What does PCI DSS stand for?

Prepare for the Information Systems and Controls (ISC) CPA Exam. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to excel!

The term PCI DSS stands for Payment Card Industry Data Security Standard. This is a globally recognized standard developed to enhance security for electronic payment transactions and to protect cardholder information. The standard mandates a variety of security controls and measures that organizations must implement to safeguard sensitive payment data, thereby reducing the risk of data breaches and fraud.

The other options do not accurately represent the established acronym. For instance, "Public Card Information Data Security Standard" and "Payment Chip Industry Data Security Standard" contain terms that do not align with the recognized PCI DSS terminology, as they incorrectly imply broader or different areas of focus. "Payment Card Information Data Security Scheme" may seem somewhat relevant, but the correct designation specifically emphasizes "Standard" rather than "Scheme," and it encompasses all types of payment cards, not just those using chips or public information. Therefore, the accurate abbreviation ensures clarity regarding its purpose and scope in payment security practices.

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