Just a quick post with a link to a timely article from Linda Musthaler today at NetworkWorld — “Is it time to abandon credit card payments and go back to cash?” — she talks about the privacy issues of cards, that I referred to in yesterday’s post on buying the iPhone.  Even with the data loss at TJX including civil penalties and fines from the industry, PCI DSS  — however well written — apparently has no teeth if retailers continue to ignore the standard.  From the outside, it just appears as if the credit card industry will not enforce (stick) or reward (carrot) merchants, either way!

Linda points out, “Many small retailers… aren’t even aware of PCI DSS, much less comply with it.”

Where’s the outrage?

Filed under: Privacy, Security