Identity Theft News

Data security standards toughen up

Friday, October 3, 2008

New data security standards have been proposed for the payment card industry in light of recent data breaches, it has been revealed.

Under the proposals, a two-tier approach to network security would be adopted by practitioners within the sector, reports Redmond magazine.

This would include tightening access to data using internal controls and information lock-downs.

Meanwhile, the second phase would be to enhance network security against external threats such as hackers.

Redmond notes that the proposals come as the Payment Card Industry Council issues the latest version of its data security standard for the sector.

The organization explains that the standard was developed through collaboration between the payment processing firms which initially founded the council.

Requirements of the data security standard are separated into different categories, such as the need to protect cardholder data.

Network security is covered by a number of the requirements, including the need to regularly monitor and test the performance of storage environments.ADNFCR-1765-ID-18810333-ADNFCR

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