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About PCI Digital Security Standard Programs (PCI DSS)
In 2001, VISA
announced its Cardholder Information Security Program (CISP), and expected all
retailers, beginning with Tier 1 retailers (based on credit transaction volume),
to be compliant by 2005.
In 2004, the CISP
requirements were incorporated into an industry standard known as Payment Card
Industry (PCI) Digital Security Standard resulting from a collaboration between
Visa and MasterCard to create common industry security requirements. Visa USA
maintains CISP as the managing program for data security compliance endorsing
the PCI Digital Security Standard.
According to VISA
USA, as of December, 2006, only 36% of the 231 largest merchants have complied
with the Payment Card Industry Digital Security Standard (PCI DSS). Another 62%
having submitted initial assessment reports, and are working toward compliance
If you have
questions about PCI Digital Security Standard programs, please contact
Dave Hogan, NRF's SVP and CIO, and/or
Mallory Duncan, SVP and General Counsel.
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