A Payment Card Industry Data Security Standard (PCI DSS) readiness assessment helps an organization evaluate if it is prepared for a full PCI DSS validation audit or Self-Assessment Questionnaire (SAQ).

A PCI DSS readiness assessment, also known as a “gap analysis,” identifies gaps in an organization’s PCI compliance posture. It pinpoints areas needing improvement to proactively meet evolving payment card security requirements established by the PCI Security Standards Council.

Conducting a readiness assessment enables developing of a robust PCI DSS compliance strategy and plan. It provides insights to strengthen security controls, policies, and procedures before the Qualified Security Assessor’s (QSA) on-site audit. This upfront preparation can smooth the process of achieving PCI DSS certification.

The readiness assessment finds weaknesses that could impact cardholder data security. It recommends implementing proper controls to reduce the risks of a data breach. This understanding of vulnerabilities is key for organizations to prepare for PCI DSS validation cost-effectively.

A PCI DSS readiness assessment evaluates the security of payment systems, remote access, networks, protocols, and other controls required by payment brands such as Visa, Mastercard, American Express, and Discover. It helps merchants and service providers improve security posture and avoid non-compliance penalties.

Who needs a PCI audit?

While entities that accept, transmit, store, or process credit cards are not mandated by law or regulation to adopt PCI standards, the major card brands demand its use via the banks and other organizations that process all credit card transactions. 

Failure to comply with the applicable standards can result in fines and possibly being unable to accept credit card transactions, along with the associated financial impact of such a ban. Therefore, PCI standards are a requirement for all merchants to follow without exception.

Merchants are classified into levels based on the transactions processed in a year.  An on-site PCI audit and resulting Report on Compliance (ROC) are required for Level 1 merchants that process more than 6 million transactions annually, depending on the cards accepted.

Level 2, Level 3, and Level 4 entities/merchants need only complete a Self-Assessment Questionnaire (SAQ), but many Level 2 and Level 3 organizations elect to undergo the audit and obtain their ROC.

What a PCI readiness assessment entails

Intended to find holes in your PCI compliance program—deficiencies that could prevent your enterprise from attaining PCI DSS compliance—a readiness assessment may involve the following:

  • Review of Network Architecture – Assess cardholder data flow isolation, firewall rules, wireless networks, remote access, routers, and segmentation.
  • Policy and Procedure Analysis – Validate all information security policies and procedures meet PCI DSS compliance requirements.
  • Staff Interviews – Interview personnel with PCI DSS responsibilities to evaluate understanding.
  • Document Inspection – Review system configurations, change control logs, audit trails, and other documentation.
  • Device Analysis – Thoroughly analyze servers, endpoints, databases, POS systems, and other components for PCI DSS compliance.
  • Penetration testing: Perform authorized penetration tests to identify vulnerabilities in systems handling cardholder data.
  • Physical Site Inspections – Inspect facilities housing payment systems to validate physical access controls.
  • Vulnerability Scanning – Run network and application vulnerability scans to identify gaps like missing patches or default passwords.

With on-site PCI DSS audits costing upwards of $70,000 depending on your environment, performing a readiness assessment can save your enterprise much time and money—by identifying and remediating gaps before the on-site audit.

Addressing deficiencies uncovered before the PCI DSS on-site audit can save time and cost while improving the likelihood of achieving smooth validation. A readiness assessment is a crucial preparation for formal compliance validation.

What are the benefits of conducting a PCI readiness assessment?

Conducting a Payment Card Industry Data Security Standard (PCI DSS) readiness assessment can benefit your organization. By reviewing your systems against PCI DSS requirements, an assessment helps you:

  • Validate PCI DSS Compliance – A PCI DSS assessment verifies that your systems meet the latest PCI security standards. Achieving and maintaining PCI DSS compliance demonstrates to credit card companies, partners, and customers that you take payment security seriously.
  • Identify Security Vulnerabilities – The assessment will reveal areas where your controls or processes fall short of PCI DSS requirements. This allows you to address gaps to strengthen your defenses against credit card data theft and cyberattacks.
  • Prioritize Remediation Efforts – With a clear view of your PCI DSS compliance gaps, you can develop a plan to seal vulnerabilities based on risk and resources. The assessment provides insights to allocate resources effectively.
  • Build a Security Roadmap – Your Qualified Security Assessor (QSA) can guide you to help you map out a multi-year strategy for improving payment security and maintaining PCI DSS compliance.
  • Meet Partner Requirements – Many credit card brands, banks, and payment processors require compliant PCI DSS status from merchants and service providers. An assessment verifies your compliance to maintain key business relationships.
  • Boost Customer Confidence – Following PCI DSS requirements shows customers you take payment security seriously. This can improve trust, satisfaction, and retention among credit card customers.

How long does a PCI assessment take?

The time required to complete a PCI DSS assessment can vary considerably based on the size and complexity of your organization.

For small businesses with just a few Point-of-Sale (POS) devices and straightforward payment channels, a PCI DSS assessment by a Qualified Security Assessor (QSA) may only take a day or two. The QSA will review relevant documentation, interview key staff, inspect physical security, observe processes, and scan networks for security vulnerabilities affecting cardholder data.

A comprehensive on-site PCI DSS assessment often requires several weeks for larger organizations with extensive POS systems, e-commerce channels, and many distributed retail locations. The QSA must thoroughly examine the organization’s security policies, access controls, anti-virus software, firewall configurations, and other security controls required by the PCI Security Standards Council (PCI SSC).

The QSA must validate that cardholder data flows are well-understood and protected end-to-end. They will scan for malware and security vulnerabilities across all systems that store, process, or transmit sensitive cardholder information.

For organizations that fail the initial PCI DSS assessment, additional time will be needed to remediate issues and validate compliance through re-assessment. Working closely with your QSA and planning can help streamline the end-to-end PCI DSS assessment process.

PCI Compliance is Made Easy with ZenGRC

Don’t let PCI DSS compliance overwhelm you. With the right tools and guidance, achieving and maintaining compliance can be straightforward. 

Let ZenGRC ease the process with automated dashboards, unlimited self-audits, robust audit trails, and more. Contact us today for a free demo.