Remove Data Encryption Remove Legal Remove Legal Framework
article thumbnail

PCI requirements and who needs to follow them

Basis Theory

Return to Top Risk of Non-Compliance Each PCI requirement acts as a proactive measure to protect cardholder data, and as a legal framework to isolate and financially penalize non-compliance. Legal Action : Breached organizations subject themselves to expensive litigation from impacted customers, cardholders, and banks.

PCI DSS 88
article thumbnail

ECB Publishes First Progress Report on Digital Euro Preparation Phase

Fintech Finance

The Eurosystem would use state-of-the-art measures, including pseudonymisation, hashing and data encryption, to ensure it would not be able to directly link digital euro transactions to specific users. The digital euro is a common European endeavour.

article thumbnail

European Central Bank sets out business model for digital euro

NFCW

“The Eurosystem would use state-of-the-art measures, including pseudonymisation, hashing and data encryption, to ensure it would not be able to directly link digital euro transactions to specific users.” The digital euro is a common European endeavour.