Security Statement
Lakeshores Management (NSW( Pty.Ltd. (hereafter named Lakeshores) complies with the standards imposed on the industry by major card issuers such as Visa and MasterCard. The Payment Card Industry (PCI) Data Security Standard (DSS) is a set of guidelines developed to help organisations that process credit card payments prevent credit card fraud, hacking and various other security issues. A company processing, storing, or transmitting credit card numbers must be PCI DSS compliant or they risk losing the ability to process these payments.
The PCI DSS, a set of comprehensive requirements for enhancing payment data security, was developed by the founding payment brands of the Payment Card Industry Security Standards Council, including American Express, JCB, MasterCard and Visa, to encourage the broad adoption of consistent data security measures around the world.
The PCI DSS is a security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. This comprehensive standard is intended to assist organisations proactively protect their customer's information.
The core of the PCI DSS is a set of principles and accompanying requirements around which the specific elements of the Data Security Standards are organised:
Build and Maintain a Secure Network
Protect Cardholder Data
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Requirement 3: Protect stored cardholder data
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Requirement 4: Encrypt transmission of cardholder data across open, public networks
Maintain a Vulnerability Management Program
Implement Strong Access Control Measures
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Requirement 7: Restrict access to cardholder data by business need-to-know
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Requirement 8: Assign a unique ID to each person with computer access
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Requirement 9: Restrict physical access to cardholder data
Regularly Monitor and Test Networks
Maintain an Information Security Policy