Why So Many Retail Stores Get Hacked for Credit Card Data

The industry’s security standards don’t guarantee security
Photograph by Craig Warga/Bloomberg

When a big retailer gets hacked, it’s often quick to note that it has complied with cybersecurity rules set by the credit card industry. MasterCard, Visa, and other card companies require retailers to pass an audit sanctioned by the Payment Card Industry (PCI) Security Standards Council, an industry group.

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