The PCI Security Standards Council was formed in 2006 by five major card companies to manage the ongoing evolution of PCI DSS. PCI DSS forms a comprehensive set of security requirements designed to ensure that all organisations that process, store, or transmit credit card information maintain a secure environment.
On 31 March 2022, PCI DSS version 4.0 was released. Further, on 11 June 2024, PCI DSS version 4.0.1 was published with certain additions in 4 requirements and the appendix section of the older version. This is currently the latest version of the requirements. Organisations are required to comply to requirements of this version by 31 March 2025.