Glossary
PCI SSC (Security Standards Council)
The Payment Card Industry Security Standards Council (PCI SSC) is a global forum established to enhance payment account data security by developing and promoting the adoption of the PCI Data Security Standards (PCI DSS) among other standards. This council plays a pivotal role in influencing the security protocols and operational standards across the payments industry.
Founded by major payment card networks such as Visa, MasterCard, American Express, Discover, and JCB, the PCI SSC serves as the governing body that is responsible for the ongoing development, management, enhancement, and promotion of the PCI security standards. The council's aim is to ensure broad adoption of these standards, which are designed to protect payment systems from breaches and theft of cardholder data.
Key functions of the PCI SSC include:
The work of the PCI SSC is critical in setting and maintaining security standards that not only protect cardholder data but also preserve the integrity and trustworthiness of the entire payment ecosystem. By adhering to the guidelines and standards set forth by the PCI SSC, organizations can significantly mitigate the risks associated with payment data fraud and theft.