From the course: Safeguarding Customer Credit Card Data: PCI Compliance
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Credit cards: Complexity and risks
From the course: Safeguarding Customer Credit Card Data: PCI Compliance
Credit cards: Complexity and risks
- We've all seen the breaking news section where data breaches from huge organizations have been splashed across the media. When a person has the credit card in their possession, they're responsible for that physical card, but what happens when the card number is given to someone else? Credit card payments. We probably all know what these are, whether we need them for our businesses to collect money or as a consumer to buy something we need. Using a credit card seems so simple. It takes a second or two and most people don't think twice about what's happening to make it work, even the merchant. But the process is actually quite complex, and, as everyone has seen over the past few years, having all those credit card numbers floating around in the world can result in some very negative results, like data breaches and fraudulent transactions. I'm going to explain the differences between the entities involved in the process and…
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