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The organization responsible for administering the Payment Card Industry Data Security Standard (PCI DSS) has launched a new program to help enterprises conduct self-assessments of their compliance with the standard.
A Gartner Inc. analyst is urging companies that do business with Heartland Payment Systems Inc. and RBS WorldPay Inc. not to switch to other payment processors just because of Visa Inc.'s decision this month to remove Heartland and RBS WorldPay from its list of service providers that are compliant with the PCI data security rules.
Acknowledging the need for controls that go beyond those offered by the Payment Card Industry (PCI) Data Security Standard, a senior Visa executive Thursday described two new initiatives to reduce payment card fraud being tested by the company.
Visa's top risk management executive Thursday dismissed what she described as "recent rumblings" about the possible demise of the PCI data security rules as "premature" and "dangerous" to long-term efforts to ensure that credit and debit card data is secure.
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