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CardSystems made its choices clear
Daniel Hanson, 2005-07-29

As the outrage and accusations, the knee-jerk shootings (and the knee-jerk legislation) continues to make press following the explosions and attempted explosions in London, the last thing that many of us need is another example where a situation needs to be solved by ill-conceived legislation that is proposed and passed in the heat of something big. Unfortunately, this is exactly what is happening on both sides of the CardSystems credit card compromise debacle.

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Interesting correspondence with the Enron thing 2005-08-01
Roger
It's interesting that you should point out that this was mainly an auditing and compliance problem, and then mention Enron, which was much the same. In Enron's case, concern (and legislation) has been raised over the conflicts of interest which prevented the auditors from doing their jobs adequately...

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