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With consumers still reeling from the Target breach, several US senators are pushing for legislation that allows the FTC to punish companies with “inadequate” security. However, the PCI Council believes they are doing just fine protecting credit card data, and the government should leave the private sector alone.

How should the public and private sector cooperate to protect consumer data?

Listen to episode 121 of our Security Slice podcast and hear Lamar Bailey, Ken Westin and Tim Erlin discuss why additional cybersecurity legislation will  not automatically improve security, why tax incentives for cybersecurity can also act as a punishment, and how what we don’t understand about non-compliance prevents us from changing the status quo.

Click Here to Listen to the Podcast


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Title image courtesy of ShutterStock