Online retailers miss fraud security deadline
Online retailers must now use an additional layer of security to protect credit cards from fraud, but experts have said that many card processors have missed last week's industry-set deadline
The Payment Card Industry Data Security Standard (PCI DSS) demands that people processing credit cards use a new firewall to protect their processing or have their software reviewed to ensure it is safe from hacks and fraud.
The PCI, which is an industry body formed by the major credit card issuers, imposed a deadline of 30th June for implementation of the protection, but many security industry observers say that the deadline has been missed by a large number of retailers.
"It would be fair to say that there is still a lot of work to be done by retailers and others on getting up to scratch," said William Malcolm, a data protection expert at Pinsent Masons, the law firm behind OUT-LAW. "Industry leaders have done much to publicise the requirements but progress has been slow."
