A key management system is a critical component in achieving PCI DSS compliance for a banking institution. It involves implementing a crypto system that manages the secure creation, exchange, distribution, storage and use of cryptographic keys for the ultimate goal of protecting users’ or clients’ sensitive data.

Payment Card Industry Data Security Standard (PCI DSS) is an information security standard to prevent credit card fraud and protect against numerous additional security threats & vulnerabilities.

Payment Card Industry Data Security Standard (PCI DSS) is an information security standard to protect against credit card fraud and numerous additional security threats & vulnerabilities. Credit/Debit card providers, such as MasterCard and Visa etc., implement the mechanisms and security controls specified and suggested in PCI DSS.

This article highlights the NIST key lifecycle recommendations in relation to PCI DSS compliance.

The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard to prevent credit card scams and numerous additional security threats & vulnerabilities.

EMV chips on payment cards contain cryptographic co-processors and dual interfaces that allow for contact and contactless payment options. When issuing an EMV card, the customer’s information is extracted from the bank or financial institution’s database.

Migrating from magnetic stripes to EMV based smart cards is a challenging endeavour for banks and their IT teams. Even for small banks, necessary card data preparation rapidly overshoots the level of millions of data entries. In the frame of the migration process, banks need new systems and new processes, interweaving additional external entities.

This article discusses how the security protection of payment card data used in a transaction can be maximized by integrating PCI DSS with EMV technology.

This article discusses how various factors and related controls can affect the effectiveness and strength of the security protection for a cryptographic system.

It gives particular consideration to the requirements of the Payment Card Industry (PCI)