Payment Card Data Transmission Security Policy

Purpose:

The purpose of this policy is to establish security measures for the transmission of payment card data that OYTFIT will follow to protect the confidentiality, integrity, and availability of payment card information during the payment process. This policy applies to all employees, contractors, and vendors who process, store, or transmit payment card information on behalf of OYTFIT.

Scope:

This policy covers the use of payment cards, including credit and debit cards, and the transmission of payment card data through the OYTFIT website or other payment systems used by OYTFIT, such as Stripe and PayPal.

Policy:

  1. Encryption of payment card data during transmission: All payment card data transmitted through the OYTFIT website or payment systems must be encrypted using strong encryption methods such as SSL/TLS or HTTPS. The encryption keys must be kept secure and up-to-date.

  2. Secure transmission of payment card data: All payment card data transmitted through the OYTFIT website or payment systems must be sent over secure network connections. Secure network connections can be established by using SSL/TLS or HTTPS. The use of unsecured networks or public Wi-Fi to transmit payment card data is strictly prohibited.

  3. Access controls: Access to payment card data during transmission must be restricted to authorized personnel only. Access must be granted on a need-to-know basis, and all access to payment card data must be logged and monitored.

  4. Two-factor authentication: Two-factor authentication must be used to ensure that only authorized personnel are able to access payment card data during transmission.

  5. Policies and procedures: All employees who handle payment card data must be trained on the risks associated with the transmission of payment card data and must be familiar with this policy. OYTFIT must establish policies and procedures that ensure compliance with this policy.

  6. Payment Processor Compliance: OYTFIT must ensure that Stripe and PayPal are Payment Card Industry Data Security Standard (PCI DSS) compliant and are following industry standards for the secure transmission and handling of payment card data.

  7. Third-party vendor compliance: Any third-party vendor that OYTFIT uses to process, store, or transmit payment card data must be PCI DSS compliant and must follow industry standards for the secure handling of payment card data.

Enforcement:

OYTFIT will take appropriate disciplinary action against any employee, contractor, or vendor who violates this policy or fails to comply with its requirements. All employees, contractors, and vendors must report any suspected violations of this policy to OYTFIT management.

Revision:

This policy will be reviewed and updated on an annual basis to ensure that it remains current and in compliance with the latest industry standards and regulations.