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How to Prepare for PCI PCIP3.0 Exam

Preparation Guide for PCI PCIP3.0 Exam

Introduction

The Payment Card Industry (PCI) applies to credit, debit, prepaid, e-purse, ATM, and POS cards and related firms. The Payment Card Industry consists of all the companies that store, process and transmits cardholder's data, particularly for the credit cards and debit cards. The Payment Card Industry Security Standards Council develops the Payment Card Industry Security Standards that are used all over the industry. Individual card brands develop regulatory standards that are used by service providers and provide their regulatory systems. China UnionPay, American Express, MasterCard, Japan Credit Bureau, Visa and Discover Financial Services are some major card brands in the world. Members banks connect and allow transactions from the card brands and thus are used by many organizations. However, few card brands do not use member banks for instance American Express, instead of using member banks they operate as their banks.

The objective of the Payment Card Industry Security Standards Council (PCI SSC) is to improve the security of the global payment account data by developing standards and supporting services that drive education, awareness, and effective stakeholder implementation. The Payment Card Industry Data Security Standard is an information security standard for the companies that control cards from different brands. The Payment Card Industry Security Standards Council administers the Payment Card Industry Standards and is mandated by the card brands. To decrease credit card fraud the Payment Card Industry Standards were created to increase regulations around cardholder's data.

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Who should take the PCI PCIP3.0 Exam

The PCIP certification is intended for professionals in the IT, network security, finance, or e-commerce role focused in the payments industry value chain as well as those in product creation, marketing or sales position who are involved in the development and sale of payment-oriented products. Usual work titles include is IT Manager, IT Security Manager, Compliance Manager, Governance and Risk Manager, Financial Crime and Fraud Manager, E-Commerce Manager, Product Manager and Independent Consultant. However, jobs are limited to only mentioned vacancies.

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