Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
PCI SSC
PCI SSC is the acronym for Payment Card Industry Security Standards Council. The council was created by the collective efforts of American Express, JCB International, Master Card, Visa Inc, and Discover Financial Services on Sep 7th, 2006.
The primary purpose of PCI SSC was to manage the Payment Card Industry Data Security Standard (PCI DSS) as it was evolving lightning fast and cybercrime was taking new angles.
Additional reading
Cybersecurity Readiness Assessment: The First Move Toward Proactive Defense
The 2024 CISCO cyber readiness index revealed that only 3% of organizations worldwide have the security maturity and readiness to be resilient against emerging risks. However, strangely, 80% of organizations feel moderately to highly confident in their readiness capabilities. The report highlights how organizations today are ‘underprepared’ and ‘overconfident’ regarding cyber readiness. But honestly, tell…
Third-Party Risk Management Framework: Steps to Select
Over 80% of legal and compliance leaders stated that they discover third-party risks after the initial onboarding and due diligence. This indicates that traditional risk management methods fail to identify new and changing risks. As businesses grow, including third-party vendors in their operations is not uncommon. While this expands their horizons, it also widens their…
What are Cloud Vulnerabilities – How to Manage Effectively ?
A recent report states that 4 out of 5 security vulnerabilities in organizations across all sectors originated from the cloud. The swift transition to complex cloud environments has given rise to a spectrum of cloud security issues. According to Google Cloud Forecast 2025 paints a stark picture of the evolving threat landscape. The sheer number…
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