A Payment Card Industry Data Security Standard (PCI DSS) audit can be passed by complying with the bare minimum requirements, but that falls short of the purpose of it: to secure and protect cardholder data.
Meeting compliance is about passing an audit at a specific point in time and also maintaining it after the audit. The real challenge is sustaining continuous compliance to avoid costly breaches at the hands of motivated and skilled adversaries.
Indeed, as detailed in Verizon's "2017 Payment Security Report," nearly half (45%) of the companies examined between 2015 and 2016 were not fully PCI DSS compliant.
Published By: AlienVault
Published Date: Mar 30, 2016
Given that Point of Sale (POS) systems are used to transmit debit and credit card information in retail transactions, it's no wonder they are a desirable target for attackers. In this white paper, you'll learn about some of the common types of POS malware, how they work and best practices for protecting cardholder data.
Topics covered in this white paper include:
• Common types of POS malware and how they work
• How attackers exfiltrate data from POS systems once they gain access
• POS security techniques to protect payment card data
Download your copy today to learn how to effectively detect and respond to POS malware threats.
Solutions including one-time-password (OTP) generator tokens, do not offer the same level of protection as the ArcotID against attacks such as the man-in-the-middle attack. The ArcotID secure software credential provides protection against common Internet threats and several futuristic attacks that are becoming popular among fraudsters.
Issuers need to balance eCommerce payment transaction security and a smooth customer checkout experience. The crux of the matter is how to provide a seamless checkout experience for legitimate customers so they won’t abandon their transaction or use a different form of payment while at the same time stopping illegitimate attempts to transact. The use of behavior-based authentication to determine which transactions should be impacted by requiring the customer to go through additional means of authentication is critical for reducing customer friction while creating better assurance that the transaction is legitimate. Rules are an important component when providing this risk- and behavior-based authentication. When models are added, and used to guide the application of risk-based rules, the impact upon illegitimate authentication attempts can be greatly increased while the impact on legitimate customers is decreased, providing a better experience for the cardholder and loss reduction for
It’s not exactly breaking news that cardholder security is front and center of the payments ecosystem “to do” list. And, with that, the search for a solution that keeps cardholder data secure without compromising the consumer experience at checkout. Nowhere is this more important than online, where the incidences of fraud are increasing, and it becomes harder to authenticate the user.
The explosive growth of eCommerce has focused attention on security concerns associated with online payment transactions. Cardholders worry about the safety of online transactions while card issuers are concerned about balancing the risks and costs of payment fraud with a loss of revenue caused by transaction abandonment. The 3-D Secure protocol allows payment card issuers to reduce fraud in payment transactions by verifying cardholder identity during Card Not Present (CNP) transactions. Before a transaction is authorized, a cardholder can be challenged to enter a password, answer a question, or use some other form of authentication credential. This interruption in the transaction often causes legitimate customers to abandon the purchase resulting in loss of revenue for the issuer. The challenge is how to reduce fraud without impacting the user purchase experience.
Merchants and service providers that process credit card payments must comply with the Payment Card Industry Data Security Standard (PCI DSS), now at Version 3.0. Whether the transaction occurs in a store or online, and regardless of the environment, from physical Point of Sale devices, to virtualized servers, or web servers in a public cloud, PCI DSS 3.0 mandates that these organizations are responsible for the security of their customers’ cardholder data. Read this white paper to learn more about the Payment Card Industry Data Security Standard 3.0.
Engagement with customers online has evolved from novelty to necessity, with an estimated $202 billion spent in 2011 and projected 10% growth to $327 billion in 2016, according to Forrester Research. Businesses are maneuvering to connect with the growing pool of online customers, but the move to eCommerce brings new security risks with the exchange of sensitive consumer information, including cardholder data and personally identifiable information that can enable identity theft. At stake is reputation of brand, ongoing access to merchant credit lines, and substantial penalties and remediation in the event of a breach.
This white paper elucidates the aspects of PCI DSS (Payment Card Industry Data Security Standards) compliance that must be considered when choosing a secure environment for servers involved in eCommerce. Whether deciding to outsource or keep data hosting in-house, any company collecting, storing or transmitting customer cardholder data needs to be compliant, and this document helps pinpoint the specific concerns and standards a company should be aware of when choosing how to keep their data secure. Understanding requirements and best practices for security policies and procedures, physical safeguards, and security technologies is essential to establishing cardholder data security and meeting QSA and SAQ audit requirements.
High-profile data losses are grabbing more and more headlines every week, threatening the reputation, customer base, and overall bottom line of organization whose systems have been exploited. In addition to this lurking threat, now organizations face potential fines for PCI non-compliance from VISA, beginning in September 2007. Ecora Software will provide you with the information you need to proactively address PCI compliance and, of equal importance, minimize your risk of a costly data breach.
This white paper identifies the problems encountered in addressing network security risks through vulnerability management. It describes how automated vulnerability management contributes to compliance with industry standards such as the Payment Card Industry Data Security Standard (PCI DSS) and assists you in proactively identifying security weaknesses before these are exploited.
This white paper highlights why organizations need to implement event log auditing as an integral part of their security policy to meet industry standards such as the Payment Card Industry Data Security Standard (PCI DSS).
The data residing on your storage systems and media, data-at-rest, presents serious security concerns. Regulations and various mandates around the world are putting the burden on companies and government entities to protect the private information they store. Increasingly, companies are being required to publicly disclose breaches that put individuals private data at risk, be it a customer, employee, shareholder, partner, or other stakeholder.
The world has embraced payment cards to support commercial transactions for almost every kind of business. Unfortunately, the data associated with these payment cards is the focus of many identity theft activities. This white paper outlines Payment Card Industry (PCI) requirements, as well as the benefits of compliance and the penalties for noncompliance.
This paper explores the use of tokenization as a best practice in improving the security of credit card transactions, while at the same time minimizing the headaches and angst associated with PCI DSS compliance.
In today's economy, companies are trying to assess if they can afford to become PCI compliant. What many of those same companies forget to consider whether they can afford not to be compliant. Since 2007, merchants who were found to be non-compliant with PCI DSS faced fines of $5,000 to $25,000 per month from Visa. It may seem expensive for merchants to install and maintain new security measures to become PCI compliant and validated, but these costs are only a fraction of what it would cost a company to be found in non-compliance or suffer a data breach. Learn more about PCI DSS compliance and how NeoSpire Managed Hosting can help.
As incidents of identity theft and fraud skyrocket, companies are scrambling to keep up with complex attacks and effectively safeguard consumer information. If you store, process, or transmit cardholder data, comprehensive visibility, actionable intelligence and the ability to respond rapidly to threats has become paramount.
The Payment Card Industry Data Security Standard (PCI DSS) establishes standard requirements protecting cardholder information. It applies to all entities that store, process, or transmit cardholder data, such as retail merchants, payment processors, and banks.
Updated for PCI DSS Version 2.0 where internal scanning is now required!
With the recent updates to PCI DSS, get all the facts and learn how to comply with our updated version of the book.
The book is a guide to understanding how to protect cardholder data and comply with the requirements of PCI DSS. It arms you with the facts, in plain English, and shows you how to achieve PCI Compliance. Discover:
. What the Payment Card Industry Data Security Standard (PCI DSS) is all about
. The 12 Requirements of the PCI Standard
. How to comply with PCI
. 10 Best-Practices for PCI Compliance
. How QualysGuard PCI simplifies PCI compliance
The Payment Card Industry (PCI) Data Security Standard (DSS) was created to confront the rising threat to credit cardholder personal information. This compliance guide will provide readers with an overview of the requirements as well as suggested steps in achieving PCI compliance.
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