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Cyber Security

MasterCard to Require On-Site Audits for Small Shops

MasterCard has quietly changed a key security requirement for all businesses handling between 1 million and 6 million card transactions annually. Starting Dec 31, 2010 companies that fall into this category, called Level 2, will be required to undergo an onsite review of their security controls by a MasterCard approved third-party assessor. The move is unlikely to sit well with many merchants, but it is unlikely they will be unhappy with MasterCard’s decision to quietly change the requirement. Read the full story.

Source: https://threatpost.com/mastercard-require-site-audits-small-shops-061909/72855/

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