Retailers ignore security plan
Miya Knights writes in Computing:
Two months after the deadline for a new credit card security standard to safeguard consumer data, more than half of retailers are even aware of its existence, according to research.
A survey of nearly 100 retailers reveals that 73 per cent have taken no action to put the Payment Card Initiative (PCI) in place, with 55 per cent not even aware of the standard.
The initiative covers data encryption for the transmission and storage of credit card transaction data, and makes retailers and card providers liable for any loss of that information.
posted by Fergie @ 9/21/2005 08:06:00 AM
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