Retailer PCI Rebellion: 'No More Storing Credit Card Numbers' (Dark Reading)
[Posted October 5, 2007 by jake]
Dark Reading has a
a report on
storing credit card numbers, with the National Retail Foundation
advocating that retailers not be forced to store them. "
'Data
breaches have continued to occur at an unacceptable rate. There have been
numerous instances of hackers targeting sophisticated retail computer
systems that store or process credit card data, stealing the data and then
using it to commit fraud,' he said. '[PCI] is a valiant attempt to prevent
large stockpiles of credit card data from getting into the wrong
hands. However, it is unlikely PCI will ever be able to keep pace with the
continually-evolving sophistication of the professional hacker, or
anticipate every possible variation of future attacks. We believe the time
has come to rethink the assumptions behind PCI.'"
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