WASHINGTON -- In a telephone media briefing held Friday by the National Retail Federation here on “The Real Cost of Data Security,” Dave Hogan, NRF‘s senior vice president and chief information officer, described the credit card industry‘s payment card industry (PCI) data security standards as a “convoluted” program. Retailers, who are required to adhere to the security standards for processing credit card information or face fines, “get no clear direction from the associations,” such as ...

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