One Article Review
| Source |  CSO |
|---|---|
| Identifiant | 7923243 |
| Date de publication | 2022-11-10 02:00:00 (vue: 2022-11-10 11:06:03) |
| Titre | PCI DSS 4.0 is coming: how to prepare for the looming changes to credit card payment rules |
| Texte | For enterprises that handle credit card data, which means just about every consumer-facing company, payment processing is a mission-critical system that requires the highest levels of security.The volume of transactions conducted with general purpose credit cards (American Express, Discover, Mastercard, Visa, UnionPay in China, and JCB in Japan) totaled $581 billion in 2021, up 24.5% year-over-year, according to the Nilson Report.However, credit card issuers, merchants, banks, and third-party transaction processors lost $28.58 billion to credit card fraud in 2020, which comes to nearly 7 cents per $100 in purchase volume. And the Nilson Report projects credit card losses will exceed $400 billion over the next 10 years.To read this article in full, please click here |
| Envoyé | Oui |
| Condensat | $100 $28 $400 $581 2020 2021 about according american article banks billion card cards cents changes china click comes coming: company conducted consumer credit critical data discover dss enterprises every exceed express facing fraud full general handle here highest how however issuers japan jcb just levels looming losses lost mastercard means merchants mission nearly next nilson over party payment pci per please prepare processing processors projects purchase purpose read report requires rules security system third totaled transaction transactions unionpay visa volume which will year years |
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