Thursday, October 21, 2010
by sms
This post talk about Verizon warns 4 in 5 retailers vulnerable to credit card theftBy: Joe Taylor
Since 2006, the Payment Card Industry Data Security Standard (PCI DSS) has helped merchants and credit card issuers lock down retail terminals and e-commerce networks against identity thieves. However, a new report from Verizon indicates that only one in five businesses passed a PCI DSS inspection on the first try.
The communications company maintains the data lines connecting retailers to credit card payment platforms. Researchers used a sample of the assessments collected at 200 of Verizon's client sites during 2008 and 2009 to reach their conclusions. Although the 22% compliance rate sounds discouraging, ongoing reports indicate that most companies comply with 81% of the PCI DSS best practices. In addition, most companies can reach full compliance with guidance from qualified assessors and installers.
