Linked by Thom Holwerda on Wed 6th Jun 2012 22:30 UTC
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Member since:
2012-03-26
I work in a financial company that must follow PCI and other standards. PCI is pain but when properly implemented and followed (key words) it's reduces the risk of passwords being stolen. Even if they are, they're properly encrypted.
I understand your concerns about the financial industry, the thefts from Global Payments and the others in the last few years are scary, but it's because those companies are NOT following standards properly. Whoever did Global Payment's audit, needs to loose their job. The auditing we're going through for PCI v2, is an even bigger PITA, but it's necessary.