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Credit card cos set deadline, to fine issuers for security lapses
Credit card companies will crack down on issuers and retailers who fail to implement safer processing norms by January by imposing a one-time fine of between $5,000 and $500,000 (Rs2 lakh and Rs2 crore) depending on the size of the company, and in some cases, threatening to cancel the licence of the companies.
View: http://www.livemint.com/2007/08/21012222/Credit-card-cos-set-deadline.html
Ask the IT Auditor: Multi-Regulatory Compliance Challenges
As if it were not enough to comply with one single mandate or standard, organizations find that they have to address multiple standards. By taking a strategic approach and having a strong compliance program, the audit process will run smoothly. Knowing the challenges companies face with multi-regulatory compliance and the common mistakes they make in the audit process will improve your compliance posture.
View: http://www.itcompliancemagazine.com/ask-the-it-auditor-2.html
Five Virginia Companies Accepted into Virginia’s Accessing International Markets Program
The Virginia Economic Development Partnership (VEDP) today announced the acceptance of five new companies into the Accessing International Markets (AIM) export development program. The program, launched by VEDP in December 2005, helps Virginia companies pursue international leads in a new market overseas and realize the benefits of exporting. Based on a competitive quarterly application process, 20 companies will be accepted into the AIM program each year.
The five Virginia companies selected to participate in the March 2007 AIM class include Air Systems Inc. in Chesapeake, Control Case in McLean, Northstar Express in Falls Church, Riggins Company in Hampton and Vaughan Furniture in Galax. Markets to be pursued by the new AIM participants include countries in the Americas, Europe and Asia..
View: http://www.yesvirginia.org/About_Us/NewsArticle.aspx?newsid=854
Northern Virginia Firms Get Exporting Business Boost
The Virginia Economic Development Partnership accepted Northstar Express of Falls Church and ControlCase of McLean into its Accessing International Markets export development program.
The program takes in 20 companies annually and provides them with $5,000 in capital funds for export expenses, as well as seven experts in the field to give them advice on how to expand into international markets, program manager Elizabeth Morgan Brown said.
View: http://www.examiner.com/a-663469~Northern_Virginia_firms_get_exporting_business_boost.html
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