Challenges managing PCI DSS compliance

Complying with PCI DSS (PCI) can be a burden on an organization. There are six distinct goals to help protect payment systems from breaches and theft of cardholder data, however these goals include multiple requirements and sub-requirements, making the total closer to 250. These requirements force organizations to manage, govern, and collaborate with different parts of the business.

Common challenges with PCI DSS compliance include:

• Understanding your vulnerabilities.
  Assessing assets and applications for secure configuration, identifying outdated software and issuing security patches, addressing security flaws in custom applications often requires time and resources you don’t have.
• Keeping everything up-to-date.
  Requirements, business objectives, assets, incident response plans and other items vital to PCI compliance can change in an instant. Without effective governance and management processes, you don’t know when you are out of compliance.
• Ensuring your TPSPs are compliant.
  Employing third-party service providers (TPSPs) can aid your PCI program, however you are still responsible for how they handle your data. Gaining insights into TPSP processes and ensuring they are PCI compliant is a challenge in itself.
• Getting information when you need it.
  Creating reports for PCI compliance in a timely manner is always a challenge. This is especially true when different data types must be combined and communicated in a meaningful way to different audiences.

Benefits of using Keylight

The Keylight Platform puts you in control of your PCI program. From data collection to continuous program monitoring, Keylight is designed to manage all aspects of PCI DSS compliance – from IT and organizational governance to managing IT risk, policies, controls, third parties, audits and more.

Built with both the end user and administrator in mind, Keylight simplifies the process of updating data, obtaining contextual information, and responding to business changes. It collects seemingly disparate data from different parts of the organization and immediately transforms it into insightful and actionable information.

With Keylight you can:

• Govern your compliance program more effectively.
  Link roles, responsibilities and business activities to up-to-date PCI and organizational controls.
• Streamline and simplify the IT risk assessment process.
  Import, correlate and de-duplicate data from multiple sources across the organization including vulnerability assessment tools, risk assessments, penetration tests and approved scanning vendor (ASV) results.
• Perform more effective TPSP due diligence and monitoring.
  Ensure your TPSPs are in compliance by correlating service agreements to PCI requirements, issuing and tracking risk assessments, capturing policy attestations, and assigning roles and responsibilities.
• Track compliance status more accurately.
  Perform appropriate self-assessment questionnaires (SAQs); investigate, track and remediate assessment findings; manage attestation compliance forms; create and maintain incident response plans; and instantly report on all this information.
• Prepare for Internal and Qualified Security Auditors.
  Automatically generate audit work-papers, assessments and questionnaires; gather and store evidence for regularly scheduled reports; assign findings to business and asset owners for investigation, remediation, and escalation; and instantly create interactive status reports.

The Keylight Difference

PCI compliance involves many parts of the business, as well as third parties. Keylight’s unique approach to risk management integrates relevant data from across the business to address the needs, roles, responsibilities and processes of all stakeholders. It also institutionalizes PCI activities, rolling compliance into daily operations and simplifying quarterly and annual activities required to achieve PCI compliance.

No matter what level of compliance you achieve, Keylight will help you:

• Get the right data when you need it.
  Whether it’s ASV or scanning tool results, multiple compliance document versions, current and historical records of your processes and their statuses, vendor risk assessments or audit results, Keylight automatically absorbs and manages the data so you can take immediate action.
• Connect everything in one platform.
  Manage multiple workstreams and conduct all risk, compliance and audit activities within Keylight. The platform’s integrated design allows you to use a single data set so everything from policies to incident response plans always have the latest data. Keylight will even alert you when a key resource, asset or requirement changes.
• Streamline the information gathering process.
  Keylight takes charge of the information and evidence gathering processes. The platform automatically issues contextual data requests to identified business and asset owners and ties the request and gathered evidence to your PCI requirements.
• Bring simplicity to dashboards and reporting.
  Keylight’s real-time, drag-and-drop reporting engine allows users to create and configure their own dashboards and reports. This, coupled with Keylight’s role-based permissions, ensures that the right people receive the right information at the right time in the context they require.
• Orchestrate a multi-regulation management program.
  With Keylight you are not limited to just PCI. Leverage the platform to integrate and manage multiple risk and compliance frameworks such as ISO 27001, NIST 800-53, and the UK Cybersecurity Essentials. You can even create your own custom frameworks.