June 13
Credit Card Security Standards
Speaker: Mohamed Sabry
Abstract:
Electronic payments are currently the most common type of payments and they involve the processing and storing of sensitive financial data. There are many standards and certifications available for organizations working in the electronic payments field to govern the security and integrity of handling such data. These standards and certifications are established in order to guide organizations towards secure and integrated financial data processing.
One of the recent security standards that has been introduce to the Canadian mailing industry in the last two years is the PCI DSS. The PCI DSS is a multifaceted security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. This comprehensive standard is intended to help organizations proactively protect customer account data.
We will discuss the PCI DSS along with different areas where cryptography is applied in the financial transaction life cycle.