A 2022 Verizon report claims that only 43% of assessed organizations maintained full compliance in 2020.
With the March 2024 deadline fast approaching, businesses that process and store card data are racing to implement the 13 new requirements in Phase I of PCI DSS 4.0.
Today, we'll explore how impacted organizations can leverage continuous controls monitoring to better align with Version 4.0's vision to promote security as a continuous process that we discussed in the first blog of this two-part series.
As part of the PCI DSS 4.0 compliance process, organizations will want to ensure their security controls and processes align with the listed requirements.
Organizations could fall out of compliance at any moment and therefore expose themselves to the risk of a serious data breach or regulator fines.
Instead, they need to follow the new stated goal of PCI DSS 4.0: Security as an ongoing process, which means continuously evaluating posture, and improving security processes and controls.
CCM solutions offer security and risk management and IT teams automated capabilities to collect data from different sources, test the effectiveness of controls and report the results to relevant stakeholders.
Continuous controls monitoring tools play a pivotal role in streamlining PCI DSS 4.0 compliance efforts by transforming the approach from periodic assessments to a dynamic, ongoing security framework.
Compliance Oversight: CCM enables continuous monitoring of the Cardholder Data Environment.
Instead of intermittent assessments, it actively tracks compliance with a multitude of PCI DSS requirements.
When a control falls out of compliance, CCM tools can initiate automated responses to rectify the problem, ensuring swift mitigation and bringing controls back into compliance swiftly.
For those organizations that are required to meet these updated cardholder data security requirements, leveraging automated technology can reduce the workload for under-pressure SRM teams, minimize compliance gaps and breach risks, and optimize security for the long term.
To summarize, here's how the Noetic platform stands out in how it supports PCI DSS:. Structured collection of diverse data sources: The Noetic platform collects data from a wide array of sources, including data from network devices, servers, applications, security tools, IAM systems, and more.
The platform doesn't gather raw data, but takes a structural approach to correlate, aggregate and deduplicate security data to ensure meaningful insights can be derived.
Automation for audit preparation: Noetic caters to PCI-DSS compliance monitoring needs by enabling users to create specific reports and workflows tailored to relevant controls.
Schedule compliance drift alerts: Automated processes collect evidence from assets and the relevant technical context and aligns this against PCI DSS 4.0 requirements.
SRM teams can then build recurring queries to track the status of their assets/controls and get alerts on compliance drift.
Enables proactive security and risk measures: One of the critical aspects of PCI DSS 4.0 is the emphasis on security as an ongoing process.
Noetic facilitates continuous assessment of controls, enabling organizations to swiftly detect any deviations from compliance standards.
With Noetic, organizations can manage multiple compliance frameworks from a single platform whilst continuously measuring and improving risk posture.
This Cyber News was published on securityboulevard.com. Publication date: Tue, 09 Jan 2024 15:43:04 +0000