Latest Breach May Force a New Approach to Data Security

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(January 22, 2007) The latest and possibly biggest in a series of hacks into retailer and processor databases holding sensitive data about credit and debit card holders may indicate that it’s time for a new approach to card security, according to at least one analyst. That calls into question the effectiveness of the card industry’s effort to establish its much-ballyhooed Payment Card Industry (PCI) data standards in the retail community.

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