Do the Payment Card Industry Data Standards Reduce Cybercrime?

Somebody was asking me where to find this, so I will post a quick link to the already old Subcommittee on Emerging Threats, Cybersecurity and Science and Technology

I wouldn't bother watching it, it does not do the serious issue justice when it really needs to be taken seriously.

The amount of Sensitive information being leaked during the time of this hearing, 1,434,434,334 Credit Card Numbers (not a real number). Keep it up, your making such great progress.