Who's Afraid of PCI? No Need For Fear, Just Compliance

Payment Card Industry Data Security Standard

When talking about data breaches and the need for security, whenever credit or debit cards are mentioned, the words "Payment Card Industry Data Security Standards" will appear. This apparently causes many in the financial services and retail industries to reach for that bottle of aspirin and a glass of water.

Retailers such as TJX already know the pain caused by non-compliance. Other retailers should think of taking time to secure their networks after reading the news from TJX that the large (47 million customer accounts compromised) from earlier this year will set TJX back an estimated $150 million.