Five Things To Know About PCI DSS 4.0 Authentication Requirements
Hypr, Saturday, August 19,2023
The Payment Card Industry Security Standards Council recently updated their Data Security Standard (PCI DSS) for protecting payment card data. The latest version, PCI DSS 4.0, introduces more than 60 new or updated requirements, with new directives around passwords and multi-factor authentication (MFA) among the most consequential.
What is PCI DSS 4.0?
First introduced in 2004, the PCI DSS guidelines apply to any organization that stores, processes or transmits cardholder data. To demonstrate PCI DSS compliance, organizations undergo assessment on all systems that interact with the cardholder environment.
In March 2022, the Council announced PCI DSS version 4.0, providing guidelines that aim to better secure account holder and payment card data within today's evolving cyberthreat landscape. The current reigning version, PCI DSS 3.2.1, will be officially deprecated in March 2024, and organizations will be required to implement the PCI DSS 4.0 guidelines in a phased manner over twelve months.