PCI Compliance Under Scrutiny Following Big Data Breaches

CIO Magazine | Oct 22, 2014

As details filter out about the Home Depot hack (and many, many more data breaches), you can’t help but ask: How did this happen – especially when the company was supposed to adhere to specific safety regulations or else lose its capability to process credit card transactions?

That said, PCI standards aren’t perfect against preventing fraud. Mike Lloyd, CTO of RedSeal, a security risk management solutions firm, equates it to signs in bathrooms that tell employees they must wash their hands before returning to work.