Stories in the media about hackers stealing consumer card details are everywhere and you will be forgiven for thinking that it must be pretty easy to steal such data.
In reality, if a retailer has followed the correct Payment Card Industry Security (PCI) security procedures then your card details should be very secure. In this article, we take a look at what PCI is and how it protects your data.
What is the Payment Card Industry Data Security Standard?
The PCI DSS is a set of requirements intended to ensure that all companies that store, process or transmit credit and debit card information keep it secure. The world’s major card brands such as VISA and MasterCard joined together over 10 years ago to create the independent Payment Card Industry Security Standards Council (PCI SSC) in order to improve payment security. The PCI DSS is now a mature industry recognised best practise, administered and managed by the PCI SSC.
The PCI Security Standards Council (SSC) defines ‘cardholder data’ as the full Primary Account Number (PAN) along with: