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Key insights about PCI DSS

Powering the Future with TÜV SÜD: Episode #2

Thinking Ahead with TUV SUD Cybersecurity Podcast Series

Listen on: Apple Podcasts | Google Podcasts | Spotify

ABOUT THIS EPISODE

In this podcast, Amit Kadam, a subject matter expert on Commercial Transaction Security and Data Protection at TÜV SÜD in India and a Qualified Security Assessor (QSA), provides the summary and perspective on PCI DSS — specifically addressing its importance, applicability and benefits, consequences on non-compliance and implementation. 


PODCAST OVERVIEW

  • 01min 15 sec – What is PCI DSS Compliance?
  • 02min 17sec – Companies who need to comply with PCI DSS
  • 02min 48sec – PCI DSS Requirements to be met by organisations
  • 03min 55sec – Risks of non-compliance to PCI DSS
  • 05min 11sec – Benefits of the PCI DSS certification
  • 07min 06sec – Steps to achieve PCI DSS compliance

Key QUOTES by our expert

1. “PCI DSS applies to a wide range of different business entities, ranging from small home-based businesses, brick and mortar retailers, e-commerce merchants, financial institutions, banks, payment gateway companies, IT / ITES, Point of Sale vendors to Data centers, etc.”

2. “Broadly, there are 4 levels set by PCI council i.e. L1, L2, L3 and L4 merchant. There are SAQ (Self-assessment questionaries) that they must complete depending on the business model and card holder data the organisation store, process and transmit.”

3. “When a data breach or cyber-attack takes place, compliance with PCI DSS guidelines will provide you a shield against the heavy legal penalty. It shows that you have taken adequate measures to protect your customers’ data”


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