On March 31, 2022, the Payment Card Industry (PCI) Security Standards Council released version 4.0 of the Data Security Standard (DSS), updating what has been a long-running standard that needed some refreshing based on the newest technologies on the market. The increased focus on eCommerce and reliance on mobile devices has introduced several major security threats to consumers and merchants, and version 4.0 serves as the PCI DSS way of addressing them.

Merchants and credit card processors don’t, as of yet, need to update their infrastructure to 4.0 standards, but with the release of the initial documentation, the clock for meeting new compliance standards is ticking.