PCI Compliance in Cloud Companies
Cloud security does not have to be a complicated topic. This service includes the protection of critical information against theft, data leakage, and deletion. It is important to have a provider that offers a wide variety of services that meets various requirements and that provides benefits, such as knowing where the data is stored, who can access it, continuous monitoring, among others, so the company can feel more secure and can focus more in business.
In this article, we are going to focus on PCI Compliance in Cloud companies, but first, let’s clarify what PCI Compliance is. When we work with even more important data such as bank cards, the demands are even stronger and it is essential that our project be “PCI-compliance” (Payment Card Industry Compliance). For businesses that want to be able to process payment card information, the Payment Card Industry Data Security (PCI DSS) standard is the pattern to follow. It is the only security standard accepted by all major credit card companies and helps establish a solid foundation of security for payment card transactions, it was created by American Express, Discover Financial Services, JCB International, Master Card Worldwide, and VISA Inc.
When we refer to PCI Compliance in Cloud companies, we are talking about the standard that companies that sell products over the internet or that require monetary exchanges in their applications, such as banks and e-commerce, among others, should mainly use. Innovation in the cloud enables a wide range of companies to access a secure and cost-effective means to protect sensitive card payment data.
However, there are many questions regarding which PCI DSS requirements are the responsibility of the Client and which are the responsibility of the Provider. One of the guarantees for cloud security to be effective is the combination of provider and customer security efforts, in order to satisfy both needs, from the most basic to the most demanding, such as PCI-DSS, HIPAA, FINRA, and other legal and industry requirements.
Cloud computing is a growing industry that provides companies around the world with convenient access to business-class infrastructure and resources.
Therefore, banks, utilities, and contact centers in particular face the increasing challenge of enabling online card payments, while ensuring that customer data is secure.
Also, when it comes to using cloud services, there are some specific steps you will need to take to comply with PCI DSS. First, you’ll need to audit where the card’s data is stored and transmitted. Regardless of your policy, users may enter card numbers into cloud services as part of their normal workflow, and they will need to enforce data loss prevention policies for data transmitted to the cloud. Also, since only 2.9% of services apply strong passwords, you will likely need a single sign-on solution to require strong passwords for the cloud applications your employees use. Key rotation is when you remove an encryption key and replace it with a new encryption key. This helps you meet industry standards and follow crypto best practices.
At Teracloud, we offer the cloud security service and we help companies design security architectures, detect and fix vulnerabilities, establish vulnerability detection processes, and much more so that they are PCI Compliance.
In this way, security is crucial to the design and operation of scalable systems in production, as it plays an important role in service quality, performance, and availability.
Contact us at firstname.lastname@example.org for a free assessment so you can optimize and secure your cloud services.