PCI Security Standards Council Releases Security Risk Assessment Guidelines

The Payment Card Industry Security Standards Council Nov. 16 issued risk assessment guidelines to help organizations that handle payment card data identify security threats to such data.

The council is an international industry standards organization that manages, among other standards, the Payment Card Industry Data Security Standard (PCI DSS), the council explained in a Nov. 16 statement. The self-regulatory PCI DSS, which was established jointly by Visa, MasterCard Inc., and American Express Inc., requires firms handling card transactions to maintain certain data security measures or face fines and/or the cut off of their ability to process cards.

The guidelines—which the ...