April 16, 2005

Data Security Heats Up

security.gifIn light of recent incidents of identity theft, retailers are rushing to meet stricter computer-security standards for their consumer data by June 30. The deadline was set by a group of credit card associations, including VISA USA and MasterCard International, and merchants that don't comply could face penalties as high as $500,000. Article on WSJ
Related: Currently, no federal regulation governs the personal data collection industry, and it's time tough legal standards were created, says BusinessWeek columnist Stephen H. Wildstrom. BusinessWeek

Posted by keefner at April 16, 2005 04:12 PM