Details remain sketchy regarding Monday's announcement of 4.2 million credit card and debit cards exposed at a Maine-based supermarket chain. However, public comments made by Ronald Hodge, CEO of Hannaford Supermarkets, suggest that even with recent improvements in payment card transaction security, there may be holes.
The standards organization, PCI Security Standards International, was founded by American Express, Discover Financial Services, JCB, MasterCard Worldwide, and Visa International. In October 2007, they implemented the PCI Data Security Standard (PCI DSS), which includes, among other things, network specifications. Dr. Neal Krawetz of Hacker Factor Solutions said that PCI DSS allows … Read more