Your information doesn’t leave when you do
Tuesday, April 24, 2007, 16:11
Adam at Emergent Chaos brings to light some interesting information on when customers have had enough with data breaches. Turns out you need three successive breaches to come close to a 100% alienation rate. What I doubt most people realize is that this isn’t the end of the risk from that company, since banks are required to keep your information for a number of years by law. PCI is only going to help if businesses learn enough to protect their networks, rather than just marking off check boxes on a list.
So even though you may have already canceled your TJX credit cards, you’ll be vulnerable to compromises of their network for at least 7 years, probably more. I can’t imagine it’ll be fun the receive a mail stating that your data has been compromised from a card you canceled long ago. Guess it can’t be any worse than learning about your records being lost by the Veterans Administration.
Technorati Tags: security, PCI, breach, credit card
Read more at netsecpodcast@mckeay.net (Martin McKeay)
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