TAILIEUCHUNG - PCI DSS Applicability in an EMV Environment

Both sides are right to some extent. But these simplifications- and the resulting polarised debate- do not get us very far. Yet we all share the objective of reducing poverty in a lasting manner, and there is nowadays wide agreement in the development community that the environment is crucial for the sustaining of livelihoods. And once we realise that “the environment” actually means soil- to grow food; water- to drink, wash and irrigate crops; and air to breathe, and a host of natural food and medicinal products, it becomes clear that preserving “the environment” actually means safeguarding food production; sustaining livelihoods and preserving health. Poverty reduction,. | Payment Card Industry PCI Data Security Standard PCI DSS Applicability in an EMV Environment A Guidance Document Version 1 Release date 5 October 2010 1 Security Standards Council Table of Contents 1 Executive The Role of The Role of the PCI 2 3 EMV Security and PCI The Payment Card Magnetic-Stripe Technical PAN Key Mail Order Telephone Order-based EMV PCI DSS and the Current EMV Future Developments in Transaction 4 Reference Abbreviations Glossary . 12 Acknowledgements . 12 PCI DSS Applicability in an EMV Environment - A Guidance Document 2010 PCI Security Standards Council LLC October 2010 Page 2 Security Standards Council 1 Executive Summary This document compares and contrasts the current fraud-reduction capabilities of EMV within the security framework of the Payment Card Industry Data Security Standard PCI DSS and examines the rationale for why it remains necessary to implement PCI DSS in the EMV environments that exist today. The Role of EMV EMV smartcards were designed and introduced to reduce fraud occurring in magnetic-stripe face-to-face environments by using integrated-circuit IC based cards that use secret cryptographic keys to generate authentication and authorization data. As such robust implementations of the EMV specifications can mitigate the risk of compromised card data being used to commit face-to-face fraud. EMV implementations that utilize different card verification values maintained on the chip from those maintained in the magnetic-stripe image provide an effective barrier to creating counterfeit magnetic-stripe cards from compromised EMV magnetic-stripe image data. In addition when implemented in conjunction with .

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