Skip to main content

new-incentives-for-pci-compliance-from-visa

Visa's CEO hinted during a keynote speach that Visa may be looking at increasing incentives for PCI compliance.

Coghlan’s reference to incentives for compliance with the Payment Card Industry data-security standard follows a year that saw major hacker breaches of databases containing sensitive card information, including PINs for debit cards. “We need to do a better job with data security,” Coghlan said.

Visa must know that by requiring PCI for only the largest merchants and processors, attacks will be pushed to smaller players, who can't afford the cost of a full PCI audit. One way to reduce costs would be to incent developers to write more secure code:

Visa is looking to "make it financially attractive" for software developers to write secure applications, said John Coghlan, who was named president and CEO of the Foster City, Calif.-based company in July.

If you can incent the developers to write more secure code, that would be part of the problem, but only a part.

Current rating: 1

Recent Posts

Archive

2024
2022
2021
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008

Categories

Tags

Authors

Feeds

RSS / Atom