Do the Payment Card Industry Data Standards Reduce Cybercrime?

[security curmudgeon <jericho () attrition org>]

---------- Forwarded message ----------
From: Anton Chuvakin <anton () chuvakin org>

This is going on right now in live video here
http://hsc.house.gov/about/schedule.asp , BTW.

"*Tuesday, March 31, 2009 @ 2pm*
*311 Cannon House Office Building*

Subcommittee on Emerging Threats, Cybersecurity, and Science and Technology
Hearing

*Do the Payment Card Industry Data Standards Reduce Cybercrime?*

*Witnesses:*
Rita Glavin, Acting Assistant Attorney General, Criminal Division, Department of Justice
Robert Russo, Director, Payment Card Industry Data Security Standards Council
Joseph Majka, Head of Fraud Control and Investigations, Global Enterprise Risk, Visa
Dave Hogan, Senior Vice President and Chief Information Officer, National Retail Federation
Michael Jones, Chief Information Officer, Michaels Stores Inc.

The hearing will examine the effectiveness of the Payment Card Industry?s 
Data Security Standards, which are security requirements for all 
businesses that store, process, or transmit cardholder data.  These 
standards were established to reduce the number and size of data breaches, 
the proceeds of which may be used to fund terrorist activity."

Live twitter coverage: http://search.twitter.com/search?q=%23pcihearing

Ah, some would ask what is the score so far: Committee:1, PCI: 0 :-(

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