After Target, Neiman Marcus breaches, does PCI compliance mean anything?

[InfoSec News <alerts () infosecnews org>]

http://www.computerworld.com/s/article/9245709/_After_Target_Neiman_Marcus_breaches_does_PCI_compliance_mean_anything_

By Jaikumar Vijayan
Computerworld
January 24, 2014

The recent data breaches at Target and Neiman Marcus have once again shown 
that compliance with the Payment Card Industry Data Security Standard (PCI 
DSS) is no guarantee against an intrusion.

What's unclear is whether the problem lies in the standard itself, or the 
manner in which it is implemented and assessed.

Neiman Marcus on Thursday became the latest company to suggest that PCI 
compliance had brought it little security against a major intrusion.

In a letter to U.S. Sen. Richard Blumenthal (D-Conn.) explaining the 
recent breach that exposed 1.1 million payment cards, Neiman Marcus CIO 
Michael Kingston claimed the intrusion happened even though the company 
had security measures that exceeded PCI standards.

[...]



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