controlgap.com

Securing PAN Using Keyed Cryptographic Hashing in PCI DSS v4.0.1

The PCI 3DS Core Security Standard, which builds on the EMV 3DS standard was introduced to mitigate the risk of fraud for businesses handling card-not-present (CNP) transactions. Fraud poses a significant risk and PCI 3DS offers a secure framework for online payments, but what is PCI 3DS, who needs to follow its guidelines, and why is it essential? If you are a issuer, processor or even a card brand, we break it down in this quick guide.

PCI DSS (Payment Card Industry Data Security Standard) compliance is a cornerstone security framework for organizations handling sensitive payment card data. Yet, despite best intentions, even the most security-conscious businesses will find themselves falling out of compliance. Before panic sets in, it's important to understand that non-compliance is not impossible to overcome. It's a challenge that, with the right approach, can be addressed and corrected. So, while we say it's okay not to be PCI compliant, it's important to know that you should always strive to maintain your compliance to minimize your risk, and  develop strategies to return to a compliant state. Below, we discuss three common reasons organizations fall out of compliance and outline the steps you can take to get back on track. 

Maintaining Payment Card Industry Data Security Standard (PCI DSS) compliance is becoming more difficult as businesses adopt modern network infrastructures like cloud-environments, Zero Trust models, and virtual networks. Proper scoping and segmentation are essential to minimize risk and to protect cardholder data. In this article, we'll explore some key strategies to implement in order to achieve and maintain PCI DSS compliance.

As companies rely more on cloud services, cybersecurity frameworks like System and Organization Controls have become essential for establishing trust between service providers and their customers. But what exactly is SOC 2, and how would a business meet compliance? 

We review the different types of reports and the requirements for SOC 2 compliance. Whether in FinTech, SaaS, or any other business that handles sensitive customer data, understanding the importance of SOC 2 compliance will help you stay secure and competitive. 

Security Standards (PCI DSS) are vital in establishing baseline security measures for financial industry professionals who face challenges safeguarding sensitive information. However, organizations must understand that compliance with these standards does not equate to comprehensive security. Continue reading to better understand the foundations of offensive security and the importance of proactive measures beyond mere compliance to achieve a mature security posture in the financial industry.

PCI Attestations of Compliance (AoCs) provide organizations with a tool that helps with the all-important aspects of third-party due diligence.  Yet many organizations don’t pay enough attention to the details of the AoCs they rely upon. AoCs are critical when engaging with and monitoring third-parties for PCI compliance. Running an effective compliance program requires at a minimum that you:

• Collect current AoCs from your third party service providers
• Understand the details of the AoC and how they impact you.

Waiting for your annual assessment to discover errors and omissions in these documents may result in delays, changes to your PCI DSS scope, and/or additional assessment activities. In turn this can lead to additional costs, and even non-compliance. This article will help you better understand AoCs and how they support your compliance journey.

PCI DSS can be hard and not preparing for it just makes things harder. Following this advice is guaranteed to make it both more exciting and painful.