With every passing day, our world is emerging with new digital platforms. Most of our work has shifted to these platforms because of the advantages they provide. It has helped almost every sector. Businesses have got a lot of opportunities to excel in their work because of these platforms. Now, most of the businesses are doing online sales as well as online transactions are being done. This has reduced many problems whether it is customer experience or any other.
While dealing with these online platforms proper precautions should be taken. Many fraudsters are sitting and waiting to cheat us. Online fraud and theft have become common these days. As we share a lot of private data on such platforms that even includes debit and credit card details. Hence companies must follow few protocols for processing online payments. One such technical standard is pci dss. Let us discuss it in detail.
The major goal of this standard is to keep our debit card and credit card information safe. PCI DSS stands for Payment Card Industry Data Security Standard. It protects our card information from being stolen by any third party or person. Every company should follow these standards, not only for safe payment but also to avoid getting fined for it. As those who don’t follow these standards are fined for not doing so. We all want to have security, no one wants their data to be stolen and misused by someone else. Hence we need to understand how PCI DSS works. It consists of three major steps. Let us discuss them one by one in detail.
- Assess: This can be considered the first step in the process. In this step, all the details regarding the cardholder are collected. Apart from it, a business process is also identified that is responsible for the transaction of the respective card. All this is done just to detect if there is any kind of vulnerability in it or not.
- Remediate: If any type of problem or vulnerability is found in the first step. Then they are fixed in this step. Card details are not stored until all the problems that are being found are fixed. Once everything is fixed, then only the data is stored. It is done for smooth functioning.
- Reporting: Once all the necessary protocols are followed and all the problems are fixed. The final reports regarding the card are sent to the bank whose card it is. Reports are an effective way of reflecting the entity’s compliance status.
In the above article, we have tried to discuss all the crucial information regarding the PCI DSS standards. Companies and businesses should never ignore these standards and should follow them. Not only is safe transactions provided to the companies but this also gives assurance to the customers. Appsealing is one such company that provides security for our mobile app. They are a renowned company for providing such security measures against any kind of threat. It protects our mobile app data from being stolen. Everyone should use them to protect their data.