Software security breaches add up in recent headlines: $13 million in losses. 45.6 million credit cards stolen. Recovery costs at $256 million dollars and mounting. Companies driven into bankruptcy or out of business.
These all-too-familiar grim statistics of identity theft and data loss illustrate the depth and breadth of issues relating to the processing and storage of payment data. As a result, the Payment Card Industry Security Standards Council (PCI SSC)'s PCI Data Security Standard (PCI DSS) reflects this growing awareness of the threat to privacy and data integrity by specifically establishing requirements for cardholder data security management, including software security and other critical protective measures. This comprehensive standard is intended to help organizations proactively protect customer account data.
