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Washington And PCI Are A Terrifying Combo

Written by David Taylor
April 8th, 2009
The fallout continues from last month's U.S. congressional hearings about PCI. GuestView PCI Columnist David Taylor has been talking with retailers and about one third of the PCI managers are beginning to sense that their upper management will use these hearings, and the breaches of Heartland and RBS WorldPay, as excuses to cut PCI compliance spending.

Even worse, they plan to use those events as reasons to generally back off from their security focus, based on the assumption that Visa and their acquirer are playing defense and won't issue fines while they are under such close government scrutiny. This is absolutely the wrong conclusion.

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Posted in IT Strategy/Industry, Payment Systems, Premium Content, Security/Fraud
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One Comment | Read Washington And PCI Are A Terrifying Combo

  1. Payment Gateway Says:
    April 8th, 2009 at 5:54 pm

    Hopefully we can all work together to solve the issues before the government takes a more active role on these issues.

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