What is the difference between failing an audit from a Governmental agency such as an FFIEC Audit and failing an audit from Industry Regulatory Body like the PCI Audit?

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What is the difference between failing an audit from a Governmental agency such as an FFIEC Audit and failing an audit from Industry Regulatory Body like the PCI Audit?



Answered Same DayMar 07, 2022

Answer To: What is the difference between failing an audit from a Governmental agency such as an FFIEC Audit...

Bidusha answered on Mar 08 2022
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Difference Between Failing an FFIEC Audit and PCI Audit    4
DIFFERENCE BETWEEN FAILING AN FFIEC AUDIT
AND PCI AUDIT
Table of Contents
PCI and FFIEC    3
References    5
PCI and FFIEC
PCI compliance refers to a set of rules designed to guarantee that the credit card industry is appropriately storing and safeguarding client data. There was no clear industry standard that all credit card businesses had to follow before it was founded in 2006, which is a concern for any organisation that works with massive data. The Data Security Standard (DSS) component of this audit outlines the rules that must be followed by everyone who must adhere to PCI compliance. The PCI Security Standards Council (PCI SSS) was founded in 2006 by Visa, MasterCard, Discover, and American Express (AMEX) to assist govern the credit card industry and create clear operational principles for how customer credit card...
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