The PCI Payment Ecosystem
Billions of card payment transactions happen every day. This course explains how they work, how criminals turn payment card transactions into money, and how payment protocols have evolved to devalue stolen payment data.
What you'll learn
There is a reason that criminals steal payment card data. It is because they can turn the stolen data into money. In this course, The PCI Payment Ecosystem, you'll discover how a payment card transaction gets from the store to your statement and in the process learn about the electronic messages that move between the banks and payment card schemes. First, you'll find out how a face-to-face transaction works, the data that criminals can steal to make fraudulent transactions, and how chip transactions prevent this. Next, you’ll follow an e-commerce transaction, discover the data that makes a transaction work, and how the 3DS secure protocol devalues this data. Finally, you'll explore the new types of transactions that use payment card data, but not payment cards! By the end of this course, you'll understand how the payment system works and the evolving protocols used to make payments more secure.
Table of contents
About the author
John Elliott is a specialist in regulated security and data protection. His fascination is the way that people engage with security directives: whether that’s a company following external regulation, an information security team developing policies, an IT team following them, or a colleague who is just trying to do their job securely. John has led information security and data protection functions in aviation and financial services. He’s represented both Visa Europe and Mastercard on the PCI S... more