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Bust Exposes PCI Challenges

By Vigilize | Monday, July 9, 2012 - Leave a Comment

According to a post by Dark Reading, the international takedown that resulted in 24 arrests for credit card fraud illustrates problems inherent in the Payment Card Industry Data Security Standard (PCI DSS).

Customer Awareness is a Piece of the Puzzle!

The two-year operation, dubbed Operation Card Shop, revealed that cards from 47 different institutions were compromised. It also underscores the need “to move beyond check-the-box regulatory compliance.” Some have questioned whether the breached entities will face fines from the PCI Council as a result. Still others say that while news of the arrests is positive, they ultimately will not have an effect of the amount of credit card fraud that is occurring.

This article concludes by stating that there are “weak links at the endpoint.” That is where a good Customer Awareness program comes into play.

For additional information, read the rest of the article posted by Dark Reading:     FBI Credit Card Ring Bust Exposes PCI Challenges

 

Posted in Article Reviews, Customer Awareness Kit, Risk Management

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