PCI compliance: The missed risks for financial institutions
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Financial institutions and specialty finance companies typically have not given much thought to PCI compliance. Enforcement of the standards has been lax because you usually own the data related to the cards issued.
However, as a link in the payment chain, PCI DSS compliance is necessary to govern the security and handling of data for your card. These guidelines also apply to any other payment cards used in your ATMs, branches, lockbox services or merchant services.
Join us on June 25 as we provide insights on the notable requirements and clarifications that have been introduced in PCI DSS 3.0 and 3.1.
- Identifying how PCI compliance affects your business processes, breach concerns and information security initiatives
- New requirements, as well as updated audit and evidence requirements that could drastically affect your compliance efforts
- Guidance on how to provide the highest level of security for confidential data while still implementing efficient credit card handling processes
- Performing an assessment of PCI compliance to determine whether your data protection satisfies the DSS