The credit card industry sets PCI DSS standards. This compliance mandate is self-regulated by the industry. Major brands, including American Express, VISA, and Mastercard, follow PCI compliance requirements. PCI DSS requirement 4.2 specifies that credit card information should not be captured, transmitted, or stored via email.

Business Requirements For Email Encryption PCI -DSS 4.2 requirements

A PCI audit aims to ensure organizations comply by maintaining security updates to data systems, networks, firewalls, and email encryption solutions.

Cardholder Data Content Requiring Encryption Under PCI To Prevent Unauthorized Access Include:

All credit card payment systems must complete a PCI audit every year. The entire payment card ecosystem, including encryption, multi-factor authentication, and security controls, is validated during a PCI compliance audit. Depending on the number of transactions, some organizations may be subject to an audit every month.

PCI Security Requirement 4 instructs businesses to encrypt the transmission of cardholder data across open public networks. Unprotected email transmitting credit card numbers received and sent by email and web browser caches have become a target for hackers.

Obtaining Cyber Security Insurance For PCI – DSS Violations

A growing area of concern for organizations is the cost of violations after a credit card security breach. Data breaches often result in significant fraud losses and card issuance costs. The type of data, whether it be protected health information (PHI), personally identifiable information (PII), payment card industry (PCI) data, or other non-public data, including non-electronic data, will help to determine the value of the data and the expense of a potential data security incident. Knowing how the data is stored or protected is critical in determining the potential consumer and regulatory notification obligations.

Insurance coverage for cyber events continues to develop as more global cyber-attacks become more expensive to cover the losses. The insurance marketplace provides standalone cyber policies and cyber coverage ‘add-ons’ for different insurance policies. Cyber insurance coverage includes add-ons in professional liability, commercial liability, business owner’s policy (BOP), and management liability.

Most cyber insurance policies cover PCI security breaches in their standard cyber liability policy, while others may add this coverage by endorsement. Organizations should review their approach to determine if this coverage is available.

Cyber Policies Contain The Following Coverages:

The cost of a fine for a PCI-DSS violation is charged on a per-incident basis. If an organization is found to be non-compliant with multiple infractions, the penalties could be in the millions. Many organizations have considerable resources in obtaining cyber security insurance to help offset the costs and fines for security breaches, including PCI violations.

The Payment Card Industry has established fines of up to $500,000 per incident for security breaches when merchants are not PCI compliant. In addition,  all individuals whose information has been compromised must be notified by the credit card provider in writing to be on alert for fraudulent charges.

Role Of Data Loss Prevention In PCI DSS Compliance

Data Loss Prevention solves three significant objectives.

• First, is the organization collecting and storing consumer users’ personally identifiable information? 
• Second, does the organization have the process and capability to remove the client’s data upon request? 
• Third, does the organization have a secure access policy to enable multi-factor authentication based on user actions?

The following events are some of the leading causes of data theft in 2022.

1. Misconfigured Software Settings.
2. Social Engineering
3. Recycled Passwords
4. Poor Encryption
5. Software Vulnerabilities
6. Use of Default Passwords.

User experiences around email encryption vary depending on the solution and the service provider. Many email encryption and Data Loss Prevention (DLP) solutions are challenging to set up, costly,  and challenging to maintain. Many security breaches occur in the enterprise due to misconfigured security solutions.

Gartner often references in their security reports the challenges of misconfigured security solutions impact expected outcomes of SecOps protection strategies.

DLP solutions like Trustifi classify intellectual property in both unstructured and structured forms. Data visibility helps organizations gain more insight into how individuals within an organization interact with data. DLP can remediate a variety of security challenges, including:

Data breaches cause damage to the brand, regulatory violations, and lost sales and customers.

Email Encryption And DLP – One Solution For PCI DSS

The hacker community knows that most security adaptive controls rarely get fully deployed, except for organizations that spend big dollars outsourcing to an MSSP or MSP service.

In parallel with email encryption, Data Loss Prevention identifies and protects compliance content within the email message and instills rules to prevent PCI DSS-protected data from leaving through the email channel by enacting email encryption.

• Enabling DLP policies as a system-wide adaptive control will ensure all messages that match a PCI DSS privacy rule with encrypting the outbound message. 
• Administration policies and standards monitoring for risky behavior, external threats, and intentional violation of PCI DSS can be enforced without user interaction.

Email Encryption Solution From Trustifi

Trustifi One-Click Compliance™ and Data Loss Prevention features make it easy to prove PCI compliance and ensure your data remains secure, even if an employee forgets to encrypt an email manually. The email administrator quickly selects which standards and Data Loss Prevention policies must comply with PCI. Trustifi’s intelligent AI Engine will scan all outbound emails for sensitive content such as student records and automatically encrypt them.

With Trustifi’s One-Click Compliance™, the solution takes the complexity out of compliance.

For an additional layer of security between potential attackers and your sensitive data, you can request that recipients verify their identities via multi-factor authentication(MFA).

With Trustifi, corporate employees can send secure encrypted emails without remembering to click the encrypt email button.

Just as quickly, recipients open an encrypted email with a single click even if they don’t have Trustifi.

The email administrator sets all the DLP and email encryption policies on the backend to prevent accidental data loss of PCI credit card confidential information sent externally. Other solutions require users to log in to a portal to access encrypted emails, adding complexity to sending and receiving messages.

“One-Click” Encrypt And Decrypt With Trustifi

Trustifi makes sending and opening emails simpler than ever. No log-ins, portals, or passwords are needed.

Groundbreaking Technology Supporting Optical Character Recognition Technology

Trustifi’s OCR technology uses machine learning to scan email attachments such as images and PDF files. It recognizes elements such as a credit card scan or a screenshot of a financial statement and categorizes those attachments as sensitive. The attachment files are automatically encrypted, reducing the opportunity for employees/individuals to transmit unprotected confidential material.

Emails Get Automatically Scanned

The system automatically scans outgoing emails, applies the rules your administrator sets, and then finds the https://trustifi.com/outbound/email-encryption/with no input from the user. This ensures that sensitive data and attachments are not at risk before reaching their intended recipient.

Culture

Trustifi’s email security services feature a comprehensive suite of email tools for advanced threat protection, easily configurable Data Loss Prevention, and enterprise email encryption. Trustifi’s easy-to-use software is unmatched in its user-friendliness, flexibility, and cost-effectiveness. Trustifi’s time to value, ease of deployment, and lower cost of ownership for SecOps make the company culture secure and a financial match for any client seeking email security, data exfiltration, and message encryption.

Email Encryption And DLP – One Solution For PCI DSS

The hacker community knows that most security adaptive controls rarely get fully deployed, except for organizations that spend big dollars outsourcing to an MSSP or MSP service.

In parallel with email encryption, Data Loss Prevention identifies and protects compliance content within the email message and instills rules to prevent PCI DSS-protected data from leaving through the email channel by enacting email encryption.

• Enabling DLP policies as a system-wide adaptive control will ensure all messages that match a PCI DSS privacy rule with encrypting the outbound message. 
• Administration policies and standards monitoring for risky behavior, external threats, and intentional violation of PCI DSS can be enforced without user interaction.
  

Why Trustifi?

Trustifi is a cyber security firm featuring solutions delivered on software as a service platform. Trustifi leads the market with the easiest to use and deploy email security products, providing both inbound and outbound email security from a single vendor.

Trustifi has an extensive roster of clientele throughout North and South America, Europe, and the Asia Pacific. As a global cybersecurity provider of both inbound and outbound email protection, Trustifi currently supports customers from countries including the USA, Canada, Brazil, the Dominican Republic, the UK, the Netherlands, India, the UAE, China, and Japan, Cyprus, the Philippines, and more. The company has also developed “One-Click Compliance” capabilities that cater to a range of security regulations worldwide, including PDPO for Hong Kong, POPI for South Africa, GDPR for Europe, and LGPD for Brazil.