Essay --

Describe the role and functions of the PCI security standards council â€Å"The PCI Security Standards Council is an organization created by the major credit card companies in an effort to better protect credit card holder data.† (Rouse, 2012) The council was formed in response to the increase in data security breaches that not only affected customers but also credit card companies cost. With PCI Security Standards Council being a open global forum, The five founding credit card companies – American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc. – are responsible for carrying out the organization’s work. Functions of the council include coming up with a framework of specifications, measurements, and support resources to help organizations ensure the safe handling of cardholder information at every step. This is done by managing the Payment Card Industry Security Standard (PCI DSS) and the Payment Application Data Security Standard. Identify/describe key requirements for data security standards The key requirements for the Data Security ...