Jun 14, 2018 l Tokenization, GDPR, PCI DSS, Data Security, Data Protection, Data Privacy

Killing two regulatory burdens with one stone: 7 ways the PCI DSS and GDPR overlap

Becoming GDPR compliant can seem like a daunting task. So daunting in fact that some firms outside the EU are resorting to quick, albeit rather extreme fixes, like withdrawing from the EU market entirely or blocking all traffic from EU based IP addresses.

Fortunately, there are other tricks to becoming GDPR compliant that don’t involve severing ties with an entire economic region. If your organization is already PCI compliant or even heading in that direction, then you may be further on your way to GDPR compliance than you thought. Many of the same processes and technology you’re using to protect cardholder data can be used for protecting personal data.

Below is a list of overlapping requirements of the PCI DSS and the GDPR:

1. Identify sensitive data

In order to protect sensitive data, the first step is to figure out how much of it you have and where you have it.

2. Reduce the amount of sensitive data

If you’re storing sensitive data you don’t really need, you’d be better off just getting rid of it.

3. Secure the data you keep

For the data you’d like to hold on to, you have to have a data protection strategy that includes a combination of tokenization, encryption, or other forms or cryptography.

4. Limit Access

Only the people who need to access sensitive data should be able to do so and those people should  be able to access only the data they need to do their specific job.

5. Log Access

Keep logs of who accessed what data and when in order to discourage neglect and malfeasance, and so you can more easily identify the source in the event of a breach.

6. Assess preparedness

Regularly assessing your data security apparatus is not only common sense, it’s required by both the PCI DSS and GDPR and it’s the only way to keep up with the constantly changing threats to data security.

7. Prepare to respond to data breaches

Develop a breach response plan that specifies who to notify, how to contain a breach, how to determine the source, and who at your organization is responsible for each of the above.

Want to learn more?

Want to know the exact difference between personal data and cardholder data?
Or which exact PCI DSS requirements overlap with which articles of the GDPR?
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