PCI DSS

In an effort to protect confidential payment account data, the Payment Card Industry Data Security Standard (PCI DSS) was created to provide thorough requirements to mitigate payment security risks, in order to maintain customer confidence, prevent financial loss, and safeguard brand reputation. Any organization that processes, stores, or transmits cardholder data is required to comply with the comprehensive data security measures outlined in PCI DSS.

Neohapsis’ extensive PCI DSS expertise helps organizations protect critical information assets and maintain PCI DSS compliance, as part of a full Information Risk Management (IRM) strategy. Neohapsis is one of the few Visa Qualified Incident Response Assessors (QIRA) required by Visa, MasterCard, American Express, and other payment card brands, allowed to provide forensic investigation services following an incident.

Since PCI DSS is just one of the many regulations that organizations must address, Neohapsis recommends that businesses adopt a comprehensive, unified governance, risk, and compliance (GRC) strategy to meet all of their regulatory requirements as well as enforce good business practices across the organization.

The NeoGRC PCI DSS Framework
NeoGRC provides organizations with a single platform to integrate PCI DSS compliance initiatives with a wide range of other regulatory and control frameworks. The NeoGRC PCI DSS framework accelerates the time to compliance through its mapped control and policy libraries, and provides a greater ROI through the risk-based prioritization of control activity and streamlining of business processes. By integrating all GRC activities into a single solution, organizations can dramatically reduce the costs associated with initial and ongoing PCI DSS compliance.

The NeoGRC PCI DSS framework provides:

  • Predefined PCI DSS controls library and risk framework mapped to v1.2 controls
  • Simple creation, updating, and monitoring of information security policies for employees and contractors
  • Easy-to-use survey capabilities for PCI Self Assessment Questionnaires
  • A Business Process Management (BPM) engine for streamlining all PCI DSS processes, including regular QSA Audits
  • User-specific dashboards and email notifications
  • Automatic notifications of policy and regulation changes and implementation of corrective actions
  • Flexible workflows that push content to subject matter experts, improving turnaround time for reviews and approval.