Visa and American Express will no longer allow CardSystems Solutions to process their credit cards. I am stunned, but in a good way. If companies begin to take security seriously, I will be very pleased. If this turns into a rationale to justify the current “compliance = security” mindset, then nothing will change and more organizations will be compromised. I found the press release by the House Financial Services Subcommittee on Oversight and Investigations saying the hearing is today at 10 am. The hearing is scheduled for 10 am.”]
Source: https://taosecurity.blogspot.com/2005/07/visa-and-amex-pull-plug-on-cardsystems.html