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PCI Security Standards Council Provides Insights Into Evolution of the PCI Data Security Standard at Annual Community Meeting

Multi-Day Virtual Event Also Featured Guidance from the Council and Payment Security Experts on Challenges Faced in 2020

WAKEFIELD, Mass., 9 October 2020 — More than 1,800 stakeholders attended the North America Community Meeting, which provides a forum for leaders in the payment security industry to share knowledge, collaborate and promote understanding and adoption of PCI Security Standards and Programs. The multi-day virtual event, moderated by BBC America Anchor Katty Kay, featured insights into the development of the PCI Data Security Standard (PCI DSS) v4.0, addressed payment security challenges stemming from the COVID-19 pandemic, and the growing importance of software security. Experts included keynote speakers Dr. Jessica Barker and F.C., co-founders of Cygenta, who spoke about the increasing cyber threats during the COVID-19 pandemic.

“2020 has been a year of global challenges that have impacted every stakeholder in the payment security landscape. The Council listened to the industry and has provided guidance and adapted programs to help the industry address those challenges,” says Executive Director Lance J. Johnson. “While many of the challenges we experienced have been new and different, the Council’s mission remains the same - to support the needs of the global payments industry and enhance global payment account data security.”

The event featured a four-part series dedicated to sharing insights about how industry feedback has helped shape the current draft PCI DSS v4.0. The flagship payment data security standard is currently open for stakeholders to provide feedback during a request for comments period. Emma Sutcliffe, SVP, Standards Officer notes: “Stakeholder feedback plays an integral role to ensure that the PCI DSS continues to meet the needs of the global payment card industry. The standard is being updated to address this feedback and to support a range of environments and technologies. The draft also includes a new customized approach that will provide organizations more flexibility for meeting the security objectives of PCI DSS requirements.” For more information read PCI Perspectives Blog: Request for Comments: PCI DSS Version 4.0 Draft Standard

Other key topics discussed at the meeting included:

Visit the PCI SSC website for more information on all of the PCI Council’s efforts and activities including how your organization can attend the next PCI SSC Community Meeting and join the global cross-industry effort to increase payment security.

Save the date for the next two virtual PCI SSC Community Meetings:

About the PCI Security Standards Council
The PCI Security Standards Council (PCI SSC) leads a global, cross-industry effort to increase payment security by providing industry-driven, flexible and effective data security standards and programs that help businesses detect, mitigate and prevent cyberattacks and breaches. Connect with the PCI SSC on LinkedIn. Join the conversation on Twitter @PCISSC. Subscribe to the PCI Perspectives Blog.

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