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1. The author begins Chapter 7 with TJX case study and discusses Payment Card In

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Question

1. The author begins Chapter 7 with TJX case study and discusses Payment Card Industry-Data Security Standard (PCI-DSS) on page 253. What is the latest standard in PCI-DSS and how are companies using NFC (Near Field Communications) and implementing PCI-DSS into their solutions?

2. As mobile devices become more powerful and users would like to bring devices into organizations this has become a nightmare for IT organizations as far as security and providing services to users. Please discuss BYOT (Bring Your Own Technology) or BYOD (Bring Your Own Device) I would like read any experience you may have with implementing or viewing your organization implement this solution. If you do not have any personal expereience please discuss a brief solution for an organization to implement this policy based on your research and readings from the chapter

Explanation / Answer

1.PCI-DSS->Payment Card Industry Data Security Standard:This is basically a standard that was implemented to ensure secrecy and privacy of data related to the credit card usage of a person.This ensures the transaction are done in asecretive manner with a link to bank and no one else can read or no about the information related to a credit card whether its amastercard or visa.The latest version is Version 3.1 which was released in April 2015, and will be retired 3 months after version 3.2 is released.It helps to uilt a secure network and and mplement strong access control measures for authenticated users with unique passwords.

Near Field communications helps two electronic devices to communicate with each other which are at distance of like 4cm of each other.NFC-enabled portable devices can be provided with applications in order make payments when connected to an NFC-compliant apparatus.This helps companies as users can direcly connect to applications and make payments via netbanking or cards by loggng into applications and linking them to bank accounts.PCI-dss makes sure these are confidential and only users with the right username and password can contact with the bnk using one time passwords so that the transactions are secret and done in a right manner.

2.BYOT->Bring your own technology helps students and teachers to bring their own personal electronic devices at work.It helps students in a very bg way.For example students bring ipads and mobile phones and can connect to university applications and then study directly from the university blackboard where the same presentation are loades into the app which the teacher is teaching in the class.It helps them conentrate in a better way rather than looking up at the board again and again.It helps in the consumerization of information technology as it provides users with the choice to choose the device which they like or want and helps in performing their day to day tasks by working using devices,performing money transactions,study,teach, .