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| Topic: |
Technology
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| Number of pages / Number of words: |
5 / 1335 |
Essay's paper body
By coming together under the umbrella of the PCI Security Council these major brands were able to codify their corporate standards into a public standard, and place pressure on organizations that process credit transactions to protect cardholder data against fraud and theft.
The founding organizations not only developed this standard, but also incorporated these standards into their own data security compliance programs...
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All five organizations share equally in governing the council; have equal input regarding issues; and all the organizations share responsibility for maintaining the PCI Data Security Standard.
Case Study: TJX Companies
In March of 2007, just last year, TJX Companies, owner of TJ Maxx and Marshall’s revealed the extent of damage of a number of security breaches that had taken place over the course of seventeen months...
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General points of the essay
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The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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