Hannaford Spending Millions to Prevent Future Data Theft
In an article titled 'Paying breach bill may not buy Hannaford full data protection', Jaikumar Vijayan writes for Computerworld about Hannaford's discussion last week that it is spending millions of dollars on new IT security tools. The grocer last week said it has plans to encrypt all payment card data on its internal network.
A friend of ours over the weekend wondered what the total cost to the industry of PCI compliance will be. Seems like somewhere between $100 million and $1 billion? What do you think? Comments?
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