PCI DSS is a cyber security standard supported by the leading payment processing companies. Its goal is to protect cardholder information.
In March 2022 the PCI Security Standards Council (PCI SSC) released PCI DSS v4.0, a significant update to the standard that supersedes the existing version - v3.2.1. For most organisations this means there are 53 new requirements to comply with. If your organisation is a service provider then there are an additional 11 requirements to comply with, bringing the total to 64. Aside from the new additions, there have also been many other alterations and clarifications to other sub-requirements.
Thankfully, for most of the new requirements there is a grace period to implement the necessary changes. 13 requirements are effective immediately for any new v4.0 assessments, however the remaining 51 will simply be best practices until March 31st, 2025, after which they will become fully effective. This should give ample time for businesses to understand and implement the changes to comply with the new version.
To help you make sense of it all, here’s five key changes that PCI DSS v4.0 introduces and what impact they could have on your organisation.
For more information on PCI DSS read our blog post here - defense.com/blog/pci-dss-4
Find the full PCI-DSS v4.0 document here - docs-prv.pcisecuritystandards.org/PCI%20DSS/Standard/PCI-DSS-v3-2-1-to-v4-0-Summary-of-Changes-r2.pdf
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