article thumbnail

PCI compliance: The best defense is a great defense

CIO

Not surprisingly, Payment Card Industry Data Security Standard (PCI DSS) compliance is crucially important. Compliance with PCI DSS v4.0 PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Updating the PCI DSS is likewise critical. expires, the updated PCI DSS version 4.0

article thumbnail

Optimizing PCI compliance in financial institutions

CIO

The Payment Card Industry Data Security Standard (PCI DSS) is a crucial framework to which financial institutions must adhere. However, managing PCI security compliance across various lines of business within these institutions can be a complex and resource-intensive task.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Industry clouds give CIOs on-ramp to gen AI

CIO

And that’s all thanks to Beltzer’s decision to give RBC private equity advisors a vertical industry cloud that offered financial services out-of-the-box that are both customizable and extensible. Beltzer had consider Microsoft Dynamics, among other full-suite CRMs, before settling on Salesforce’s industry-focused offering.

Industry 338
article thumbnail

PCI compliance: Is your qualified security assessor up to the task?

CIO

In a volatile payments landscape, enterprises are preparing for the Payment Card Industry Data Security Standard (PCI DSS) version 3.2.1 QSAs should bring strong domain expertise to their work and be knowledgeable of the unique security threats faced in specific industries, such as e-commerce, retail and healthcare. Security

article thumbnail

IDC Analyst Report: The Open Source Blind Spot Putting Businesses at Risk

This IDC report addresses several key topics: Risks involved with using open-source software (OSS) How to manage these risks, including OSS license compliance Business benefits to the organization beyond risk mitigation Software supply chain best practices Key trends in industry and government regulation

article thumbnail

The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

article thumbnail

Top 5 industry trends in strategic portfolio planning for 2024

CIO

Over the years, I’ve had the opportunity to work with contacts in many leading enterprises, including businesses across a wide range of industries and regions. Navigate a Move from PMOs to SROs (Strategy Realization Offices) In the past, many product management offices (PMOs) tended to emphasize compliance over coordination and communication.

Trends 330