PCI-DSS compliance is improving but still lagging behind peaks


    The new PCI DSS 4.0 standard means businesses need to up their game by 2024.

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    Although compliance with the PCI data security standard improved significantly in 2020, it is still well below the 2016 highs, according to the 10th Verizon Payment Security Report 2022.

    Data security compliance has improved, but a new standard will keep businesses moving forward

    “After three years of declining full compliance (2017-2019), organizations focused their attention on improving security management and governance, resulting in significant improvements in six of the 12 key requirements [of the PCI DSS standard]”, says the report.

    In response to the ever-escalating cyber threats in the payments industry, the PCI Security Standards Council has launched the most ambitious revision of PCI DSS since 2004, the report said. PCI DSS Version 4.0 was released earlier this year and will be effective in…

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