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Payment Security Compliance Takes a Turn for the Worse
Threaded  |  Newest First  |  Oldest First
RyanSepe
RyanSepe,
 User Rank: Ninja
9/26/2018 | 9:59:15 AM
financial services (47.9%)
I am not surprised at the decline. The drop from 2016 to 2017 seems negligable. However, what is alarming is how financial services is sitting below 50% for compliance. These are the institutions that we trust to take care of our hard earned money. So that fact that over 50% of them are failing to take best security practices towards compliance is a bit disheartening.
Dr.T
Dr.T,
 User Rank: Ninja
9/27/2018 | 3:01:35 PM
Re: financial services (47.9%)
“However, what is alarming is how financial services is sitting below 50% for compliance.” Yes that does not make sense at all. It should be cat higher than that.
Dr.T
Dr.T,
 User Rank: Ninja
9/27/2018 | 3:02:55 PM
Re: financial services (47.9%)
“These are the institutions that we trust to take care of our hard earned money. ” Yet they are the one not protecting it. The punishment may not be enough in my view.
Dr.T
Dr.T,
 User Rank: Ninja
9/27/2018 | 3:03:58 PM
Re: financial services (47.9%)
“So that fact that over 50% of them are failing to take best security practices towards compliance is a bit disheartening.” As long as they protect themselves with an insurance they would not bother I would say.
Dr.T
Dr.T,
 User Rank: Ninja
9/27/2018 | 3:00:31 PM
Worse?
I do not understand it could be worse first time in last six years, it was already worse, we keep hearing breached of credit cards.
Dr.T
Dr.T,
 User Rank: Ninja
9/27/2018 | 3:05:59 PM
IT 78%?
“IT services had the highest levels of compliance (77.8%),” Even IT is not enough in my view, this number should be way beyond 90% as they are supposed to know the trouble well enough.


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