Fergie's Tech Blog

In 2005, Visa Agreed To Give TJX Until 2009 To Get PCI Compliant

Evan Schuman writes on StorefrontBacktalk:

Back in late 2005, Visa knew of the extensive security problems at TJX but decided to give the retailer permission to remain non-compliant through Dec. 31, 2008, according to documents filed in federal court Thursday.

The Dec. 29, 2005, letter from Joseph Majka, a fraud control vice president for Visa, was written months after cyberthieves had already secretly infiltrated TJX's systems, starting the work that would ultimately become the worst data breach in credit card history.

posted by Fergie @ 11/09/2007 12:28:00 PM