Internal auditors will soon be playing a larger role in ensuring the security of credit card information.
Last month, in response to an inquiry from the Institute of Internal Auditors, MasterCard Worldwide decided that beginning in June 30, 2011, merchants that process more than 6 million credit card transactions annually can use internal auditors to conduct annual on-site assessments of their compliance with the industrys data security standards.
Auditors need to have obtained training and certification in the Payment Card Industry Security Standards Councils Data Security Standards in order to qualify. The council intends to offer the training and accreditation to internal auditors this year and will share additional information as the program develops.
For more information, visit www.theiia.org.
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