From the course: Securing the IoT: Privacy
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Securing card data with PCI DSS
From the course: Securing the IoT: Privacy
Securing card data with PCI DSS
- [Instructor] Payment Card Industry Data Security Standard, or PCIDSS, is a set of widely accepted requirements to secure credit card transactions. In this segment, we'll learn how PCIDSS applies when using IoT devices. PCIDSS is not a law or government regulation. It was developed by the credit card industry to help organizations that deal with credit cards to reduce the risk of possible exposure and fraud. However, if you do deal with any credit card transactions, you must be in compliance. Otherwise, a company will face hefty fines and may lose the ability to process credit card payments. PCIDSS requirements include best practices for management policy, network security, along with handling transactions and cardholder data. PCIDSS also has strict requirements for data storage including encryption of stored data and limited retention periods. To begin processing credit cards, the first step is to identify what type of…
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