Sentence examples for cardholder data from inspiring English sources
Joshua Peirez, a MasterCard senior vice president, said the company had found evidence that a file with MasterCard cardholder data had been removed from a computer network in Tucson belonging to CardSystem Solutions, which processes credit card transactions.
Such chip-based cards — commonly referred to as chip-and-PIN cards because users punch in a personal identification number instead of signing for the purchase — offer an extra layer of protection against the theft of cardholder data and counterfeiting, and they are designed to replace magnetic stripe technology and signature payments.
In a statement, Visa said it was "committed to keeping fraud at low levels, and works closely with card issuers and acquirers to make it very difficult to obtain and use cardholder data illegally … We provide issuers with the necessary data to make informed decisions on the risk of transactions.
Requirement 3.1 mandates creating retention requirements for cardholder data.
Install and maintain a firewall configuration to protect cardholder data.
Track and monitor access to network and cardholder data.
In an effort to address the liabilities associated with credit card theft, credit card companies, beginning with Visa in 2001 with its Cardholder Information Security Program (CISP), began enacting data protection standards governing the processing, transmission, and storage of credit card data.
Target could face a $90 fine for each cardholder's data compromised, which translates to the $3.6 billion liability, according to a post on the SuperMoney website.
The data security standard defines how organizations manage cardholder information.
This data is known in the industry as "Track 2" data, and includes the full credit card number, expiration date, card verification value (CVV) and additional cardholder information.
Hong Kong's current ID, a laminated card that looks like a driver's license, has a photo, biographical data and the cardholder's residency status.
