PCI SSLC (Software Security Lifecycle) is a crucial framework that sets stringent standards for the secure development and design of payment software. PCI SSLC is applicable to software vendors, payment service providers, and organizations developing payment software. It establishes a robust security foundation, safeguarding payment card data from vulnerabilities and potential breaches within software applications.
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What’s the Significance of PCI SSLC?
It focuses on secure software development practices, encompassing the entire software lifecycle to mitigate risks and vulnerabilities effectively. For businesses, it's a mark of credibility, enhancing their reputation and expanding their market reach.
PCI SSLC
The Value of PCI SSLC
This framework ensures that e-commerce platforms are fortified against vulnerabilities and threats. PCI SSLC fosters trust among consumers, assuring them that their payment data is handled with utmost care.
Enhanced Security
PCI SSLC fortifies payment software against potential threats, reducing the risk of data breaches and fraud.
Customer Trust
Demonstrating commitment to PCI SSLC standards builds trust among customers, instilling confidence in your payment solutions.
Regulatory Alignment
Meeting PCI SSLC requirements often aligns with other industry and regulatory standards, streamlining your compliance efforts.
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Navigating PCI SSLC
Risk Associates offers PCI SSLC assessments to evaluate the security of payment software throughout its lifecycle. Navigating the complex landscape of PCI SSLC is made easier with Risk Associates.
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Our Methodology
Our PCI SSLC certification methodology (the “ra methodology”) includes assigning the Qualified Security Assessor (QSA) and Customer Success & Quality Manager to each customer through their entire compliance process.
Project Kickoff
In this phase, QSA will deliver an overview presentation to entity’s Card Data Environment (CDE) stakeholders to verify the management goals and objectives of the compliance program, identify a person or group of people responsible for driving the project and Agree upon project-level milestones and requirements.
Determine the scope
RA will take the initiative by performing scoping exercise in a form of workshops to ensure that security controls cover all in-scope facilities, locations, retail outlets, data centers, back-office locations, etc., it is crucial to determine the complete scope of the cardholder data environment accurately.
Perform Gap Assessment
We perform an in-depth analysis of the overall cardholder environment and determine if there are any gaps within the 12 security requirements.
Remediation
The RA team will review onsite and off-site activities that include but not limited to document reviews, interviews, walkthroughs of business processes, and technological systems.
PCI SSLC Assessment
In this phase, we will identify the scope of the card holder environment, verify all the appropriate controls are correctly applied, and the identified gaps have been closed as well as Entity policies and procedures will be reviewed to determine if it is sufficient for the PCI compliance.