ITM 100 Lecture Notes - Lecture 19: Diners Club International, Discover Card, American Express

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Alec Cram

Document Summary

Exception and summary report: report of the events either in detail, summary, or both that were accepted or rejected by the system. Batch control plans: regulate processing by calculating control totals at various points in a processing run and subsequently comparing these totals. Developed by the pci security council formed by major card issuers: Visa, mastercard, american express, diners club, jcb international and. All issuing financial institutions, it service organization (except isps) and merchants that take, store or process credit card inforamtion on the. Failure to comply may lead to financial penalty. Visa and mastercard require financial institutions, major merchants and. It service organizations (over 1 million transactions annually or over. 20,000 etransactions annually) to have an annual external validation for compliance. 1. install and maintain a firewall configuration to protect cardholder data: do not use vendor supplied defaults for system passwords and other security parameters, protect stored cardholder data, encrypt transmission of cardholder data across the internet.