The Upload: Your tech news briefing for Wednesday, March 11
Four out of five retailers don’t meet payment card security standards
It’s no surprise that so many data breaches involve the disclosure of credit card numbers: 80 percent of retailers failed to meet the Payment Card Industry Data Security Standard (PCI DSS) in a Verizon survey of 5,000 businesses worldwide, Reuters reports. In all the data breaches that Verizon studied, the company involved was not compliant at the time of the incident.
The inventor of credit default swaps is new CEO of bitcoin trading company