Protect your customer credit card data

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Reference no: EM133358371

1. What advantages does the use of an MSSP offer a small retailer such as Fairplay? Can you think of any potential drawbacks of this approach? Is there a danger in placing too much trust in an MSSP? Explain.

2. Data breaches at major retailers, such as Neiman Marcus, Target, and others, in recent years have shown that compliance with the PCI DSS is no guarantee against an intrusion (see Jaikumar Vijayan, "After Target, Neiman Marcus Breaches, Does PCI Compliance Mean Anything?," Computerworld, January 24, 2014). If you were a member of Fairplay's management team, what additional actions would you take to protect your customer's credit card data?

3. Do research online to gain insight into the evolution of the PCI DSS standard. What major changes were made in moving from PCI 2.0 to PCI 3.0? What changes are being suggested for future versions of the PCI standard?

Reference no: EM133358371

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