IEEE good at high tech, bad at simple security

Crazy story of the day, yesterday I got a letter in the mail from IEEE stating that my Credit Card information used to pay for attending the IEEE Vehicular Networking Conference in December has been illegally accessed by a third party.

They don’t know if my information was accessed but I’ve canceled the card to be safe.

Question: What was IEEE holding on to the CC information for, isn’t it security 101, don’t hold the info if you don’t need it?

There were paper’s on securing car networks, and protecting against people tracking vehicles, but that not the real concern it’s the IEEE’s inability to handle payments that will end the world.