Policymakers address cyber-crime and credit card security

A North American PCI Community Meeting taking place in Orlando, Florida, this week from September ninth through the 11. This is the first meeting that's been held since the reveal of the 3.0 version of PCI DSS in January of this year. 

Security experts are expected to address the recent string of breaches that has been plaguing the nation, in hopes of coming up with standards that are both realistic and will effectively protect consumers' private information. Tracy Kitten, author of The Fraud Blog, notes, "I suspect much more will be discussed regarding the need for layers of security – a point the PCI Council has been preaching for the last three years. For ongoing card data protection, the council has repeatedly stressed the need for EMV, tokenization and encryption." 

The U.S. has been unfortunately slow to adopt EMV technology, which may be the only way for security to outpace cyber-attacks. 

Congress is also in session this week, but is not expected to address issues of cybersecurity before adjourning towards the end of the month in advance of the fall election. This may seem strange since the American economy has been taking a hit as a result of large-scale breaches, but cybersecurity simply isn't an election issue. As a result, it's being pushed to the back burner while other national and international problems are considered. 

Larry Clinton, president of the Internet Security Alliance, comments, "People have heard about cybersecurity — and don't like the breaches — but they don't feel like they understand it or have a strong opinion as to what to do about it. So, they are [not] pressuring their elected representatives to take action, because they are not sure what action to take."

It is certain to become an issue of more immediate concern, however, as more big business are hacked. Make sure your company is protected with superior credit processing software

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