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Enough With The PCI Finger Pointing Already

Written by Todd L. Michaud
July 12th, 2010
When it comes to PCI compliance, Franchisee Columnist Todd Michaud is sick and tired of everyone pointing fingers at someone else. Nobody wants to be in the line of fire when (not "if") a breach happens. As a result, they spend most of their energy trying to figure out how to avoid liability rather than actually addressing the problem.

The majority of credit card breaches in 2009 were with Level 4 Merchants (under a million Visa transactions). Very few of these small merchants understand PCI compliance. Even fewer are actually compliant. Only a handful of small merchants are actually secure (at least relatively). Everyone in the payments ecosystem knows it is a huge problem, the 800-pound gorilla in the room. But no one has an answer.

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Posted in Payment Systems, Premium Content, Security/Fraud
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