Wednesday, March 19, 2014

9:55 AM
"Target was certified as meeting the standard for the payment card industry in September 2013. Nonetheless, we suffered a data breach." Those words by Target Chairman, President, and Chief Executive Officer Gregg Steinhafel affirmed what security experts know as gospel: Compliance does not equal security. "Just because you pass a PCI audit does not mean that you're secure," said Eric Chiu, president and founder of HyTrust. "Clearly we saw that in the Target scenario." PCI standards can suffer from a common regulatory affliction.


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