PCI DSS
Industry standard for securing payment cardholder data
ISO 56002
International guidance standard for innovation management systems
Quick Verdict
PCI DSS mandates payment card security for merchants via audits and scans to prevent breaches, while ISO 56002 guides innovation systems for all organizations to foster systematic value creation. Companies adopt PCI DSS for contractual compliance; ISO 56002 for strategic capability.
PCI DSS
Payment Card Industry Data Security Standard v4.0
Key Features
- 12 requirements across 6 control objectives for card data
- Over 300 granular sub-requirements and testing procedures
- Contractual enforcement with fines and processing bans
- CDE scoping and validated network segmentation
- v4.0 customized approaches with MFA emphasis
ISO 56002
ISO 56002:2019 Innovation management system guidance
Key Features
- PDCA cycle for IMS across clauses 4-10
- Leadership commitment and policy requirements
- Portfolio governance with stage-gates
- Balanced KPIs for performance evaluation
- Tailorable for SMEs and integration with ISO standards
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
PCI DSS Details
What It Is
PCI DSS (Payment Card Industry Data Security Standard) is a global industry framework for protecting cardholder data. It mandates technical and operational controls for organizations storing, processing, or transmitting cardholder data (CHD) and sensitive authentication data (SAD). Structured as a control-based standard with 12 requirements under 6 objectives, it emphasizes scoping the Cardholder Data Environment (CDE) and risk mitigation via segmentation.
Key Components
- 12 requirements covering network security, data protection, vulnerability management, access controls, monitoring, and policies.
- Over 300 sub-requirements with testing procedures.
- Levels 1-4 validation: ROC for high-volume, SAQ for others.
- v4.0 introduces customized approaches and future-dated best practices.
Why Organizations Use It
Contractual obligation for merchants/service providers; avoids fines, bans. Reduces breach costs ($37/record avg.), builds trust, enables card processing.
Implementation Overview
Assess-Repair-Report cycle: scope CDE, gap analysis, remediate, validate via QSA/ASV. Applies globally to card handlers; 3-12 months typical, ongoing quarterly scans.
ISO 56002 Details
What It Is
ISO 56002:2019 is an international guidance standard titled "Innovation management — Innovation management system — Guidance." It provides a framework for organizations to establish, implement, maintain, and improve an Innovation Management System (IMS) using a PDCA cycle approach, applicable across all sizes, sectors, and innovation types.
Key Components
- Seven clauses (4-10): context, leadership, planning, support, operation, performance evaluation, improvement
- Eight principles: value realization, future-focused leaders, strategic direction, culture, uncertainty management
- Non-prescriptive, tailorable guidance; aligns with ISO High-Level Structure
- No mandatory certification; supports conformity assessments via ISO 56004
Why Organizations Use It
- Drives strategic innovation, portfolio governance, ROI improvement
- Mitigates risks like project failures, resource waste
- Enhances competitiveness, stakeholder trust, resilience
- Integrates with ISO 9001/14001 for efficiency; voluntary adoption
Implementation Overview
- Phased: readiness diagnostic, governance design, pilot, scale, audits
- Involves leadership commitment, KPIs, digital tools
- Suited for SMEs-enterprises globally; 12-18 months typical
Key Differences
| Aspect | PCI DSS | ISO 56002 |
|---|---|---|
| Scope | Payment card data security controls | Innovation management system framework |
| Industry | Payment processing, merchants globally | All sectors, organizations worldwide |
| Nature | Contractual standard, enforced by brands | Voluntary guidance, no enforcement |
| Testing | Quarterly scans, annual audits by QSAs | Internal audits, management reviews |
| Penalties | Fines, loss of processing privileges | No penalties, self-improvement focus |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about PCI DSS and ISO 56002
PCI DSS FAQ
ISO 56002 FAQ
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