New PCI Stats Show First Time Drop In Level 1 Compliance
Written by Evan SchumanMay 26th, 2010
New PCI DSS compliance stats for the U.S. released by Visa on Monday (May 26) showed—for the first time—a drop in the compliance rate for Level 1 retailers, albeit a tiny one, from 96 percent to 95 percent. But it's significant in that Level 1—the largest chains in the Visa empire—has always shown a steady increase and, at worst, a plateau.
The exact number of retailers in Level 1 was 360 chains in the figures released this week, which is the exact same number that Visa reported last month. Last month's report covered activity through Dec. 31, 2009, and this week's figures are current as of March 31, 2010. Those results suggest that four of last year’s compliant chains no longer are, bringing the number of non-PCI-compliant major chains up to about 18.
This Story Is Only Available For Premium Subscribers. Click Or Login In Below To Read The Rest Of This Story.
Already a Subscriber? Login Here
Leave a Reply
Readers, specifically those who want to comment on a story:
Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
