PCI is an acronym for Payment Card Industry. PCI Compliance is simply meeting the standards of the Payment Card Industry. Visit our sticky page PCI Compliance links. The terminology you probably really need to know is PCI DSS Compliance.
PCI DSS is a set of comprehensive requirements for enhancing payment account data security created to help facilitate the broad adoption of consistent data security measures on a global basis. The PCI DSS is a multifaceted security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. This comprehensive standard is intended to help organizations proactively protect customer account data.
You can get current information about PCI DSS on the PCI Security Standards Council web site.
If every business met all these standards, the problem with data security losses would be minimized and we wouldn’t see the headlines we do today.