Compliance For Compliance Sake: Not A Best Practice In Protecting Cardholder Data

The threat is real, and collectively, retail's defenses are weak. We're talking about payment card holder data security, and according to Visa, only 40% of those it classifies as levelone retailers (those conducting 6 million or more card transactions per year) are compliant. The midmarket fares no better, with Visa counting only 16% of its level-two retailers (those conducting between 1 and 6 million card transactions per year) compliant.