Symantec chief highlights need for tighter credit card security

Tuesday 17 May 2011

Article by Mozo

Better regulations regarding privacy breach notification is needed to ensure the credit card details of consumers remain safe, it has been claimed.

Symantec chief calls for tighter regulations

Craig Scroggie, Australian security chief at Symantec, told the Sydney Morning Herald that organisations should be required to notify individuals immediately if there is a leak.

A particularly high profile case recently occurred when a hacker stole personal data belonging to millions of PlayStation customers.

Sony came under fire by some critics after it reportedly waited for up to a week to tell customers of the incident.

Mr Scroggie said: "[Organisations] should be required to notify the individual and should be required to take remedial action and notify the government and the individual of the action taken."

His comments come after he revealed that his credit card details were leaked by a restaurant in Melbourne.

Have a question about credit cards? Ask the money gurus at Mozo AnswersADNFCR-1761-ID-800548197-ADNFCR

Find great rewards credit card deals

Which type of rewards credit card would you like to compare?

Back to top