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Access "PCI becoming overly complex and expensive"

Published: 22 Oct 2012

The original intent of the Payment Card Industry Data Security Standard (PCI DSS)--which grew from the early Visa Cardholder Information Security Program (CISP) initiative in 2001--was admirable. The objective: create an open security standard that was achievable by all merchants for the protection of cardholder data. Unfortunately, the program has lost its way in many respects. Today, PCI DSS is complex and costly, especially for smaller businesses. Many of these costs and complexities are unnecessary and avoidable. For instance, the PCI Security Standards Council, formed last year, charges security vendors between $10,000 and $30,000 annually to be listed as a qualified security assessor and between $5,000 and $10,000 annually to be listed as an approved scanning vendor. Charging companies fees to provide CISP/PCI audit and scanning services was not part of the original plan for the standard, nor was the council. This has the potential to warp the program in several ways. First, several reputable and respected industry certifications for information ... Access >>>

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