Last few decades have witnessed a technological revolution, that is resultant on wide spread usage of the internet, web technologies and their applications. Each company’s intention is to add /tighten the level of protection to the clients/users when they store, process and transmit the data of the card.
Organizations that transmit the credit card information face significant security risks. The Payment Card Industry Data Security Standard (PCI DSS) was created to help these organizations secure their operating environments against hacking, credit card fraud and other security/penetration vulnerabilities.
When deploying payment applications in a live environment, security of the essential functionalities and infrastructure will be a pre-requisite. The cost impact of a security breach can be substantial and the time required to recover from a breach is significant.
Any company that fails to address the privacy and information security of the user will lose the goodwill. PCI DSS Compliance provides comprehensive suit for users’ credit card data.