3 ms·
Curious what you think about PCI Compliance and whether it should exist. After all, stealing credit card numbers is already illegal.
by alex_c 13y ago
Curious what you think about PCI Compliance and whether it should exist. After all, stealing credit card numbers is already illegal.
- sp332 13y agoThat's a lot different. Credit card holders aren't even responsible for fraudulent charges. That's one advantage, but it takes a ton of infrastructure and cooperation to make that happen. There's plenty of room for a money transfer option that doesn't have those downsides, even if it gives up some upsides too.
- pjc50 13y agoPCI Compliance is entirely private/free market, isn't it?
- forgottenpass 13y agoYeah. But is this a conversation about "if you want to participate in system X, follow rules Y" or specifically anti-government sentiment? As the Wired article talks about the cost of coming into compliance, I think it is reasonable for the parent poster to ignore the source of the rules. Unless you wanted to make a point about the source of rules impacting compliance costs or voice your other reason for such a government/private distinction. But now that I've already started arguing with myself I'm not going to go any further.
- tlrobinson 13y agoI don't know much about PCI Compliance, but it appears to be an industry-imposed standard, and Nevada is the only state that mandates it: https://en.wikipedia.org/wiki/Payment_Card_Industry_Data_Security_Standard#Mandated_compliance https://en.wikipedia.org/wiki/Payment_Card_Industry_Data_Sec...