The PCI Security Standards Council’s latest update, PCI DSS 4.0, is set to go into effect on April 1, 2024, bringing significant changes to how organizations in the payments industry manage security. This comprehensive overhaul addresses the rapid advancements in technology and the growing sophistication of security threats, with the goal of strengthening the industry’s defenses.
In this video, we break down the key updates and requirements of PCI DSS 4.0, including enhanced authentication protocols, new phishing prevention mandates, and stricter e-commerce security measures. We also discuss the broader scope of the standard, which now covers mobile, IoT, and cloud environments, making it more critical than ever for financial services organizations to stay compliant.
With global payment card fraud losses exceeding $33 billion in 2022, these changes are designed to protect your organization, your customers, and your reputation. But how do you navigate these complex new requirements?
We explore the advantages of utilizing virtualization and automation in your ATM and payment testing operations to improve speed, accuracy, and security. These tools will be essential in maintaining compliance with PCI DSS 4.0 while reducing the effort required to adapt to evolving standards.
Ready to ensure your organization is prepared for PCI DSS 4.0? Learn more about how Paragon’s Web FASTest and VirtualATM solutions can help you stay compliant and secure. Contact us today to schedule a consultation.
🔒 Strengthen your defenses with PCI DSS 4.0.
#PCIDSS #Cybersecurity #PaymentSecurity #ATMTesting #Virtualization #Compliance #FraudPrevention
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