Credit card data security: Who’s responsible?
By Phil Lieberman, president & CEO, Lieberman Software, and Henry Helgeson, co-CEO, Merchant Warehouse, Network World
About a year ago security at Heartland Payment Systems Inc. was breached and information affecting more than 100 million credit cards stolen. Was it Heartland’s fault, or should the credit card companies shoulder more of the responsibility?
Phil Lieberman, CEO of Lieberman Software, argues that Heartland met its legal obligations and the breach was not the company’s fault, but rather due to the lack of smart card technology that credit card issuers refuse to issue in the United States.
Henry Helgeson, CEO of Merchant Warehouse, argues that it’s the job of merchant account providers like his company (and Heartland), to take the security measures necessary to prevent breaches, but enhancing existing cards could help.
Read their point and counterpoint on Network World.