The Payment Card Industry: Innovation, Security Challenges, and Explosive Growth Written by Nabil Hannan | October 13, 2020
The Payment Card Industry: Innovation, Security Challenges, and Explosive Growth written by Nabil Hannan | October 13, 2020 In a recent episode of Agent of Influence, I talked with John Markh of the PCI Council. John has over 15 years of experience in information security, encompassing compliance, threat and risk management, security assessments, digital forensics, application security, and emerging technologies such as AI, machine learning, IoT, and blockchain. John currently works for the PCI Council and his role includes developing and evolving standards for the emerging mobile payments technologies, along with technical contributions and effort surrounding penetration testing, secure application, secure application lifecycle, and emerging technologies such as mobile payment technologies, cloud, and IoT. I wanted to share some of his insights in a blog post, but you can also listen to our interview here, on Spotify, Apple Music, or wherever you listen to podcasts. About the PCI (Payment Card Industry) Council The PCI Council was established in 2009 by several payment brands to create a single framework that would be acceptable to all those payment brands to secure payment or account data of the merchants and service providers in that ecosystem. Since then, the PCI Council has created many additional standards that not only cover the operational environment, but also device security standards such as the PCI PTS standard and security standards that cover hardware security modules and point to point encryption solutions. The Council is in the process of developing security standards for various emerging payment technologies. The mission of the council is to allow secure payment processing by all stakeholders.
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