How to Prepare for PCI PCIP3.0 Exam
PCI-PCIP3.0
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Preparation Guide for PCI PCIP3.0 Exam
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Introduction
The Payment Card Industry (PCI) applies to credit, debit, prepaid, e-purse, ATM, and POS cards and related firms. The Payment Card Industry consists of all the companies that store, process and transmits cardholder’s data, particularly for the credit cards and debit cards. The Payment Card Industry Security Standards Council develops the Payment Card Industry Security Standards that are used all over the industry. Individual card brands develop regulatory standards that are used by service providers and provide their regulatory systems. China UnionPay, American Express, MasterCard, Japan Credit Bureau, Visa and Discover Financial Services are some major card brands in the world. Members banks connect and allow transactions from the card brands and thus are used by many organizations. However, few card brands do not use member banks for instance American Express, instead of using member banks they operate as their banks.
The objective of the Payment Card Industry Security Standards Council (PCI SSC) is to improve the security of the global payment account data by developing standards and supporting services that drive education, awareness, and effective stakeholder implementation. The Payment Card Industry Data Security Standard is an information security standard for the companies that control cards from different brands. The Payment Card Industry Security Standards Council administers the Payment Card Industry Standards and is mandated by the card brands. To decrease credit card fraud the Payment Card Industry Standards were created to increase regulations around cardholder’s data.
Introduction to PCI PCIP3.0 Exam
The Payment Card Industry Professional PCIP3.0 Exam is an entry-level certification exam for individuals and provide them with the tools to help them build a secure payment environment for their companies. Getting PCI Professional certification indicates a degree of awareness that can establish a strong base for a career in the industry of payment security. Any changes in employment assignments do not affect this professional certification and it will stay effective as long as the employee continues to fulfil the requirements. This PCI Professional certification also lays a great foundation for the Payment Card Industry certifications.
The Payment Card Industry Professional training course is designed for those industry professionals who want to showcase their technical knowledge and understanding of the Payment Card Industry Data Security Standard (PCI DSS). Becoming Payment Card Industry Professional will help you gain knowledge of the Payment Card Industry specification and the knowledge can be implemented to your company. No matter your employer, this fundamental credential remains with you. In short, this course explains the Payment Card Industry Standards and provides you with the tools to develop a secure payment environment and help achieve Payment Card Industry compliance for your company.
PCI PCIP3.0 Certification Path
The Payment Card Industry Professional Certification will help you understand the Payment Card Industry Standards used in the world to increase the regulations around the cardholders data and decrease the credit card fraud.
PCIP certification applicants must be familiar with background details about the PCI Requirements and supporting documentation by reviewing the content on the website of the PCI SSC. Candidates should have a strong level of knowledge of PCI Standards and PCI DSS. Therefore it is highly recommended to pay special attention to PCI DSS and Security evaluation procedures before taking the PCI PCIP3.0 exam.
To get the PCI PCIP3.0 certification, candidates have to apply first and submit an online application and pay the Exam fees. Candidates should have a basic level of understanding and comprehension of network security, IT, network architecture and payment industry participants. Candidates have to send their resume showing at least 2 years of experience in an IT or related position. PCI SSC holds the right to refuse any applicant if the PCI SSC finds that the applicant does not meet the PCIP Program requirements or has engaged in any misconduct that would have caused PCI SSC to suspend the PCIP status within two years before the date of the application.
A Code of Professional Responsibility has been embraced by PCI SSC to make sure that the highest standards of ethical and professional conduct are followed. Candidates have to agree to adhere and support the Code.
Once your application is approved, candidates have to attend the PCIP course, either a self-paced online course or one-day instructor-led training class delivered by PCI trainer. Is highly recommended for those who are new to the PCI DSS that they should attend the instructor-led training. Participants are highly encouraged to prapare from the PCIP3.0 practice exams. After completing the training course, candidates are required to take the PCIP Exam through a local PearsonVue Testing Center. The test must be scheduled within the 30 days of the candidate being given the information about how to schedule the exam and must be completed in one sitting. Candidates will get the results as soon as they complete their exam. Those candidates who couldn’t pass the exam can retake the exam by paying retake fee within 1 year. In case of failure on second attempt or applying for retake after 1-year candidates will have to pay the complete fee of the course as well. Those candidates who met all the eligibility and exam requirements will get active PCIP status and a unique number by PCI SSC. Each PCIP will be awarded an electronic certificate.
Average Salary for PCI PCIP3.0 Exam Certified Professional
PCI Professional roles are in great demand nowadays. The average salaries of PCI PCIP3.0 Exam Certified professional in:
- India - 77,21,000 INR
- United State - 103,580 USD
- Europe - 87,500 Euro
- England - 78,600 POUND
What is the duration, language, and format of PCI PCIP3.0 Exam
- This exam consists of 75 questions
- There is a time limit of 90 minutes for the exam
- This exam is offered in only English
- The type of questions is Multiple Choice Questions
- Certification Validity period : 3 years
How much PCI PCIP3.0 Exam Cost
The price of the PCIP Training course and ability to take the exam once is $2500 USD for non-participating organization and $1550 USD for participating organizations. Whereas the price of the only Exam is $1550 USD for non-participating organization and $900 USD for participating organizations. PCIP3.0 practice tests are free of cost. For more information related to the PCI PCIP3.0 Exam please visit PCI Website.
Topics of PCI PCIP3.0 Exam
PCIP Course outlines the PCI Standards and helps the candidates achieve the abilities to build a secure payment environment for their companies to help them achieve PCI compliance. Following are some of the topics included in the course and exam:
- Principles of PCI DSS, PA-DSS, PCI PTS, and PCI P2PE Standards
- Understanding of PCI DSS requirements and intent
- Overview of basic payment industry terminology
- Understanding the transaction flow
- Implementing a risk-based prioritized approach
- Appropriate uses of compensating controls
- Working with third-parties and service providers
- How and when to use Self-Assessment Questionnaires (SAQs)
- Recognizing how new technologies affect the PCI (e.g. virtualization, tokenization, mobile, cloud)
How to Study the PCI PCIP3.0 Exam
Before appearing for the PCIP Exam, candidates should have a good understanding of PCI Standards and supporting documents. The current version of the PCI DSS along with supporting documents can be found in the PCI Document Library. PCIP certification applicants must be familiar with background details about the PCI Requirements and supporting documentation by reviewing the content on the website of the PCI SSC. Candidates should have a strong level of knowledge of PCI Standards and PCI DSS. Therefore it is highly recommended to pay special attention to PCI DSS and Security evaluation procedures before taking the PCI PCIP3.0 exam. After all the necessary study, PCIP3.0 practice tests are must to be attempted to ensure good grades.
Difficulty in Writing of PCI PCIP3.0 Exam
Oracle Certified Expert, Oracle Database 12c: RAC and Grid Infrastructure Administrator Certification is not the most difficult Oracle certification test but taking it without any preparation is likely to fail. Therefore it is highly recommended that candidates should prepare well by PCIP3.0 exam dumps. Any questions that are left unanswered will be treated as incorrect therefore you should answer all the questions even if you are unsure that which is the correct option, mark the most suitable option as your answer so that any question shouldn’t be left as unanswered. PCIP3.0 dumps help the students to prepare all the content of the exam which is included in the official certification exam.
Candidates should know the PCI DSS inside out. They don’t have to understand stuff like requirement 3.x.x states that etc. However, they should know how to meet the requirement. Candidates should know when to use encryption, strong cryptography, tokenization, masking and hashing as well as the difference between them. Candidates should know precisely when compensating controls are allowed and what is the approval criteria for it.
Who should take the PCI PCIP3.0 Exam
The PCIP certification is intended for professionals in the IT, network security, finance, or e-commerce role focused in the payments industry value chain as well as those in product creation, marketing or sales position who are involved in the development and sale of payment-oriented products. Usual work titles include is IT Manager, IT Security Manager, Compliance Manager, Governance and Risk Manager, Financial Crime and Fraud Manager, E-Commerce Manager, Product Manager and Independent Consultant. However, jobs are limited to only mentioned vacancies.
How to book the PCI PCIP3.0 Exam
If you are looking to appear in the PCI PCIP3.0 Exam, you can do so by submitting an online application, upon approval submit the fee and take the PCIP Training. After taking the course you can schedule the test via an authorized PearsonVue Test Center.
Benefits in Obtaining PCI PCIP3.0 Certification
Becoming a PCI Professional indicates a degree of understanding that can provide a solid base for a career in the payment security industry. Security professionals, managers, executives, sales engineers, application developers, product managers and marketing professionals, independent consultants are few of the many individuals who may be interested in this programme. PCIP status also provides a solid base for potential career advancements to other PCI certifications such as QSA or ISA. By becoming a PCIP, the applicant joins other committed practitioners in pursuing account data security and the atmosphere in which such information is stored, processed or transmitted.
Earning this certification gives you a competitive advantage by developing a skill set that’s in demand in the world. By getting this certification will help you in promotion, increase in wages, or other career improvements.
For more info read reference:
PCI Professional Qualification