Full course description
The Payment Card Industry Security Standards Council (PCI SSC) was launched on September 7, 2006 to manage the ongoing evolution of the Payment Card Industry (PCI) security standards with focus on improving payment account security throughout the transaction process. Clemson University has always adhered to the highest standards when it comes to protecting sensitive data. Payment card data is highly sensitive and therefore must meet these compliance standards.
The major credit card companies (VISA, MasterCard, Discover, and American Express) came together and published a uniform set of data security standards that ALL merchants (i.e. CU Departments) must comply with in connection with the acceptance of payment cards. These new standards are called Payment Card Industry Data Security Standards or PCI DSS. These standards have placed additional responsibilities on CU departments in connection with acceptance of payment cards.
Complying with PCI DSS is not an option. Clemson University must comply in order to be approved for financial transactions and continue to accept payment cards.
Noncompliance with these standards puts Clemson University at risk for:
- Large monetary fines assessed to your department and/or Clemson University
- Loss of merchant status for department
- Loss of merchant status for Clemson University
- Loss of faith in Clemson University name
For large organizations like Clemson University PCI compliance presents unique issues. With both online and offline card processing growing, a focus on PCI compliance is necessary. Clemson University is vigilant toward this focus.
Compliance is a challenge, but it is one that Clemson University is meeting and will continue to meet. This course is designed familiarize you with the steps you must take as a Clemson employee to insure card processing safety.