PCI

In updating its point-to-point encryption standard, the PCI Security Standards Council says the resulting simplified validation process for component and software providers will result in more products available for cardholder data protection.

FIS has partnered with ControlScan to give its growing number of payment facilitators’ “sub-merchants” a streamlined path to comply with the Payment Card Industry Data Security Standard.

Blockchain and distributed ledger technology offer many of the basic elements that are essential components for PCI DSS compliance, writes Doug Wick, chief product officer at ALTR.

Managing compliance and breach risk make it harder to offer a good customer experience, but the cost of friction may be even higher, argues Bob Janacek, CEO of DataMotion.

Compliance can be complex and expensive, but failure puts merchants at risk, says FIME's Christian Damour.

Both are useful, but each has specialties in protecting different types of transaction processes, according to Rambus Payments' Andre Stoorvogel.

To stay ahead of the rapid development of payment applications, the Payment Card Industry Security Standards Council is making new software security standards and a validation program for vendors available later this year.

Collaboration is a critical part of how we prevent cyberattacks from turning into breaches that put consumer payment card data at risk, writes Lance Johnson, executive director of PCI SSC.

New Merchant Advisory Group chief John Drechny will push open standards for payments acceptance and security technology that doesn't impact customer experience.

Lack of preparation for a PCI DSS assessment usually results in unexpected and unnecessary expenses, as well as lost productivity among all parties involved, writes Marc Punzirudu, director of security consulting services at ControlScan.