Question

Which of the following cybersecurity standards particularly specifies the handling of credit, debit, and specialty payment cards in an effort to reduce credit card fraud?

1) PCI DSS
2) FIPS
3) ISO 27001
4) NIST

Answer 1

The PCI DSS is the cybersecurity standard that specifically addresses the protection of credit, debit, and specialty payment cards. It sets requirements for secure handling to reduce fraud and is complemented by personal security measures such as using complex passwords and anti-virus software.

Step-by-step explanation:

The cybersecurity standard that specifically addresses the handling of credit, debit, and specialty payment cards to reduce credit card fraud is the PCI DSS (Payment Card Industry Data Security Standard). This standard provides a set of requirements designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment. This is critically important as it helps protect your credit and debit cards from unauthorized access and theft.

Aside from PCI DSS compliance, individuals can take additional steps to protect their personal financial information. These include securing your mailbox to prevent mail theft, safeguarding your wallet from physical theft, using complex passwords and PINs, installing anti-virus software on your devices, and notifying your bank of any changes to your address or phone number.

The cybersecurity standard that specifically addresses the handling of credit, debit, and specialty payment cards to reduce credit card fraud is the Payment Card Industry Data Security Standard (PCI DSS). PCI DSS is a set of security requirements designed to ensure that companies that process, store, or transmit credit card information maintain a secure environment.