In a recent column for Network World, writer Craig Mathias says that businesses need to make the proper security arrangements if consumer’s data was to be kept safe.
There are guidelines that all merchants can follow, put out by the Payment Card Security Standards Council with its Data Security Standards. He writes that by carefully studying the documents, those involved in the merchant services field.
“If you’re involved in security of any form, the PCI DSS standards are worth a look,” he wrote. “The V 2.0 document is 74 pages long and chock full of interesting details. Many of the requirements are great ideas all by themselves, and much of what’s here is applicable to any industry, not just payment cards. Those elements that pertain to card data, like data retention, encryption, and such, are fine as is.”
Merchants will be trying to prevent issues of theft, such as the one uncovered in New York City. The New York Police Department stated that it had uncovered a stolen credit card ring that caused $13 million in damages.Back To Blog