• In 2020, Verizon compiled data from PCI DSS security assessors from Verizon and four outside sources to analyze the state of compliance and data security in advance of the release of the latest version of the PCI DSS specification – 4.0 – earlier this year.
• The results are encouraging with 43.4% maintaining full compliance as assessed during an interim audit in 2020 versus 27.9% in 2019.
While the need to meet regulatory requirements associated with data privacy is often cited as an investment driver in security technology, too often organizations struggle to maintain protections during the interim periods between Payment Card Industry Data Security Standard (PCI DSS) audits. The lack of consistent enforcement leaves organizations that handle sensitive financial information vulnerable to breaches. Continue reading “Verizon’s 2022 Payment Security Report Shed Light on Progress and Challenges in Data Protection”