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PCI Updates Coming
Visa, MasterCard plan to unveil new security rules in the next couple of months. According to Computworld.
The rules will be the first major updates to the one-year-old Payment Card Industry (PCI) data security standard, which analysts said is slowly but surely being adopted.
One set of PCI extensions is aimed at protecting credit card data from emerging Web application security threats, said Eduardo Perez, vice president of corporate risk and compliance at Foster City, Calif.-based Visa. Other new rules will require companies to ensure that any third parties that they deal with, such as hosting providers, have proper controls for securing credit card data....
...The number of companies complying with PCI requirements finally appears to be picking up after a slow start, several analysts said. Visa says that about 22% of Tier 1 merchants, which the company defines as those processing more than 6 million card transactions per month, are already PCI-compliant, with another 72% on track to becoming fully compliant.
Posted July 20, 2006 in LogMatters | Permalink
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