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⍰ ASK What role did the introduction of the Payment Card Industry Data Security Standard (PCI DSS) play in securing electronic payments in the U.S.?

Introduced in 2004, made a big difference in keeping electronic payments safe in the U.S. It set out clear security rules for organizations handling credit card transactions. The goal was to make sure data stays protected, reduce the chance of breaches, and keep sensitive payment info secure.

PCI DSS created a standard way of doing things, making sure everyone in the payment industry follows similar security measures. Following these standards became a must for anyone dealing with electronic payments. This helped create a sense of responsibility and carefulness in handling customer data.
 

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