While I was looking through current offerings in Entitlement Management (EM), I was struck with the questions that will likely be the next logical thoughts in the CIO’s mind after they are sold on the obvious ROI of an EM solution.
According to DMNEws "Minnesota has become the first state in the country to enact into law one of the key components of the credit card industry’s data-security standards, the payment card industry (PCI)standards." Now any company conducting business in Minnesota is now also legally bound by the laws of the state not to keep credit card's security data after a transaction has been approved. And if a business is caught doing so, they have to refund the costs to the bank for reissuing the card and such. We here at Forrester expect that governments will continue to make PCI requirements law, and that this trend will become increasingly popular as it gives the PCI standards a bit more teeth. Storing inappropriate security information is getting more costly.
Read the comments as well, people are skewering the author for writing the article and calling him all sorts of names. And a ton of these comments are missing the point. The most poignant criticism is:
Network World has reported that Chief Security Officers (CSOs) will be earning a bigger raise this year compared to their IT co-workers. This year saw an average 8% raise over last year. For all positions, the average salary increase was less than 1%. Demand for the security skill set is rising, which is great news for those of us working in the security industry.