The Payment Card Industry, which includes organizations that store, process, and transmit cardholder data, has rapidly expanded over the past years, and this trend is expected to continue.
On the other hand, the Payment Card Industry has seen an increasing amount of online frauds in the recent past with fraudsters leveraging multiple techniques, including creation of dubious websites to defraud customers. In an effort to control online fraud, the five major credit card companies (American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa) united to support a new independent body, known as the Payment Card Industry Security Standards Council (PCI SSC), to strengthen security controls among their members.
Find out more by downloading the Payment Card Solution document.
