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You better watch out, PCI DSS is under the tree
Consumer Reports estimates that in the United States, some 62 million adults plan to go shopping nationwide on Black Friday, the day after Thanksgiving that has become synonymous with the start of holiday shopping season. Reuters says that "consumer spending accounts for some two-thirds of U.S. economic activity, and the holiday season typically accounts for about one-fourth of retailers' annual sales." That is alot of retail transactions happening between now and the close of 2006. Just how safe is credit card data in this watershed bliss for retailers?
It might not be safe enough for to meet compliance mandates set forth by credit card companies. PCI DSS is now a reality for many of those retailers whose customers are lining up to get into the stores when they open tomorrow. And, the noose is tightening and how... Just last month Visa reportedly took aim at the nation's largest merchants with fines that start at $10k per month.
Protecting stored data, and being able to prove that you properly secured that data is of vital importance in avoiding big fines. Effectively collecting, alerting, securely storing, searching, and reporting 100% of your log files can help ensure PCI compliance -- continuously. On December 6 we will be hosting a webcast to help give you a playbook to get compliant before those packages are even wrapped under a tree or next to your menorah this holiday season. Register here.Posted November 23, 2006 in Log Management & Intelligence , Risk Management , Security | Permalink
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