In an attempt to reduce online credit-card fraud, Visa U.S.A. in San Francisco announced 10 “commandments” for online merchants to guard its cardholders’ information. And, next week, Visa will follow up by releasing the details of a broad online security program.
John Shaughnessy, Visa’s senior vice president for risk management, said merchants would be required to obey these rules or face fines, sales restrictions or loss of membership.
Read full article at Network World.
(Reprinted from Computerworld.)
