Increasingly, companies are raising questions about PCI-DSS and its applicability to their businesses. This Legal Alert summarizes the basic aspects of PCI-DSS and its application.
What is PCI DSS? The Payment Card Industry Data Security Standard—or PCI DSS—sets out the minimum data protection measures required of all entities involved in payment card processing. The Payment Card Industry Security Standards Council (the PCI Security Standards Council) maintains the PCI DSS as part of its mission to improve payment account data security by encouraging the adoption of consistent data security ... more