The PCI Security Standards offers comprehensive standards and supporting resources to elevate payment card data security. It is a popular proprietary IS security standard. It has been designed for various companies that deal with branded credit cards in major card schemes such as Visa, American Express, MasterCard, Discover and JCB.
Achieving and keeping up with PCI compliance requirements is challenging and time-consuming for the organizations. The standard was set forth to enhance security controls around cardholder data. The intention behind this is to reduce credit card forgery due to confidential data exposure.
PCI Data Security Standard (PCI DSS) provides an actionable framework for developing a solid payment card data security processes. It includes prevention as well as detection and appropriate reaction against any security incidents.