PCI DSS

The PCI Security Standards Council (PCI SSC), a global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection developed "Payment Card Industry Data Security Standard" (PCI DSS) to secure the card payment-processing happening across the global financial system.

Organisation that store, process or transmit cardholder data (CHD) and/or sensitive authentication data (SAD) of member branded card data need to comply with PCI DSS regardless of whether small organization or big, merchants, processors, acquirers, issuers or service providers.

The purpose of PCI DSS is to protect cardholders’ financial information by setting a minimum-security standard that all merchants must meet or exceed.  PCI DSS includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures.

As a Payment Card Industry Qualified Security Assessor (PCI QSA) Company, In addition to the PCI DSS Certification QRC aims to provide additional pioneering, hassle-free and cost-effective services for the PCI Compliance listed below.

1. PCI DSS Consultancy and Certification

Let QRC become your PCI DSS compliance partner, by assisting and assessing you at each step right from defining the scope until the release of certificates.

2. Quarterly Health Check

By conducting the PCI Quarterly Health Checks, QRC will provide the insights on:

  • Status of implemented PCI Controls, their compliance with the PCI standard and organization policy procedure requirements
  • Gaps/risks pertaining to existing PCI Scope.
  • PCI Compliance Posture of your Organisation

3. PCI DSS Gap Assessment

  • Gap Assessment is great way to understand whether business and PCI compliance requirements are being met.
  • While doing a gap assessment, our experts will have a closer look at your organization business processes, various controls implemented, existing and potential business requirements and compare it with the requirements of PCI DSS standard.

4. Vulnerability Assessment and Penetration Testing

“There are only two types of companies: those that have been hacked, and those that will be.” ~ Robert Mueller, FBI Director, 2012.

In the era of emerging security threats and technological advancements, it is essential to

  • Identify the security weaknesses within business critical environments
  • Prioritize them based on the impact they might have on your business
  • Plan necessary actions for closure before the threat is materialized
  • Making these scans and testing as part of your regular security assessment schedule also gives a competitive edge in the area of security.

5. Data Discovery Scans

With the help of QRC Data Discovery Tool, extract insights and patterns of sensitive data stored in business critical systems such as credit card information.

This will not only help secure such sensitive data but will also save your organisation from any possible data breach complications.

6. Firewall and Router Rule Set Reviews

This is not just a compliance requirement from various standards but also gives confidence to your business that its network is secure in today’s several emerging network security threats.
QRC will help you improve your ability to locate weaknesses in your network security posture and tell where your policies need to be changed by doing a "Change Process Audit" and "Rule Base Audit"

7. Awareness Trainings& Implementation Workshops

Through the research and recent observations, employers have learned that one of the biggest reason of failure to comply is the lack of awareness amongst their employees about the compliance requirements.

Let QRC conduct the trainings and make your employees understand and get a hands-on implementation experience through our awareness trainings and implementation workshops.

9. PCI DSS Annual Maintenance

Get all the above-mentioned services and their benefits in one go with our “PCI DSS Annual Maintenance Service” and ensure a successful, fully compliant PCI DSS Recertification Assessment.

10. Integrate PCI DSS with ISO/IEC 27001

If you are already ISO/IEC 27001 Compliant and planning for PCI DSS Compliance, or even planning for both these standard compliances in one go, QRC provides an efficient, cost effective wayto integrate these two so that your organisation meets requirements of both.

Combining PCI DSS with ISO/IEC 27001 will add an additional security layer and strengthen your organisation security posture.

  1. Well documented execution plan along with milestones.
  2. PCI DSS Scope Review and Finalisation
  3. Gap Assessment and Recommendation
  4. Remediation Support
  5. Onsite Assessment and Control Verification
  6. Evidence Collection and Review
  7. Certification Release

Reduce the risk of security breaches:  

Secure the network and infrastructure from external and internal threats.
Companies who are PCI compliant significantly reduce their risk of a breach, and therefore, their exposure to penalties and reduce the reputation loss.

Increase in Business:

It is merchant’s responsibility to demonstrate to their customers that they provide secure channel for transactions. The padlock and a trusted logo demonstrate that the website of the business entity applicable encryption that the site claims to be.
The enhanced customer satisfaction will ultimately result in increased business.

Proactive Control:

Enable proactive security incident management through integration with control and monitoring automation.

Protecting Image and Reputation:

Complying with the requirements of standard helps an entity to reduce reputation loss because if the data has been compromised it has negative affect on merchant’s reputation.

Verify compliance with the requirements of PCI standard and organizational security policies and procedures

Ensure protection against emerging security threats

Include changes if any, in the applicable regulatory standards and

Address internal information technology changes that may compromise cardholder data

Testimonial

“Thanking QRC team for all their help and support. Their knowledge, expertise and guidance is second to none. We would not hesitate to recommend their services to others. A very professional service.”
- Sirak Mussie, CEO, FloCash Limited.

Statistics

In 2015, companies failing their interim assessment had an average of 12.4% of controls not in place (6.8% across all companies). In 2016, this increased to 13.0% (5.8%).

Source:  Verizon 2017 – Payment Security Report