PCI DSS Certification in Philippines
PCI DSS Certification in Philippines
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PCI DSS Certification in Philippines
PCI DSS Certification in Philippines
In 2004, Visa, MasterCard, Discover Financial Services, JCB International, and American Express established a set of security guidelines known as the Payment Card Industry Data Security Standard (PCI DSS). The compliance program, which is overseen by the Payment Card Industry Security Standards Council (PCI SSC), attempts to protect credit and debit card transactions from fraud and data theft.
Any company that handles credit or debit card transactions must comply, even if the PCI SSC has the legal power to enforce compliance. Additionally, PCI certification is thought to be the greatest method for protecting sensitive data and information, which helps companies establish enduring and reliable relationships with their clients.
Certification for PCI DSS
Through a series of requirements set by the PCI SSC, PCI certification consultant in philippines guarantees the security of card data at your company. These consist of several widely recognized best practices, including:
- Setting up firewalls
- Data transport encryption
- Using antivirus software
Businesses also need to keep an eye on network resource access and limit access to cardholder data.
PCI-compliant security is a useful tool that lets clients know that doing business with you is secure. On the other hand, any business should be persuaded to take data security seriously by the financial and reputational costs of noncompliance.
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An organization is likely to suffer serious consequences if a data breach exposes private client information. Payment card issuer fees, legal action, decreased sales, and a badly tarnished brand are all possible outcomes of a breach.
Following a breach, a company can be required to stop taking credit card payments or incur additional fees that are greater than the original cost of maintaining security. Making the investment in PCI security protocols helps to guarantee that other facets of your business are protected from malevolent online actors.
Levels of PCI DSS Compliance
The four tiers of PCI compliance in the Philippines are determined by how many credit or debit card transactions a company handles each year. In the philippines ,
What an organization must do to stay in compliance depends on the classification level.
Level 1: This pertains to businesses that handle over six million actual credit or debit card transactions every year. They have to go through an internal audit once a year, which is carried out by a certified PCI auditor. They also have to submit to a PCI scan performed by an Approved Scanning Vendor (ASV) once every three months.
Level 2: This pertains to businesses that handle one to six million actual credit or debit card transactions every year. Once a year, they must finish an evaluation using the Self-Assessment Questionnaire (SAQ). A quarterly PCI scan might also be necessary.
Level 3: Applied to businesses that do 20,000–1,000,000 e-commerce transactions a year. Every year, they have to finish an evaluation with the appropriate SAQ. You could also need a PCI scan every three months.
Level 4: Applied to businesses that handle up to one million in-person transactions or less than 20,000 e-commerce transactions yearly. A quarterly PCI scan might be necessary, along with an annual evaluation utilizing the pertinent SAQ.
PCI DSS specifications
Twelve guidelines have been established by the PCI SSC for managing cardholder data and upholding network security. Each of the six overarching objectives is required for an organization to achieve compliance.
Network security
It is necessary to install and maintain a firewall configuration.
System passwords must be unique and not provided by the vendor.
Protect cardholder information
Cardholder data must be safeguarded.
Cardholder data transmissions via public networks need to be encrypted.
Management of vulnerabilities
Antivirus software needs to be used and updated frequently.
It is necessary to create and maintain secure systems and applications.
Control of access
Access to cardholder data must be limited to those who are required by business.
Each user who has access to a computer must be given a unique ID.
Cardholder data must not be physically accessible.
Network testing and monitoring
Network resources and cardholder data access need to be tracked and managed.
Regular testing of security procedures and systems is necessary.
Security of information
A policy dealing with information security must be maintained
What Advantages Does Philippine PCI Certification Offer?
Obtaining PCI DSS Certification in the Philippines will greatly help your company by protecting consumer data and improving the security of credit card transactions. From retail and e-commerce to financial services and customer interactions, this accreditation affects every facet of the company.
Improved Security of Payments
Enhanced Customer Trust and Adherence to Global Guidelines
Decreased Chance of Data Breach
Enhanced Credibility
Methodical Data Security Approach
Improved Risk Control
Constant Enhancement of Security Procedures
How to get PCI DSS Certification in the Philippines ?
If you’re looking to get PCI DSS Certification in the Philippines then You can keep in touch with us at [email protected] or visit our official website at we top PCI DSS Consultants in Philippines, Karnataka, India. give your contact details with us, so that one of our Certification expert will get in touch with you at the earliest to understand your requirements better and provide best available service at market.
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