Doing its bit to fight credit-card fraud

  • TECH
  • Wednesday, 08 Sep 2010

PETALING JAYA: More companies are urged to adhere to the Payment Card Industry Data Security Standard (PCI DSS), a set of global best-practices that aims to reduce the amount of credit-card data that is stolen.

Symantec Corp, a security solutions company, said the PCI DSS is effective in protecting credit-card information and has been successfully implemented by banks and many e-businesses.

However, the best-practices standard has yet to become widespread among businesses in the world.

Businesses that fail to adhere to the PCI DSS may be blacklisted by Visa, Mastercard and other credit-card companies if they fall victim to a security breach of their data.

Symantec announced that it has tools to help companies adhere to the best-practices standard.

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