What is the main goal of PCI DSS?

The primary goal of the Payment Card Industry Data Security Standard (PCI DSS) is to reduce card fraud. This standard was established to protect cardholder data and ensure that businesses that process, store, or transmit credit card information maintain a secure environment. By adhering to PCI DSS requirements, organizations can significantly decrease the risk of data breaches and fraud, thereby safeguarding sensitive payment information.

The emphasis on security protocols and the implementation of stringent measures helps to build a more secure payments landscape, thus directly addressing the issue of card fraud. As merchants and payment processors comply with PCI DSS, they contribute to the overall integrity of the payment system, which benefits all stakeholders involved, including consumers, businesses, and financial institutions.