Introducing PCI DSS

With so many people using credit, debit, and prepaid gift cards to pay for goods and services, the economic ramifications of digital payment fraud, data loss, and other side effects of continued reliance on these methods of payment have led the companies that issue these cards to band together to create what is now known as the PCI Security Standards Council. Since its inception in 2006 the PCI Security Standards Council has been overseeing the establishment and coordination of the PCI DSS, or Payment Card Industry Digital Security Standard. Let’s take a look at how PCI compliance works.