Data Security in the Age of Credit Card Breaches

January 14, 2015 by Bonnie D. Graham 0

The buzz: Credit cards       

With the recent headline-topping credit card breaches at Target and Adobe, merchants are on high alert to safeguard their systems.

Why? A data breach can cost a merchant dearly in terms of lost customers, diminished profits, a forever-tarnished reputation, and substantial fines.

Reality check: Are merchants proactive or reactive about PCI (Payment Card Industry) compliance and security standards? And how easy is it for hackers to find unprotected access via merchants’ vulnerabilities? 

The experts speak.

Richard McCammon, Delego: “If you can keep your head when all about you Are losing theirs and blaming it on you…Yours is the earth…” (Rudyard Kipling poem, “If”)

Hillel Zafir, HMS Technology Group: “If it happens once it’s ignorance, if it happens twice it’s neglect, if it happens three times it’s policy.” (Popular project management “truth” – unattributed)

Frank Richter, SAP: “Compliance with PCI DSS means your systems are secure and customers can trust you with their sensitive payment card information.” (PCI Security Standards Council)

Tune in for our roundtable discussion on Data Security in the Age of Credit Card Breaches.

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