Visa Warns Software May Store PINs

Visa confirmed Monday it has issued an alert warning that some point-of-sale software may be storing PINs in violation of industry rules, leading to suspicions that the root of the recent debit card debacle may have been out-of-date or misconfigured software.

".we provided a confidential alert to a limited number of financial institutions advising them that a particular configuration of certain software could cause it to store cardholder data," Visa said in a statement e-mailed to TechWeb. "We further advised them of the existence of a software upgrade designed to address the problem." TechWeb | News | Visa Warns Software May Store PINs

Linked by shanmuga Monday, 20th March 2006 11:44PM