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FTC Studying Practices of Nine PCI Companies

15
Mar
2016

creditcards

On March 7, 2016, the U.S. Federal Trade Commission (FTC) announced that it ordered nine PCI companies to produce information “on how they conduct assessments of companies to measure their compliance with the Payment Card Industry Data Security Standards (PCI DSS).”

The accompanying Order to File a Special Report compelled the PCI companies to report on their policies, practices, budgets and handling of potential conflicts of interest between the PCI assessments and other services the companies might provide their clients (i.e., the auditing and consulting).

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