Oracle CSO trashes PCI rules
In an unusual move, Oracle chief security officer Mary Ann Davidson has called on vendors of payment application software to join her company in opposing specific security vulnerability reporting requirements of the Payment Card Industry Security Standards Council.
In a lengthy, sharply-worded blog post late last month, Davidson lashed out at the PCI Council for allegedly not responding to Oracle's repeated requests that it reconsider its policy of requiring software vendors to share detailed vulnerability data even in circumstances where patches haven't been released.
"Established industry practice concerning vulnerability handling avoids the risks created by the [PCI Council's] vulnerability disclosure requirements," Davidson said. Read more...
Former HP CEO Apotheker to get more than $9.6 million
Outgoing Hewlett-Packard CEO Leo Apotheker will get a severance payment of $7.2 million, plus a $2.4 million performance bonus and additional stock benefits, according to documents filed with the U.S. Securities and Exchange Commission on Thursday.
Apotheker was recently ousted from the top post at HP after spending just 11 months on the job. Meg Whitman, the former CEO of eBay, has taken over. She will receive a base salary of just $1 per year, the regulatory filing shows.
Apotheker made several decisions during his tenure that drew criticism, including one to spin off HP's PC division, which it announced before it had found a buyer. HP missed its financial targets for the past three quarters and its stock dropped by nearly half while Apotheker was CEO. Read more...