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With the proliferation of e-businesses, it has become easier than ever to commit fraud over the internet.
Major credit card issuers such as MasterCard, Visa, American Express, Discover, and JCB International joined together to create a standard known as PCI DSS or Payment Card Industry Data Security Standard. In order to process credit card payments merchants and vendors are required to be compliant with the standard based on the Merchant Level of the organization. This standard was created in response to a dramatic rise in credit card data breaches at many high-profile organizations.
This standard defines a set of twelve requirements for compliance...
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