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NET-SOLUTION

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    • Home
    • About us
    • Services
      • RCSA
      • PCI-DSS
      • IT Audit/Control/Risk
      • Network
      • Compliance
      • TPRM
      • IT Resource Sourcing
      • Agile/scrum
      • Cybersecurity
    • Contact Us
  • Home
  • About us
  • Services
  • Contact Us

Payment Card Industry - Data Security Standard (PCI-DSS) Compliance

We also have a very strong audit and compliance practice in PCI-DSS. The following will give you some highlights of PCI-DSS. 

 About PCI DSS
PCI DSS was created by the Payment Card Industry Security Standards Council. The council comprises of MasterCard, Visa Inc., American Express, Discover Financial Services and JCB International.

  • Increased credit card fraud led to the establishment of mandatory Data Security Standard to prevent theft of personal card holder’s information.
  • The standard applies to merchants or service providers that transmit processes and or stores credit card information.

Our PCI Service delivery

Readiness audit to ensure the following:

  • Scope are identified
  • Review of network topology for appropriate segmentation
  • Conduct PCI DSS requirement audit to test and identify areas of non-compliance
  • Collaborate with process owners to ensure adequate remediation
  • Collaborate with QSA to ensure needed compliance evidence was provided to validate compliance
  • Etc.

The above covers the 12 elements of PCI DSS requirements


Consequences of non PCI compliance

  • Forensic investigation
  • Revocation of credit card business privileges
  • Steep monetary fines (up to $500K) levied by the card associations plus damages on acquirer that may be transferred to merchants/service providers
  • Lawsuits
  • Damage to reputation
  • Bad publicity


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