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31 August 2017
No
organisation was fully compliant with the Payment Card Industry Data Security
Standard (PCI DSS) at the time of data breach, a report said on Thursday.
According to the 2017 Payment Security Report
(2017 PSR) by Verizon Security Professional Services, all organisations it
investigated showed lower compliance in 10 out of the 12 PCI DSS key
requirements. The Total Investment
& Insurance Solutions
The overall PCI DSS compliance has, however,
increased among global businesses, with 55.4 per cent of organisations Verizon
assessed passing their interim assessment in 2016, compared with 48.4 per cent
in 2015. The Total Investment &
Insurance Solutions
"While
it is good to see PCI compliance increasing, the fact remains that over 40 per
cent of the global organisations we assessed -- large and small -- are still
not meeting the standards," said Rodolphe Simonetti, Global Managing
Director, Security Consulting, Verizon, in a statement.
The
findings of the report demonstrated a link between organisations being
compliant with the standard and their ability to defend themselves against
cyber attacks.
Globally, IT services industry achieved the
highest (61.3 per cent) full compliance of all key industry groups during the
interim validation. The Total
Investment & Insurance Solutions
It
was followed by financial services organisations (59.1 per cent), retail (50
per cent) and hospitality (42.9 per cent).The
Total Investment & Insurance Solutions
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