PCI 4.0: What Merchants Need to Know

As the Payment Card Industry–Data Security Requirements (PCI-DSS) marks its 20th anniversary, the areas of accountability are expanding beyond card payment data to encompass a holistic view of merchants’ data security ecosystems across all commerce channels. Although the scope of PCI-DSS is not increasing, per se, as it relates to the security requirements for payment data, merchants must attest to having compliant security processing places across the enterprise. For the first time, merchants can construct their compliance checklists that address the risks in their businesses rather than using a template provided by the PCI standards.

Key questions discussed in this report: 

• What is likely to be the impact of PCI 4.0 for merchants? 
• How should merchants prepare for PCI 4.0? 
• What is changing with PCI 4.0 that is more significant than previous changes?

Companies Mentioned: 

American Express, Discover, JCB, Mastercard, PCI Security Standards Council, LLC, Verizon Business, Visa