When good security goes bad

Tuesday, 28 June 2005, 2:47 AM EST

It's safe to say that MasterCard, through its transaction processing partner, did not intentionally compromise the account information of millions of card holders. As one of the largest credit card associations in the world, MasterCard's whole business is based on trust, and it been one of the leaders in network transaction security since the earliest days of the Secure Electronic Transactions (SET) initiative a decade ago.

By Matthew Friedman at Networking Pipeline.

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