Executives have been told to take greater responsibility for data security around payment cards, as industry guidelines are overhauled amid heightened worries about cybersecurity in finance.
The instructions come under revisions last week by the Payment Card Industry (PCI) Security Standards Council to its Data Security Standard (DSS).
Although much of version 3.2 focused on technical details, c-level managers and board directors at service providers were told to take on more of the burden for data security compliance.
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