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Who Pays For Credit Card Breaches?

PetManimal writes "A scheme to steal customers' credit and debit card information at a New England supermarket chain highlights a little-understood fact about credit card security: Customers still think that the credit-card companies have to eat fraudulent charges, but since the PCI DSS standards were adopted, it's actually the merchant banks and merchants who have to pay up. And, according to the blogger writing in the latter article, it's a good thing." "The main reason PCI exists is that there are tens of thousands of merchants who don't understand the basics of information security and weren't even taking the very minimum steps to secure their networks and the credit card information they stored... PCI pushes that burden downstream and forces merchants to... put in a properly configured firewall, encrypt sensitive information and maintain a minimum security stance or be fined by their merchant banks... [T]he credit card companies have taken the bulk of the financial burden off of themselves and placed it on the merchants, which is where much of it belongs...'"

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  1. One Third of Germans Support National Socialism by Anonymous Coward · · Score: -1, Offtopic

    One Third of Germans Support National Socialism, Disbelieve Holocaust
    New Poll Shows Jewish Power On Wane Despite Repressive Laws

    2/19/2007 10:07:28 AM
    Discuss this story in the forum
    Overthrow Staff

    Berlin, Germany -- One third of Germans say that National Socialism and Adolf Hitler were "mostly positive" for Germany and "Entirely Disbelieve" the Holocaust lie, whereas a majority think Hitler was mostly positive and 45% think that the Holocaust is mostly untrue, a new poll of 3,000 Germans by the Metropol Institute indicates.

    55% of Germans said that Hitler and National Socialism were "mostly positive" or "a mix of positive and negative" for Germany and 45% said that they either "had reservations" or "disbelieved entirely" the Jewish claim that a "Holocaust" occurred during World War II. Germans hold these beliefs despite repressive legislation in Germany that makes it illegal to advocate National Socialism or disbelieve in the Holocaust.

    An additional 85% of Germans said that "reparations" payments to the Zionist occupation in Palestine should terminate an 53% that Holocaust lies should not longer be taught in German schools, with 26% uncertain and only 21% in favor.

    The poll, taken last week in response to the Zundel imprisonment, had a margin of error of 2.1%. It was unclear if it had yet been reported on in the German press, who comissioned it.

    The poll shows the ineffectiveness of Jewish lies and repressive legislation on the thoughts of the people. While the Jewish owned and influence media, combined with the power of the German state, has been able to achieve complete control of the government while arresting and imprisoning political dissident, their brainwashing has had little impact on the actual thoughts and beliefs of the people.

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  2. Re:Credit cards? by Brad+Eleven · · Score: 0, Offtopic
    --
    "Press to test."
    (click)
    "Release to detonate."