard and an annual validation (or proof) is mandated by some merchant processors and is a way of documenting your compliance. These validation requirements are based on the number of card transactions processed and would require a self-assessment or independent onsite audit.

Depending on Scope of the organisation and its readiness the time varies between 6-12Wks.

One year from the Date of the Certification.

Yes. even processing one transaction per year, you must implement PCI DSS in your processing environment.

Being PCI non-compliant, makes your business more vulnerable to data compromise, and may also be fined by your merchant processor and/or the card brands for not undergoing PCI compliance validation.

The Self-Assessment Questionnaire, (SAQ) is a validation tool intended to assist merchants and service providers in self evaluating their compliance with PCI DSS. Organisation can download the document and fill all the details which are applicable and submit to PCI Council

SAQ must be chosen very carefully as per your processing environment, and validation tools are intended to assist merchants and service providers report the results of their PCI DSS self-assessment

Yes, Self Assessment Questionnaire is well named as it is intended to be completed by your own internal staff. The first time might take the longest, but the subsequent filings will turn much faster

You can attend QRC Online sessions or Our Team will assist you by the way of Awareness Training

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