2013-05-11

Card Industry's $45M Fraud

We have a new case where the thieves walked away with $45 million!
It's a known fact that the so-called PCI standard is poor and outdated. The question is when will the industry wake up and either create a new baseline standard?
Or maybe this is a good opportunity to fill this gap today and roll out a new standard.
Here's a high level summary of the heist!

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