Verizon warns 4 in 5 retailers vulnerable to credit card theft
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.
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.