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Credit card security remains pressing issue for merchants

December 13, 2011

Keeping credit card data safe and secure is one of the most important issues for any merchant these days.

Keeping credit card data safe and secure is one of the most important issues for any merchant these days. In one recent case, a man from California was the victim of two different schemes that put his financial well-being in jeopardy.

The Mercury News reports Bill Cory, a San Jose resident and restaurateur, was first told that he had been one of 500 people targeted in a credit card-skimming crime ring at a Lucky supermarket. Later, he was sent a letter from a major restaurant supply telling him that his information may have been exposed as part of scheme by a Russian crime syndicate.

According to many experts, while implementing security initiatives, such as PCI compliance, can help protect data, there is no way to guarantee that all information stays out of the hands of the wrong parties.

“There’s no way you can 100 percent protect yourself from an incident,” said James Aquino in an interview with the newspaper. “It’s really a question of when, and to what extent.” 

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