Like many other subject areas that touch upon Information Technology or cyber security, the Payment Card Industry is riddled with acronyms and potentially bewildering terminology. Here is an explanation of some of the more common ones in use.
AOC – Attestation of Compliance. This is a short (8 page) sign-off document that accompanies a ROC or a SAQ report. Multiple versions exist depending upon the scenario and environment.
ROC – Report on Compliance. A 194-page report that describes the compliance status for a level 1 merchant or service provider. A Qualified Security Assessor must complete this.
SAQ – Self Assessment Questionnaire. An alternative to a ROC, which can apply to merchants or service providers. There are 9, widely differing versions in relation to the scope of compliance and applicable payment channels (e.g. an e-commerce web site, a telephone-based transaction, or use of a chip and pin machine).
CHD – Cardholder data. This includes the PAN, the cardholder’s name, the expiration date, and a service code (e.g. properties of the card, such as allowed services like “ATM only” or “No restrictions”).
PAN – Primary Account Number. The long number, which normally is shown on the front of a card.
SAD – Sensitive Authentication Data. This includes full track data (magnetic stripe data or the equivalent on a chip), the CVV (short number, normally appearing on the back of the card), and PIN’s or PIN blocks.
Merchant. An organisation that accepts payments, usually in exchange for goods or services.
Acquirer. The bank or other entity that a merchant has a contractual relationship with to process the merchant’s payments. For example, RBS, Lloyds, HSBC, Barclays, WorldPay.
Issuer. An entity that actually issues a card to the cardholder, and each time a purchase is made with the card, provides transaction authorisation to the merchant’s acquiring bank. This could be a payment brand directly (like American Express); or issued through another organisation that issues a card on behalf of Visa and Mastercard. For example, you may be issued with a credit card by supermarkets who operate financial services, such as Tesco and Sainsbury’s; or other high street companies, like M&S.
Payment Processor. Acquirers used to own their own acquiring technology platforms, but most have now outsourced this activity. For example, HSBC and use of Global Payments Inc; or Santander and use of Elavon Inc.
Payment Gateway Supplier. A more recent(ish) area is the provision of payment gateway services for online transactions. The gateway collects payment details from cards presented to the merchant for payment and passes these onto to the acquirer or payment scheme. For example, Sagepay, and Paypal.
Service Provider. An entity that is directly involved in the processing, storage, or transmission of transaction of cardholder data on behalf of another merchant or service provider. For example, a hosted data centre provider, or a managed service that provides firewall management, or a Security Operations Centre.
PCI Data Security Standard Terms
CDE – Cardholder Data Environment. This is the scope for PCI DSS compliance. All components (people, processes, technology) that are involved in the storage, processing, or transmission of cardholder data. The scope also includes components that are directly connected to the CDE. For example, to provide security services like a patching server or an anti-virus update system; as well as devices used by systems administrators to access the CDE.
Segmentation. Not a mandatory requirement for compliance, but strongly recommended as a method for reducing the scope of PCI DSS compliance. This is where judicious placement of firewalls can be used to segment the CDE from the rest of a network.
Tokenization. This is a process by which the primary account number is replaced with a surrogate value called a token. For example, to help reduce the amount of cardholder data stored in the merchant’s environment, whilst still providing a valid reference to a customer or card transaction.
PGI believes that cyber security doesn’t need to be overly complicated, incomprehensible or vastly expensive. We specialise in delivering cyber security services and protection, and offer a range of training courses to upskill your staff to tackle cyber threats in-house.
Want to know more about our PCI Compliance Advice, PCI Gap Analysis, Testing and Monitoring or Audit and Compliance Reporting? Please get in contact via our online form, directly through our email at firstname.lastname@example.org or call us on 0207 887 2699.
Your free global geopolitical
PGI’s Risk Portal tool provides daily intelligence feeds, country threat assessments and analytical insights, enabling clients to track, understand and navigate geopolitical threats.
The Risk Portal gives users up-to-date information and analysis on global affairs.
The Risk Portal allows users to visualise information in a unique and instantly understandable way. Mapping filters enable the visualisation of incidents by threat category, time period, perpetrator and target type.
Risk Portal users can upgrade their accounts to include the Report Builder and Country Profile Generator features. The Report Builder allows users to select information, data and images from the Risk Portal and create bespoke reports and emails.
Subscribers to PGI’s Bespoke services receive tailored analysis on specific sectors and geographies of interest, delivered at a frequency they determine.
Making ongoing compliance easier for you and your business
GDPR is now in force. Make sure your business meets the necessary requirements, providing assurance for all of your customers and employees.
A full audit of your business to assess the level of your compliance against GDPR requirements.
Become GDPR compliant with minimal work. We will conduct an analysis, review, report and implement any necessary changes to your business.
We will conduct simple security assessments to help you understand and mitigate the potential risks to your business.
Get your business ready to face the cyber challenge.
We provide a full range of accredited, certified and bespoke services that assess the resilience of your cyber security posture.
PGI’s Qualified Security Assessors (QSA) will help you meet Payment Card Industry Data Security Standards (PCI DSS).
Find out more on PCI DSS
Demonstrate your commitment to cyber security by achieving and maintaining accreditation for the globally-recognised information security standard.
Find out more on ISO 27001
Understand the threats of phishing and malware to avoid being targeted.
Undertake our phishing vulnerability assessment to reduce your organisation’s risk of attack, by measuring the cyber awareness of your workforce.
PGI will conduct a tailored phishing campaign, using multiple methods, to identify realism and train employees where necessary to mitigate future attacks.
PGI monitor multiple metrics to identify the types of phishing, generate in-depth analytical reports and provide an informed decision to help improve your organisation’s level of security and awareness.
Prevent attacks, respond to breaches and protect your business.
Our bespoke range of cyber security services not only protect your critical assets but provide the education you need to keep your operations and data safe.
Implement this cost-effective cyber security measure launched by the government to prevent cyber-attacks, demonstrate information security commitment to your clients, and attract new business by being recognised as a secure organisation.
Find out more on Cyber Essentials Accreditation
The most effective way to identify how attackers target your organisation’s weaknesses is by evaluating your system, your network security, and reporting on any vulnerabilities that could have an impact on your business.
Find out more on Penetration Testing
If your business has experienced breaches, network compromises or operational disruption, our team of cyber security specialists can deploy quickly, and will begin the process of detecting and eliminating the threat efficiently.
Find out more on Data Breach Response & Recovery
Data Breach Response & Recovery
We prevent attacks, respond to security breaches, and protect your business
Our team of specialists can deploy quickly and efficiently to begin the process of detecting, eliminating and preventing future threats of a breach.
A vital part of the response process is making a copy of your data for safe forensic analysis. We will work with you to preserve and use this evidence to discover the extent of an intrusion.
Find out more on Digital Forensics
We will identify and minimise the risks, as well as the possibility of future risks to your business.
Consistent interaction with your management team and recommendations on how to approach all outcomes that need attention.
Subscribe to our Cyber Bytes Newsletter
Keep yourself in the loop with PGI by signing up to our Monthly Cyber Bytes email. You will receive updates, tips and narrative around what has been happening in the world of information security.