Is the pot or the kettle black?

Visa allowed TJX to remain non-compliant even though the credit card company knew about major security problems.



Credit card company Visa knew in late 2005 of the extensive security problems at TJX, but decided to give the retailer permission to remain non-compliant through Dec. 31, 2008, according to documents filed in federal court on Nov. 8.


The Dec. 29, 2005, letter from Joseph Majka, a fraud control vice president for Visa, was written months after cyber-thieves had already secretly infiltrated TJX's systems, starting the work that would ultimately become the worst data breach in credit card history.

source:
http://www.eweek.com/article2/0,1759,2215022,00.asp?kc=EWRSS03129TX1K0000614

Trackbacks

Trackback URL for this entry is: http://blog.case.edu/lou.changeri/mt-tb.cgi/16074

Comments

Post a comment





If you have entered an email address in the box, clicking this checkbox will subscribe your email address to this entry so that you are notified if any updates or additional comments occur on the entry.