PCI DSS 4.0 Upgrade
Early in 2022-23, the Payment Card Industry Data Security Standards (PCI DSS) V3.2.1 will be upgraded to PCI DSS 4.0. This is according to preliminary RFC draughts from the PCI Security Standards Council.

The new standards introduce new security measures needed to deal with ever-changing threats and risks to payment information. Organizations have a variety of options when it comes to complying with PCI DSS standards.

Changes for Cloud Providers
PCI DSS 4.0 will “further [support] the use of different technologies, such as cloud,” according to the PCI DSS Security Standards Council, by introducing more flexibility into the requirements’ wording and adding intent statements. An appendix to 4.0 is expected to help cloud service providers better understand their roles and responsibilities. PCI compliance will be easier to maintain across the board as the payment card industry continues to face increasing cybercrime risks.

Impact on Card Transactions
PCI DSS 4.0’s monitoring, authentication, encryption, testing, and access requirements can be modified or improved. Organizations can implement new controls under the revised standards even if the 12 core PCI DSS requirements remain unchanged. Proper documentation and testing of this flexibility is essential. Budgeting will also be impacted by PCI DSS 4.0.

Security for Your Money
Extreme Compute adheres to all PCI DSS data security standards, including PCI DSS 4.0, to protect digital cardholder data. Annual PCI DSS audits are required to maintain our status as a VISA-approved vendor. A single mouse click can create an encrypted cloud backup with disaster recovery. Using cloud or local servers to run your applications puts your customers’ private information at risk.

Non-compliance penalties and the loss of customer trust are both consequences of non-compliance. It is essential to be diligent and proactive. With cloud services compliant with PCI data security standards, storing credit card numbers safely in the cloud is possible if proper security measures are applied.

Also, know more about the use of PCI Compliant Storage. Whether you have your own servers or manage them yourself, we can help with IT requirements using PCI Backup and Recovery Software. Extreme Compute provides compliant hybrid cloud solutions critical to industries requiring strict compliance.