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Importance And Advantages Of Pci Slc Assessment

Payment using a credit or debit card has made the life of people very easy. With digitalization, different facilities are available with a click of the button. People prefer doing transactions using credit or debit cards as it is fast and convenient.
There are some safety concerns as well while using these cards. The cases of fraud or breaches are increasing which has led to many people losing a lot of money. Thus cards for payment should be used with care.
Need for PCI SLC compliance:
For safeguarding the customer data, the Payment Card Industry (PCI) Security Standard Council (SSC) has set some security standards. Any organization that is involved in developing, licensing, or using any software for making card transactions, should comply with these standards to comply get the certification. The applications having the certificate for PCI SSF assessment ensures the customers that their data is secured while making the payment.
Importance of PCI SSF assessment:
The PCI has designed a framework for secure software lifecycle ...
... (SLC) which mentions the different instructions and checkpoints. The vendor or software application designer should incorporate the security checks at the different levels of application development to ensure that the security factors are included at each step. PCI SSF assessment makes sure that customer safety is taken care of at each step of the application development. Following the security framework makes the application robust with fewer chances of the data breach.
Benefits of PCI SLC assessment:
The PCI SLC framework makes consideration of crucial points at each step of application development. The different benefits include:
Developing application with precision: While developing the application, each step is monitored thoroughly which helps to have a clear goal. This also includes understanding the problems arising while developing the application. Finding solutions to these problems lead to the development of application having relevance and precision.
Project clarity: The SLC framework mentions the different steps followed for designing the application. Completion of one level of the framework is important before moving to the next level. This gives the clarity of steps involved in application development.
Adequate documentation: Documentation is one of the important aspects included in the SLC framework. It ensures maintaining proper documents for each step of the application lifecycle. It makes sure that if any issue arises; they can check the documents and trace back the problem as well as find the solution for the same using these documents.
Considering the importance and benefits of the PCI SSF assessment, every organization must follow the PCI SLC framework for developing their payment application.
Author Bio: Vijay Kulkarni has worked in PCI SSF assessment team and has good knowledge in the PCI requirements. He is also a blogger who write on the subject to provide complete information about the subject to hi readers.
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