Radiant Systems, Inc. (Nasdaq: RADS) today issued a new challenge to the industry to come together to dramatically improve data security in the transaction-processing industry.
“Our vision is to encourage all involved in transaction processing to move from a mindset of independent compliance to one of collaborative security that will greatly reduce the risk of data theft,” said John Heyman, chief executive officer at Radiant Systems. “We believe the current data security blueprint in the payments industry is designed with many constraints in mind and therefore is not able to go far enough.”
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