The Credit Card: Private Trouble and Public Issues

The Credit Card: Private Trouble and Public Issues

Introduction

When Heartland Payment Systems announced a major breach of its credit card database a few months ago, the company was reportedly compliant with the credit card industry's Payment Card Industry Data Security Standard (PCI) designed to prevent such problems (Walker, Spohn & DeLone, 2004). It was the second major breach of a PCI-compliant company in two years, raising questions about whether the standard is set high enough to make card processors achieve a meaningful level of security.

Discussion

It isn't yet entirely clear what kind of malware was placed ...