Security Response

The PCI Security Standards Council has released a summary of changes and clarifications for version 1.2 of the PCI-DSS standard, which is scheduled for release on October 1, 2008. In an effort to combat the growing problem of card theft, the Payment Card Industry Data Security Standard has been established to ensure that through the use of imposed regulations, compromises of customer card data will not be easily possible. Virtually anyone wishing to handle or process customer card data is familiar with these regulations and probably equally aware of the costs associated with achieving and maintaining PCI compliance. For some people, security is difficult to invest in. You spend a lot of money on something, and you may feel like you don't receive any tangible or perceptible benefit afterwards. You may have even been forced to change some aspects of your business in order to adopt processes that feel less efficient. However, several retailers are now facing serious repercussions from...