it is simply part of the cost of doing business in that market. A.k.a. wasted money. Truth be told, I'm no fan of PCI. Other companies get the same functionality (accept the storage of credit cards) without worrying about PCI/DSS (e.g. through Payment Gateways). In the end, as a service, what do I want, an inventory of credit cards, or a stable payment system? The later I guess. As to security, it totally depends on implementation; one can handle credit cards without the need of standards compliance.
My two cents. Regards, Christian Sciberras. On Fri, Apr 23, 2010 at 6:07 PM, Thor (Hammer of God) <[email protected]>wrote: > Another thing that I think people fail to keep in mind is that when it > comes to PCI, it is part of a contractual agreement between the entity and > card facility they are working with. If a business wants to accept credit > cards as a means of payment (based on volume) then part of their agreement > is that they must undergo compliance to a standard implemented by the > industry. I don’t know why people get all emotional about it and throw up > their hands with all the “this is wasted money” positioning – it’s not > wasted at all; it is simply part of the cost of doing business in that > market. > > > > t > > > > *From:* [email protected] [mailto: > [email protected]] *On Behalf Of *Christopher > Gilbert > *Sent:* Thursday, April 22, 2010 4:48 PM > *To:* Mike Hale > *Cc:* full-disclosure; [email protected] > *Subject:* Re: [Full-disclosure] Compliance Is Wasted Money, Study Finds > > > > The paper concludes that companies are underinvesting in--or improperly > prioritizing--the protection of their secrets. Nowhere does it state that > the money spent on compliance is money wasted. > > On Wed, Apr 21, 2010 at 5:44 PM, Mike Hale <[email protected]> > wrote: > > I find the findings completely flawed. Am I missing something? > > > > _______________________________________________ > Full-Disclosure - We believe in it. > Charter: http://lists.grok.org.uk/full-disclosure-charter.html > Hosted and sponsored by Secunia - http://secunia.com/ >
_______________________________________________ Full-Disclosure - We believe in it. Charter: http://lists.grok.org.uk/full-disclosure-charter.html Hosted and sponsored by Secunia - http://secunia.com/
