Just a Third of Global Firms Are PCI DSS Compliant

guest · Nov 12, 2019

Just a Third of Global Firms Are PCI DSS Compliant
Payment Card Industry Data Security Standard (PCI DSS)
November 12, 2019
https://www.infosecurity-magazine.com/news/just-a-third-of-global-firms-are/

The number of global organizations fully compliant with PCI DSS regulations has fallen for the second year in a row to just under 37%, according to a new report from Verizon.

The firm’s annual Payment Security Report (PSR) has tracked compliance levels for several years. This year’s was compiled from 302 PCI DSS engagements by Verizon Qualified Security Assessors (QSAs) with a range of organizations, including Fortune 500 and large multinationals firms, in over 60 countries.
The global compliance figure fell from 53% in last year’s report — a significant drop. APAC organizations appeared to be the best prepared, with 70% fully compliant. The figure fell to 48% in Europe and a disappointing 20% in the Americas.

Featuring data from Verizon’s Threat Research Advisory Center (VTRAC), the report claimed that a compliance program without proper controls has a 95% chance of not being sustainable and is therefore a major target for attack.
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guest · Oct 6, 2020

PCI DSS Compliance Slumps 28% Since 2016
October 6, 2020
https://www.infosecurity-magazine.com/news/pci-dss-compliance-slumps-28-since/

Compliance with the Payment Card Industry Data Security Standard (PCI DSS) has declined for the third year in a row, with organizations failing in their long-term planning, according to Verizon.

The tech giant compiled its Verizon Business 2020 Payment Security Report based as usual on data gathered by its own PCI DSS qualified security assessors (QSAs) and those of other providers.
It revealed that on average only 27.9% of global organizations maintained full compliance with the PCI DSS, a drop of over 27% since compliance peaked in 2016.

Verizon Business president of global enterprise, Sampath Sowmyanarayan, argued that many firms still lack resources and commitment from the top to drive long-term compliance strategies.
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