Compliance Standards (e.g. PCI DSS)

Compliance standards like PCI DSS (Payment Card Industry Data Security Standard) are a set of rules and best practices designed to protect sensitive information, such as credit card details, from theft and misuse. Organizations that handle payment data must follow these standards to ensure security, prevent fraud, and maintain customer trust. These guidelines cover things like strong data encryption, secure network practices, and regular security testing. By adhering to compliance standards, companies demonstrate they are proactively safeguarding financial information, reducing the risk of data breaches and associated legal or financial penalties.