Report

2024 Payment Security Report

2024 Payment Security Report

The 2024 Payment Security Report by Verizon examines the challenges of PCI DSS compliance, emphasizing the need for post-implementation performance evaluation. As organizations transition to PCI DSS v4.0, the report highlights difficulties in integrating compliance into security operations, measuring control effectiveness, and maintaining sustainable data security. Verizon introduces structured frameworks like the 9 Factors of Control Effectiveness and Sustainability and the 4 Lines of Assurance to help businesses assess and strengthen their security posture. The report also addresses third-party risks, evolving compliance metrics, and the growing complexity of cyber threats in the payment ecosystem.

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