Category: PCIDSS

Cloud-based solutions are gaining ground, driven by their key features: speed, efficiency, and cost savings. A staggering 94% of companies adopted cloud services in 2023, and the cloud migration industry is expected to reach $628.83 billion by 2028. Cardholder data is stored in on-premises database systems and cloud platforms. However, technological advancements pose security risks. […]

Written By: Shorya Kansal The e-commerce business thrives on the ease and convenience of online transactions, and credit cards are the foundation of this digital economy. However, the reliance on credit card data needs strong security measures to safeguard sensitive client information. The Payment Card Industry Data Security Standard (PCI DSS) is an essential framework […]

Written By: Naga Chinmai and Arnav Shah Maintaining PCI compliance in the payment card industry demonstrates our dedication to ensuring a secure environment. According to recent research, data breaches have increased by 15% since 2020. Organizations must, therefore, comply with PCI DSS in both physical and digital environments. However, establishing PCI compliance is an exhaustive and costly procedure. So, how does […]

Written By: Hari Koguru & Neelabh Ghosh With emerging tech comes new risks; therefore, assessing and mitigating these risks is critical for developing a secure future. In 2023, the average data breach cost had increased substantially to $4.45 million. These alarming figures emphasized the need for the payment card industry (PCI) to enhance security measures. As a result, […]

Written By Kiran Murthy & Manisha Robbi II  “Compliance is the armor that shields data from harm.” In today’s digital landscape, the significance of this quote cannot be overstated. According to Statista, the global online payment fraud to e-commerce losses amounted to a staggering $41 billion in 2022. These alarming statistics are a stark reminder […]

Written By Angad Bindra II  “Compliance is no longer just about ticking boxes, but about embracing security as a mindset.” (Kevin Mitnick) It’s not enough to simply meet the requirements; organizations must adopt a proactive and vigilant approach to ensure their systems’ security and build their customers’ trust. Recent statistics show that only 27.9% of […]