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Payment Security Compliance Takes a Turn for the Worse
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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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