The TJX Companies, Inc. (NYSE: TJX) may have agreed to pay more than $40 million in a recently-announced settlement with Visa, but the collateral damage might have been significantly worse had the case gone to trial and revealed details of the security/compliance conditions that allowed customer data to be breached....
The TJX Companies, Inc. (NYSE: TJX) and Visa have announced that TJX has agreed to fund up to $40.9 million for payments to certain financial institutions following the much-publicized data breach of its computer systems.
Information Security Media Group recently attended the BAI Retail Delivery Conference 2007 in Las Vegas. Our correspondents covered the expo floor from a vendor point of view, and we spoke with a number of vendors who had products or services specific to information security. In general, the vendors that had some sort...
ELAN WINKLER: If you take a look at just complying with HIPPA as an individual project, and then worry about how you are going to comply with SOX, and then worry about how you are going to comply with PCI, you are doomed to fail. If you look at compliance as an individual project it ain’t going to work;...
Featuring Elan Winkler, Director of Messaging Product Marketing, Secure Computing
Listen to this interview for insights on how to create a "culture of compliance", building the right systems, processes and skills to solidify your regulatory compliance program today - and for the future.
Among the topics...
But More Work Necessary to Secure Customer Data, Confidence If the TJX data breach had not occurred, the increased push by retailers to comply with Payment Card Industry Data Security Standard (PCI-DSS) also may not have happened. This much-publicized incident seems to be the one that has most spurred merchants and...
RICHARD SWART: Hi, this is Richard Swart with Information Security Media Group, publishers of BankInfoSecurity.com, and CUInfoSecurity.com. Today, we will be speaking with Bruce Sussman, the Senior Manager at Crowe Chizek, who has almost 20 years of experience in the banking information security and audit community....
Bruce Sussman, Senior Manager at Crowe Chizek's Risk & Attest Group speaks on meeting the challenges of PCI compliance and stopping data leakage.
Sussman draws upon his extensive experience as a VP of Audit, Fraud and Risk for one of the leading payment card networks and as a thought leader for the PCI compliance...
Two members of the PCI Standards Council who are database security experts say the way to prevent a TJX-type breach from happening at your institution is simple -- be compliant with the Payment Card Industry Data Security Standard.
If you're a small or medium sized financial institution and you've avoided looking at the Payment Card Industry's Data Security Standard, it's still out there waiting. However, according to information security expert Tony Bradley, co-author of the book "PCI Compliance," financial institutions don't have to spend...
Current Protection Practices May Put Information at RiskWhile financial institutions are doing a "better job" than other businesses grappling with the Payment Card Industry's Data Security Standards, there are still compliance questions that need closer examination, according to David Taylor, president and CEO of the...
When talking about data breaches and the need for security, whenever credit or debit cards are mentioned, the words "Payment Card Industry Data Security Standards" will appear. This apparently causes many in the financial services and retail industries to reach for that bottle of aspirin and a glass of water....
Over 3,700 security professionals gathered in Las Vegas early this month to preview the latest threats and to see firsthand what new attacks and compromises are coming. This year’s conference was substantially bigger than last year’s and included significant representation from vendors and the white hat...
The deadline of June 30th has come and gone, and thousands of companies have demonstrated that they are incapable of complying with a set of security guidelines to prevent data breaches and protect credit card data against identity theft. These security guidelines are from the Payment Card Industry (PCI).
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