Security

MphasiS/EDS Application Remediation Platform: The Fastest, Safest and Most Cost-Effective Means to PCI DSS Compliance

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Executive Summary

The PCI DSS standards require companies to adhere to 12 requirements in managing their systems that either store, process or transmit card data. These set specific security standards that are obligatory in order to carry on business as usual and companies found to abandon these can find themselves incurring enormous PCI and government fines in the case of any consumer compromised by their data being hacked. Recently, a leading US wholesaler publicly disclosed in a regulatory filing that they had experienced an unauthorized intrusion into the electronic credit/debit card processing system. As many as 45 million credit/debit card account numbers and over 455,000 records containing customer names and driver's license numbers had been stolen from the company's IT system.

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