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What's New in PCI DSS 4.0?
Read NowSolving PCI Compliance
It's Easier to Focus on Growth When You Have PCI Compliance Covered
Whether you need to maintain and expand payments infrastructure without expanding your PCI footprint, are scaling your payments technology stack across businesses, or setting up a new business that requires PCI certification, VGS can help.
Achieve updated requirements such as PCI DSS v4.0 or become PCI Compliant for the first time. The VGS Vault enables you to scale securely and rapidly with the freedom to operate on sensitive payment data without ever touching it.
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GROW FASTER
PCI Solutions
Your dedicated VGS Vault allows you to work with a broad array of payment data and not be in scope for PCI Compliance. With VGS, you can safely collect, protect, and send payment data to third-party endpoints by swapping out raw sensitive information with our secure tokens.
- Continuous PCI DSS Compliance
- Offload Liability, Risk & Burden
- Enterprise-Grade Security
- Retain Data Ownership & Portability
- Secure all types of data, including PII, PHI or Bank Credentials
MEET NEW REQUIREMENTS
Deadlines for PCI DSS v4.0 Updates
PCI DSS v 4.0 will be the industry standard from 2024 onward.
Effective March 31, 2024 PCI DSS v3.2.1 will be retired, and PCI DSS v4.0 will be the new PCI standard. QSAs have already switched to conducting new PCI level 1 assessments against PCI DSS v4.0.
On March 31, 2025, all the PCI DSS v4.0 future-dated requirements will become mandatory.
Companies must update their processes, procedures, and technology to ensure that they not only set up PCI-compliant Cardholder Data Environments (CDE) and maintain them annually, but also meet the updated new requirements.
Read more here: What's New in PCI DSS 4.0?
Who does PCI DSS v4.0 apply to?
Any organization that deals with Credit or Debit cardholder data.
if you,
- Store
- Transmit;
- Process; or
- Can Otherwise Affect the Security of
Sensitive Credit or Debit card data, you are subject to PCI DSS 4.0 requirements.
In other words, your cardholder data environment (CDE) is in “in-scope,” and you are subject to its guidelines.
How it Works
Descope PCI Data
As the leading PCI Tokenization Provider, our platform enables companies to seamlessly operate on sensitive payment data without ever touching it. The VGS Solution shields you from sensitive data by substituting sensitive, raw payment data with non-relational tokens or aliases (a form of synthetic data) in real time. VGS operates at the network level, so your systems never come into contact with sensitive data. You stay entirely protected without any architecture changes or the need to integrate a separate API - freeing your organization to focus on growing your business rather than the liability of protecting it.
Get Continuous PCI Compliance Service Maintain continuous PCI compliance with VGS's dedicated full-time resources building a secure network, protecting cardholder data, enforcing information security policies, and more.
Start Descoping Now
Get Continuous PCI Compliance Service
Maintain continuous PCI compliance with VGS's dedicated full-time resources building a secure network, protecting cardholder data, enforcing information security policies, and more
Reduce Costs
Instead of wasting resources maintaining your PCI-compliant environment and consolidating data into it, or even pursuing PCI from scratch, offload your data security to VGS. Save on costs and time for compliance, and redirect your efforts to your business instead.
Maximize Data Value
Extract maximum value from your data with full format preservation and avoid vendor lock-in with complete ownership, portability, and utility of your data
Get PCI Level 1 certified in as little as 21 days
Without VGS
Achieving PCI Level 1 on your own often takes 6-12 months, or longer, on top of recurring annual PCI security maintenance and audits. Reaching Level 1 requires dedicated full-time resources to build and maintain a secure network, protect cardholder data, uphold a vulnerability management program, implement strong access control, monitor and test networks, and enforce an information security policy.
With VGS
PCI Level 1 is achievable in just 21 days, no matter the type of business (merchant, service provider, or other). Integrate to VGS with no changes to existing systems, and instantly begin securing, managing and using sensitive data.
By using VGS for data security and PCI compliance rather than building a solution from scratch, TCB was also able to launch their commercial card 6-9 months faster.
FAQs
PCI DSS (Payment Card Industry Data Security Standard) is a worldwide standard for the secure handling of payment card data, first crafted by the major payment card brands in order to help prevent payment card fraud and protect cardholder data. Compliance is achieved after businesses verifiably fulfill all PCI DSS requirements, which is mandatory for all entities that handle consumer payment data.
PCI DSS requirements apply to any and all businesses that collect, store, or transmit payment card data. This includes merchants, marketplaces, E-Commerce businesses and even software solution providers who come in contact with sensitive payment data. Additionally, the level of PCI Compliance needed depends on how many transactions are processed per year; or may be a prerequisite for partnering with certain technical or financial institutions who've adopted a security-first mindset.
The cost of achieving and maintaining PCI Compliance can vary significantly from business to business due to a number of considerations, including how much PCI data they are processing and what resources the organization already has on hand. For companies that opt for the DIY route, upfront costs can reach as high as $1M, not including the roughly $100k+ annual maintenance costs that follow. However, businesses that opt to partner with VGS to offload their PCI Compliance burden on average, save between 50%-75% on related compliance costs and achieve their Report on Compliance (ROC) about 16x faster.
The PCI SSC (PCI Security Standards Council), created 12 PCI DSS requirements, which businesses that handle cardholder data must follow. The quickest and most cost-effective way to get PCI Compliant is to leverage VGS' PCI-as-a-Service(PCIaaS) Solution. Speak with a PCI Expert to find out how.
Payment data tokenization solutions are approved to achieve PCI DSS Compliance, and VGS offers tokenization for all business models. VGS's data security solutions can be a valuable part of your information security posture and PCI compliance program. Whether you're looking for a tokenization service provider or a full solution that descopes your business from PCI Compliance scope, we can help.
The PCI SSC has set March 31, 2024 as the deadline to retire PCI DSS v3.2.1. Now, besides the usual requirement of setting up a PCI-compliant environment (which typically takes months), maintaining it, and having it independently assessed annually, companies who choose to manage sensitive data on their own need to make sure they adhere to the updated PCI DSS v4.0 requirements as well. Under PCI DSS v4.0, VGS will continue to handle most of the technological controls required by the PCI DSS. For customers new to PCI, we accelerate setup and minimize overhead. For customers managing the migration from 3.2.1 to 4.0, we abstract away much of the additional requirements.
Solve PCI Compliance for Good
Descope from PCI DSS and offload your compliance burden to VGS so you can focus on what matters most - growing your business.
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What's New in PCI DSS 4.0?
If your organization stores, transmits, or processes credit or debit cardholder information, then this new standard applies to you.
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PCI DSS v.4.0 is here. Are you ready?
The newest evolution of the PCI Data Security Standards (PCI DSS) is almost upon us.
Learn More