How often does the governance of PCI-DSS run for updates and amendments?

The governance of PCI-DSS (Payment Card Industry Data Security Standard) runs on a three-year cycle for updates and amendments. This timeframe allows the PCI Security Standards Council to evaluate and incorporate new technological advancements, industry trends, and emerging threats to cardholder data security. The three-year period not only encourages feedback from stakeholders within the payment industry but also ensures that the standards remain relevant and effective in addressing current security challenges. This cycle includes a thorough review process to ensure that any revisions improve the security posture while also maintaining the balance between compliance ease and enhanced security measures. Regular updates are crucial for maintaining robust protection against data breaches and fraud in an ever-evolving risk landscape.