Get a high-level introduction to how payments get from consumers to merchants, the risks associated with theft or compromise of credit card data, and PCI compliance standards.
Overview
Syllabus
Introduction
- Safeguarding credit card data
- Credit cards: How payments work
- Merchants and consumers
- Banks, payment processors, and card brands
- What's on a card and why
- Stolen cards: Where do they go
- Tokenization
- Card-present transactions
- Magnetic swipe vs. chip and pin/sig
- Physical card skimmers
- POS breaches
- Alternative physical payments
- Card not present: How does it work?
- Card on file
- The risks of taking payments online
- Impact of chip cards
- E-skimming
- What are the PCI Standards?
- Reporting levels and becoming compliant
- ROCs and SAQs
- AI and PCI compliance
- Next steps for PCI compliance and safeguarding payment data
Taught by
Laura Louthan