Payment Card Industry Data Security Standard - PCI DSS

Payment Card Industry Data Security Standard (PCI DSS)

The Payment Card Industry Data Security Standard (PCI DSS) is an information standard defined by the Payment Card Industry Security Standards Council for organizations that possess and process cardholder information for major credit, prepaid, debit, ATM, POS and e-purse cards. PCI DSS was developed in order to implement controls around cardholder information to reduce fraud as a result of disclosure of the information. 

Annual confirmation of compliance to the PCI DSS is required and organizations are reviewed by an external Qualified Security Assessor for organizations with a large number of transactions, or via a Self-Assessment Questionnaire for companies handling smaller number of transactions.

Risk Management Software - RM Studio and PCI DSS 

RM Studio can be imbedded with the PCI DSS, creating an easy to use Risk Management Software for PCI DSS. For more information on RM Studio, see the Risk Management Software page and the Benefits and Features of RM Studio page.