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One new standard that is changing the way many organizations operate is the Payment Card Industry (PCI) Data Security Standard. When customers use their bankcard at the point of sale, over the Internet, on the phone, or through the mail, they want assurance that their account information is secure. To that end, Visa developed the Cardholder Information Security Program (CISP), a mandated security program for large Internet merchants. All major bankcards - Visa, MasterCard, Discover, and American Express - agreed to adopt a single, unified security program as the standard for data security. The new standard, called the Payment Card Industry Data Security Standard or PCI, is intended to protect cardholder data - wherever it resides or is transmitted.

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Format:PDFSize:185 KB
Date:Oct 2006
Pages:4

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