What does PCI DSS stand for?

The term PCI DSS stands for Payment Card Industry Data Security Standard. This set of security standards is designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. The focus of PCI DSS is on protecting cardholder data from theft and fraud, thereby maintaining the integrity of the payment card ecosystem.

The term encompasses key aspects of data security relevant to the payment card industry. It involves a series of requirements aimed at securing sensitive information and includes guidelines around areas such as network security, access control measures, and monitoring of network activity. Organizations that comply with PCI DSS demonstrate their commitment to data security and build trust with customers by protecting their financial information.