12 New Security Standards For Credit Card Processing

12 New Security Standards For Credit Card ProcessingAs of June 2008 organizations who processes credit card must comply these 12 new credit card security standards. These 12 new security requirements are standards are made to prevent fraud, hacking, and various other security vulnerabilities and threats, or risk losing this ability and being audited or fined.Any company or government agency that processes, stores, or transmits payment card data must comply with the Payment Card Industry Data Security Standard, a set of requirements to enhance data security. Some of the PCI standards are common sense, such as building and maintaining a secure network through common practices and not using vendor-supplied defaults for system passwords.The following 12 security guidelines will be mandatory for any organization that processes credit cards.

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