All the latest UK technology news, reviews and analysis

UK firms face credit card security deadline

by Matt Chapman

29 Sep 2006

Comment: 1

  • Tweet this
UK companies handling credit card data must be compliant with the Payment Card Industry Data Security Standard by 30 June 2007
Credit card companies will pull the plug on non-compliant retailers

UK companies handling credit card data must be compliant with the Payment Card Industry Data Security Standard (PCI DSS) by 30 June 2007 or face being dumped by credit card companies.

The deadline had originally been pushed back from 30 June 2006 because of the introduction of chip-and-pin.

"Chip-and-pin delayed companies becoming PCI compliant because the credit card companies said that they could not do both at the same time. It's a big move in the UK market," Jon Shaw, European sales manager at encryption firm Ingrian, told vnunet.com

Shaw explained that the cost of chip-and-pin had led to the delay. "After chip-and-pin Visa, MasterCard and American Express had a big push on PCI. But a lot of the major retailers were not particularly happy," he said. 

However, Ingrian maintained it is unlikely that the deadline will be pushed back again.

"It is possible that the deadline could shift, but it is not probable," said Erich Baumgartner, vice president of sales and marketing at Ingrian.

Baumgartner explained that the PCI standard is made up of 12 or 13 different criteria, 10 of which are technologies that a lot of companies already have in place.

"They can show the auditor that they are using their intrusion detection systems this way, they are using their firewalls that way and they have virtual private networks so that information is encrypted in transit," he said.

"But the big gap is that nobody has been deploying encryption to secure that sensitive data when it is at rest."

Do you agree?

 

Add your comment

We won't publish your address
By submitting a comment you agree to abide by our Terms & Conditions. Your comment will be moderated before publication.

Poll

The workplace of the future poll - in association with IBM

What will be the biggest change to corporate technology in the future?

89%

6%

1%

3%

1%

Connect with V3.co.uk

Sign up to our daily or weekly newsletters

Riso

Colour printing: why the bill keeps outstripping the budget

The wrong printers, for the wrong tasks on the wrong contracts

Qlikview

Magic quadrant for business intelligence platforms

Who leads the BI pack and who should we be watching out for?

PHP developer - CSS, HTML, Javascript, MySQL, Linux

PHP developer - CSS, HTML, Javascript, MySQL, Linux...

Senior BPM Developer

Senior BPM Developer (Java, J2EE, Agile, Spring, Struts...

Business Analyst

As a Business Analyst you will play a key role in understanding...

C#/ASP.NET Team Lead - Gloucester

C#/ASP.NET Team - Gloucester - My client has an urgent...

Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.

To send to more than one email address, simply separate each address with a comma.