In the ever-expanding digital realm, protecting sensitive cardholder data is paramount. The Payment Card Industry Data Security Standard (PCI DSS) has stood as the gold standard for data security across the payment ecosystem. But changes are on the way. So, what does this mean for your business?
Put simply, the standard has been updated to adopt a risk-based focus on compliance and changes will start to impact your business from the end of March this year. As an organization which is passionate about protecting data – we’ve been through PCI DSS 4.0 with a fine-toothed comb, to identify the key updates and requirements you need to know about. These include:
- Increased Security Requirements: Version 4.0 intensifies security measures, enhancing protection for stored, processed, and transmitted cardholder data.
- Risk Management Focus: Beyond mere compliance, PCI DSS now emphasizes risk management. Businesses must implement specific security controls.
Organizations adopting the updated standard and implementing required measures will not only reap the benefits of improved data protection and lower risk – they will also avoid hefty fines and potential litigation which non-compliant businesses will.
Syxsense can help with PCI DSS compliance by keeping endpoints secure and up to date. Data protection and compliance teams can demonstrate ongoing compliance with our clear and straightforward reporting.
With the changes coming into force in a matter of weeks – why not take this opportunity to help yourself to our mini guide and check that your strategy is on course.
Disclaimer: This article provides general information and should not replace professional advice. Consult experts for specific guidance.
