01Mar, 2016

PCI DSS/ Security Compliance

The benefits of credit card scanning services – the essential tool within any credit card security project 

It almost seems like every day there is another headline about a business or well-known industry being the target of a credit card cyber-attack or malware. Just last week local reports surfaced of financial institutions who had been the victim of a sophisticated Android app ruse… Luckily, though, credit card scanning services are available which can assist in the pro-active identification and location of unprotected customer financial data. This enables companies to be proactive, to secure data effectively and reduced their financial exposure.

The Payment Card Industry Data Security Standard (PCI DSS) was developed to encourage and enhance cardholder data security and facilitate the broad adoption of consistent data security measures globally. PCI DSS provides a baseline of technical and operational requirements designed to protect cardholder data, in so doing it also helps to protect your customers, your brand and by virtue of which your cash flow. The PCI DSS is a product of the Payment Card Industry Security Standards Council, an organisation founded by brands including Visa International, MasterCard, American Express and Diners Club.

PCI DSS applies to any business or service provider involved in payment card processing. Card Holder Data discovery tools are becoming essential in the identification of non-secure sensitive data locations (ie. unsecured credit card or Personally Identifiable Information (PII) data).

With credit card data security and customer data protection in general, just like any other protective initiative, it is important to know that you can’t secure something unless you first understand it, such as knowing the scale of the problem, the number of exposed cards and the locations of unprotected card data.

As we’ve stated in our earlier blogs, PCI DSS compliance is quite a complex path and having specialists in your corner, who understand the intricacies of what’s required at the start or development of your business, can make the implementation and ongoing operation of data security easier and much less costly for you.

The PCI DSS 3.1 (latest standard) requires organisations to first understand what credit card data is being stored, remove any data that isn’t needed and then ensure the remaining data is safe.

So what are the main benefits?

  • Helps you find unprotected credit card data before the criminals do
  • Provides complete visibility and clarity for security projects
  • Facilitates a prioritised approach to card data security
  • Assists with financial risk calculation & budget allocation
  • Scanning is an essential first step in any PCI DSS compliance project
  • Holds departments and people accountable thereby facilitating compliance maintenance
  • The scanning platform can remediate from within the service
  • Advanced services can search across diverse systems, mailboxes and servers
  • Scanning routines can also find sensitive PII data as well as unprotected card data
  • Delivers invaluable card tracking and management reporting
  • Reduces the costs, risks and lead times associated with achieving security compliance
  • Significantly reduces misallocation of focus, resources and financial resources

When you start the journey of cardholder data discovery you need to also analyse the contents of data bases, workstations and servers including memory storage on retail POS systems to verify no credit card details are stored without security. No easy feat! Aren’t you glad to be able to have knowledgeable people in your corner who can provide access to the right tools?




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