Item - 2020.PA20.3
Tracking Status
- This item was considered by Toronto Parking Authority on December 14, 2020 and was adopted without amendment.
PA20.3 - New Policy Resolutions for Payment Card Industry Data Security Standard Compliance
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Board of Directors of Toronto Parking Authority:
1. Approved two new policy resolutions:
1. Policy Resolution 5-14: Protect Credit Cardholder Data; and
2. Policy Resolution 4-34: Visitor Policy; and
directed staff to enact these Policy Resolutions as approved.
Origin
Summary
The Payment Card Industry Data Security Standard is a set of security standards designed to ensure that all companies that accept, process, store or transmit credit card information maintain a secure environment.
Toronto Parking Authority is seeking to certify as a Level 1 Merchant in order to continue working with major payment card brands. A requirement is to develop and implement policies to protect cardholder data.
This report seeks the Board's approval of two new policies:
- Policy Resolution 5-14: Protect Credit Cardholder Data; and
- Policy Resolution 4-34: Visitor Policy.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/pa/bgrd/backgroundfile-159072.pdf