14th PCI London
A rash of data breaches across the hotel, restaurant and retail sectors in the US – including a hack of the Oracle MICROS point-of-sale system and five other POS vendors has reminded us all that payment and card security is still the front line of cyber-security. PCI DSS is still the only specific standard against which merchants can benchmark the security of credit card data wherever it resides across the enterprise. Interestingly, firms with poor compliance have been shown to have poor governance across the whole business. So PCI DSS compliance is part of good Corporate Governance itself. And with shareholders now publicly shorting the stocks of companies who have suffered data breaches, there is a new, board-level urgency to making sure customer personal data stays safe.