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Re:Linode hacked, CCs and passwords leaked by kintamanimatt on Monday April 15, 2013 @03:21PM (#5553619)
What if you want to change processors? If you weren't storing the CC details, wouldn't you have to have customers enter all their details again? I imagine this could cause a drop in revenues due to people either forgetting, procrastinating, or just not bothering.

It's never cool to be actually- or quasi-locked into a vendor.

Re:Linode hacked, CCs and passwords leaked by tomchuk on Monday April 15, 2013 @04:26PM (#5554074)
Most decent processors have processes in place for the transfer of CC numbers. I was involved with this process at a decent-sized magazine, it involved armed security, an encrypted hard drive in a locked container and millions of dollars of insurance. It's not an easy process, but is possible.
Re:Linode hacked, CCs and passwords leaked by kintamanimatt on Monday April 15, 2013 @04:40PM (#5554188)
Sounds ... expensive.
Re:Linode hacked, CCs and passwords leaked by jimktrains2 on Monday April 15, 2013 @03:58PM (#5553879)
Some will let you export the data, but it's a hassle. They burn it to a DVD and ship it to you and you have to sign tons of stuff freeing them of any liability.

Otherwise you just ask customers to re-authenticate. Often you have a few months headway for a switch like that.

Re:Linode hacked, CCs and passwords leaked by therealarmen on Monday April 15, 2013 @03:48PM (#5553814)
Said processors allow you to export credit card data to another processor without having to store it yourself.