If Target is liable for the breech, which appears to be the case.

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If Target is liable for the breech, which appears to be the case. Then this sends a very clear message to all involved in client facing digital payments. That the Payment Card Industry is serious about passing on losses into the supply chain, something that PCI-DSS regulations cater for.

Interestingly the latest European data protection regulations, passed in 2014, will look to fine companies against their global revenues. Yet another tightening of the regulatory screw for companies trading in and with the European community.

Security must be placed higher on the corporate agenda.

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Cyber Risk, Cybersecurity, Governance

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