PCD SECURITY STANDARDS Clause Samples
The PCD Security Standards clause establishes the minimum security requirements that must be followed to protect payment card data (PCD) handled by the parties. Typically, this clause mandates compliance with recognized industry standards such as the Payment Card Industry Data Security Standard (PCI DSS), requiring measures like encryption, access controls, and regular security assessments. Its core function is to ensure that sensitive payment card information is safeguarded against unauthorized access or breaches, thereby reducing the risk of data theft and ensuring regulatory compliance.
PCD SECURITY STANDARDS. The stricter of the industrial automation and control systems security specifications, standards and practices that are internationally recognized as being sufficient to safeguard PCD INFRASTRUCTURE, such as the NIST Framework for Improving Critical Infrastructure Cybersecurity or IEC 62443 – Security for Industrial Automation and Control Systems and COMPANY’s standards as listed in APPENDIX 1 of this AGREEMENT, as amended from time to time, which specifies requirements and gives recommendations for PCD security of control and automation systems during the access by CONTRACTOR GROUP of the COMPANY PCD INFRASTRUCTER and the performance of the PCD SERVICES by CONTRACTOR. PCD SERVICES the INTEGRATION SERVICES and/or the MAINTENANCE SERVICES SECURITY INCIDENT any event that (a) disrupts the expected standard operation, (b) causes denial of operation or (c) inappropriate access to or use of any PCD service, facility, data or system caused by system failure or human error. WORKSITE will have the meaning ascribed thereto in the CONTRACT.