PCI Lawsuit

Wired has an article outlining a new lawsuit started by a merchant regarding fines levied by Visa and Mastercard after they have determined a breach of security in the merchants systems.

The merchant states that they had no way of disputing the allegations that there was a breach of security allowing card numbers to be stolen from their systems.

This should serve as a warning to all merchants to carefully inspect their security procedures.

It will also be interesting to watch this lawsuit to see if the courts determine that the fines instituted by the payment card council are legal.

 

http://www.wired.com/threatlevel/2012/01/pci-lawsuit/

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