PCI DSS
Payment Card Industry Data Security Standard
Summary
Security standard for organizations handling credit card information.
Applies to
Organizations processing credit card transactions.
Example
An online retailer processing credit card payments.
Benefits
Increased security of credit card transactions.
Non-Compliance Risk
High risk of financial penalties, legal action.
Fines
Fines up to $100,000 per month of non-compliance.
Effective date
December 15, 2004
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