I. Components of PCI standards
PCI Data Security Standard (PCI DSS)
(PCI DSS) is the base standard for merchants and card processors. It addresses security technology controls and processes for protecting cardholder data. Attaining compliance with PCI DSS can be tough, and can drastically impact your organization’s business processes, service, and technology architecture (Microsoft, 2009). PCI DSS version 1.2 is the most recent version of the standard, and takes the place of all previous versions of PCI DSS. The DSS standard is structured into the group of six principles and 12 requirements.
Payment Application Data Security Standard (PA DSS)
(PA DSS) is the baseline for the software developers who commercially develop software for processing payment cards.
PIN Entry Device Security Requirements (PED)
(PED) is the standard for manufacturers of payment card devices used at the point of sale. It is mandatory by PCI DSS for software developers, merchants and card processors that they should use only approved devices compliant with PED (SearchFinancialSecurity, 2010).
II. Significance and Benefits of PCI
Following the PCI compliance guide lines and procedures can help business for maintaining their credibility. PCI compliance boosts the confidence through a high level of security standards. PCI compliance provides a health check for any business that stores or transmit customer information. Merchants who are PCI compliant are offered protection from the fines if you should happen to be breached (Eliason, 2008).
General Requirements for Payment Card Industry Data Security Standards
There are total six PCI data security standards and each one of them has its own implementation requirements (Practical eCommerce Staff, 2007...
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...d information from forwarding, copying, modifying, faxing and printing. It also prevents sensitive information from being copied with the windows print screen feature. Microsoft Security Assessment Tool is a free application that helps the organizations to access weaknesses in a working IT infrastructure. It exposes a prioritized list of issues and provides guidance to minimize those risks. Microsoft Baseline Security Analyzer is an easy-to-use tool that identifies common security related risks in a number of Microsoft products including operating systems, explorer and office suite. It provides the details on missing security update patches. Keeping your systems up-to-date is a very important way to secure your IT infrastructure. Operation Manager 2007 can securely and effectively extract and collect the logs from operating systems running windows operating system.
The compliance plan should include a code of conduct. By establishing a code of conduct, the organization establishes a commitment to ethical and accurate coding practices that will follow all regulatory guidelines set forth.
This part of Ceridian is the number one supplier of electronic cash card and related services to the over-the-road trucking industry. Comdata's proprietary credit and debit card is a multi-service card, which allows payment for a range of personal and company related expenditures through a single card. Comdata serves over one million truckers in the United States with its proprietary card for over-the-road truck carriers and with a co-branded Comdata MasterCard® for local fleets. This is the credit card of choice for large local fleet operators including Pepsico, SYSCO and Frito Lay. Comdata is also a leading provider of retail gift, cash and stored value chip cards. In 2003 Comdata shipped more than 250 million cash cards to retailers, grocery and restaurant chains, and entertainment companies. Retailers including The Gap, Lowe's, Applebee's, Safeway, J.C. Penney and Kroger take advantage of Comdata's stored value card services.
...d practice standards, conduct training and education, and respond appropriately to correct errors. Even though there are numerous problems in the coding and billing process, if the appropriate steps are followed and carefully reviewed then most of the coding and billing errors can be avoided (Valerius, Bayes, Newby, & Seggern, 2008).
...tivities and processes." Similarly, the submitters' code of conduct being prepared by the banks on the CDOR panel in consultation with IIROC and the Bank of Canada has yet to be published, but it is known that the code "will specify minimum standards for submission methodology, internal oversight and records retention" relating to CDOR submissions.
One of the demands in healthcare today is to have the ability to allow healthcare organizations to exchange patient health related information with other healthcare organizations. This was made possible by the creation of the electronic health record (EHR), electronic medical record (EMR) and personal health record (PHR). The EHR, PHR and the EMR allowed for patient’s paper medical charts into transformed into electronic charts. This allowed for a better way to organize the information that was contained the paper medical chart. The health organization began to realize they could use these electronic charts for a better way to care and share patient health related information. However, as the transmission of data continued, the need for standards developed to insure the interoperability of these healthcare systems. Two of the standards that were created in order to help with the electronic transmission of medical data are the Continuity of Care Record (CCR) and the Continuity of Care Document (CCD).
Security helps the organization meet its business objectives or mission by protecting its physical and financial resources, reputation, legal position, employees, and other tangible and intangible assets through the selection and application of appropriate safeguards. Businesses should establish roles and responsibilities of all personnel and staff members. However, a Chief Information Officer should be appointed to direct an organization’s day to day management of information assets. Supporting roles are performed by the service providers and include systems operations, whose personnel design and operate the computer systems. Each team member must be held accountable in ensuring all of the rules and policies are being followed, as well as, understanding their roles, responsibilities and functions. Organizations information processing systems are vulnerable to many threats that can inflict various types of damage that can result in significant losses (Harris, 2014). Losses can come from actions from trusted employees that defraud the system, outside hackers, or from careless data entry. The major threat to information protection is error and omissions that data entry personnel, users, system operators and programmers make. To better protect business information resources, organizations should conduct a risk analysis to see what
List and briefly describe the elements of the 7 Component Framework Industry Standards for Auditing and Monitoring
Decision Support Systems (DSS) help with time management. All groups of DSS enhance reduced time circle involved in the decision making process. At Amazon.com, DSS enhance the productivity of employees and facilitate timely acquisition of information that is necessary for the decision making process.
As the internet is becoming faster and faster, an operating system (OS) is needed to manage the data in computers. An Operating system can be considered to be a set of programed codes that are created to control hardware such as computers. In 1985 Windows was established as an operating system and a year earlier Mac OS was established, and they have dominated the market of the computer programs since that time. Although, many companies have provided other operating systems, most users still prefer Mac as the most secured system and windows as it provides more multiple functions. This essay will demonstrate the differences between windows
The purpose of the CMP is to solidify their organizational culture of integrity, ensuring that every person acts honestly and ethically in conducting everyday activities and making decisions. The CMP has three areas of focus: “The Compliance Management System, prevention of unlawful activities, and response to changes in regulations” (People 30). Throughout all departments are compliance teams that specialize in protecting the reputation of the company as well as individuals in the company through a process of “prevention, monitoring, and post-management” (People 30). Figure 1, below, is a graphic from the 2015 Samsung Electronics Sustainability Report, which illustrates how compliance management is incorporated throughout the organization (People
Today, many people rely on computers to do homework, work, and create or store useful information. Therefore, it is important for the information on the computer to be stored and kept properly. It is also extremely important for people on computers to protect their computer from data loss, misuse, and abuse. For example, it is crucial for businesses to keep information they have secure so that hackers can't access the information. Home users also need to take means to make sure that their credit card numbers are secure when they are participating in online transactions.
The digital era arrives. Blue Book information editorial board and Social Science Literature Publishing House (2010) pointed out that “China's e-commerce transaction volume reached 3.85 trillion yuan in 2009”. Utilisation of e-business services was also high amongst Hong Kong people. About 98.3% of all persons had used e-business services such as Octopus Card and Automatic Teller Machine (Census and Statistics Department, 2009). One of the pitfalls for the development of e-business, however, is the concerns on consumer privacy. According to Green’s (1999) survey, 54% of respondents had decided not to purchase a product because of a concern on overuse of personal information collected in the e-business transaction. This essay examines the circumstance on protection of consumer privacy in e-business. As e-business is surging by astronomical number and consumer information is a kind of property, the protection of consumer privacy in e-business becomes significant. This essay begins with the causes of the problem, and then move on to analyse the effects. Lastly, the essay concludes with the solutions to the problem.
To increase the use of digital wallet, it is required to educate consumers about the benefits of a digital wallet in simplifying and streamlining their purchasing experience.
A decision support system (DSS) is a computer-based application that collects, organizes and analyses business data to facilitate quality business decision-making for management, operations and planning. A well-designed DSS aids decision makers in compiling a variety of data from many sources: raw data, documents, personal knowledge from employees, management, executives and business models. DSS analysis helps companies to identify and solve problems, and make decisions. A Decision Support System (DSS) is an interactive, flexible, and adaptable computer based information system that utilizes decision rules, models, and
As established by PCI DSS, our company needs to include different aspects to securely handle and store credit cards information. From the perspective of the Information Security Analyst we must to consider the following points: