HomesecurityPayment security remains inadequate

Payment security remains inadequate

Payment security is weakening as 27,9% of global organizations have fully complied with the Payment Card Industry Data Security Standard (PCI DSS), according to Verizon.

payment security
Payment security remains inadequate

The Verizon report "Business 2020 Payment Security" emphasizes that the compliance with PCI DSS has been reduced since 2016. Full PCI DSS compliance meets 12 requirements. These requirements are as follows:

  • Protect your system with firewalls
  • Configure passwords and settings
  • Protect stored cardholder data
  • Data encryption
  • Use and update it regularly anti-virus software
  • Regularly update and patch systems
  • Restrict access to cardholder data to other businesses
  • Assign a unique ID to each person who has access to the computer
  • Restrict physical access to workplace and cardholder data
  • Logging and logging management application
  • Perform vulnerability scans and penetration tests
  • Documentation and risk assessments

According to Verizon, the Companies struggle to retain trained "chief information security officers" and have no long-term plan for safety.

Among the key elements of the report:

  • 51,9% successfully test security systems and procedures as well as access to the system without monitoring.
  • Two thirds of all operational locate and monitor access in business-critical systems.
  • 70,6% of financial institutions maintain basic security controls.


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Teo Ehc
Teo Ehc
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