Compliant Does Not Equal Secure.

On the 30 March Global Payments Inc. announced that it had suffered a data breach that had led to the Track 2 (i.e., the primary account number, expiration date, service code, PIN and CVV number) data of approximately 1.5 million credit cards being “exported” from its North American payment processing system.

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There is only one way to eliminate risk

One common misconception of risk management that I have come up against time and time again is that by managing a risk it has been eliminated and can be closed and removed from the risk register. This is simply not the case as risks can evolve and change over time for any number of reasons.

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