http://www.bankinfosecurity.com/articles.php?art_id=1834 Linda McGlasson Managing Editor Bank Info Security October 5, 2009 Months before announcing the Heartland Payment Systems (HPY) data breach, company CEO Robert Carr told industry analysts that the Payment Card Industry Data Security Standard (PCI DSS) was an insufficient protective measure. This is the contention of a new master complaint filed in the class action suit against Heartland, which in January announced a data breach that is now estimated to be the largest known hack, involving 130 million credit and debt card accounts. In a November 2008 earnings call, according to the complaint, Carr told analysts, "[We] also recognize the need to move beyond the lowest common denominator of data security, currently the PCI DSS standards. We believe it is imperative to move to a higher standard for processing secure transactions, one which we have the ability to implement without waiting for the payments infrastructure to change." Carr's comment confirms that the PCI standards are minimal, and that the actual industry standard for security is much higher, the complaint alleges. "Heartland executives were well aware before the Data Breach occurred that the bare minimum PCI-DSS standards were insufficient to protect it from an attack by sophisticated hackers," the document says. [...] ________________________________________ Did a friend send you this? From now on, be the first to find out! Subscribe to InfoSec News http://www.infosecnews.orgReceived on Wed Oct 07 2009 - 02:33:10 PDT
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