The newest update on Payment Card Industry Data Security Standard, PCI DSS is expected to be released mid-2021. Payment Card Industry Security Standards Council declared in it’s blog post that the timeline they anticipate to be completed in Q2 in 2021 and supporting documents, program, and training updates to be completed by the end of the year.
Lauren Holloway, Director, Data Security Standards added in her interview on Payment Card Industry Security Standards Council blog:
“We anticipate that PCI DSS v4.0 will contain a number of new requirements that may be future dated; however, we won’t know how many new requirements there will be until the standard is finalized.
While the effective future date for these new requirements will not be confirmed until PCI DSS v4.0 is ready for publication, it will provide enough time for organizations to plan and implement new security controls and processes as needed to meet all the new requirements. The future date will be dependent on the overall impact that the new requirements will have on the standard. Based on the current draft, the future date is expected to extend beyond the planned transition period, with a possible future date being between 2½ – 3 years after PCI DSS v4.0 is published.”
As CFE Certification, we are going to be one of the first in line to dive into the updated standard to bring training and certification to financial institutions. Get in touch with our team of experts who are ready to help your organisation implement the most updated standards. firstname.lastname@example.org