PCI Security Standards Council releases guidelines for data security technologies

The PCI Security Standards Council recently released a pair of guideline papers addressing emerging data security technologies within the credit and debit card industries.As end-to-end encryption and calls to replace magnetic-strip cards with EMV chip-and-PIN cards are increasing, the council said it released the papers to ensure PCI compliance standards keep pace with the technology. The papers are a first in a series the council plans to release, according to its general manager.Card executives Read more [...]

Report: Data breaches linked with PCI compliance

A new report issued by Verizon Business reveals the relationship between data loss prevention methods and PCI compliance.Verizon found that organizations that suffer data breaches are 50 percent more likely to be in noncompliance with the PCI Data Security Standard. Verizon conducted the Verizon Payment Card Industry Compliance Report based on assessments done by research done in 2008 and 2009.The company's research also found 22 percent of companies met PCI compliance upon their initial compliance Read more [...]

Lost or stolen laptops, storage devices biggest cause of data breaches

According to data loss prevention research by Carnegie Mellon University, lost or stolen laptops and portable storage devices are the greatest threats to data security in North America.A study conducted by the university found 42 percent of data breaches are caused by misplaced or stolen portable devices. And business travelers are the most likely to lose or have a device stolen. According to the study, business travelers lose more than 12,000 laptops per week at airports.In terms of data loss, hard Read more [...]

Canadian privacy watchdog criticizes Canada’s data loss prevention

Canada's Privacy Commissioner Jennifer Stoddart recently criticized the country's data security practices in a meeting with Parliament.Stoddart said the country's lax approach to mobile devices and methods for shredding documents and destroying old computers threatened the security of Canadian citizens.An audit of the country's use of mobile devices audited the Canada Mortgage and Housing, the Correctional Service of Canada, Health Canada, Human Resources and Skills Development Read more [...]

Report: Employee transitions overlooked aspect of data security

A new report on IT security for small- and medium-sized businesses suggests companies overlook the employee transition process in their data loss prevention practices.Staples Advantage, the B2B arm of the office supply retailer, surveyed 100 decision-makers at 100 small- and medium-sized businesses. Results show just 25 percent of respondents said they monitor activity to ensure departing employees are not downloading proprietary information.Also, 40 percent of respondents have not changed network Read more [...]

Nearly two-thirds of data loss are result of malicious intent

Research from an IT security vendor found nearly two-thirds of data loss were caused by malicious intent.The vendor polled 1,100 IT security professionals from across the globe and found 62 percent cited malicious intent for causing a data loss. According to the survey, 33 percent of data breaches were caused by insiders and 29 percent were caused by cyber criminals.The vendor's chief technology officer said knowing the cause of breaches may help companies improve data loss prevention."This Read more [...]

Alabama Securities Commission leaks Morgan Keegan client information

Brokerage firm Morgan Keegan was recently forced to notify 18,500 customers following a data breach caused by the Alabama Securities Commission.The security regulator's data loss prevention methods are being questioned after its mishandling of an investigation caused the leak. The breached information was part of a probe into subprime investments sold by Morgan Keegan, a Memphis, Tennessee, brokerage unit of Regions Financial, a bank in Birmingham, Alabama.Confidential information was redacted Read more [...]

Business integration consulting necessary when adopting cloud computing

A common misconception being spread by some virtualization vendors is that the cloud is a "set it and forget it" IT service, according to a report on CIO.com.The report warns that the cloud is not worry-free computing. "The need to manage your IT environment doesn’t stop, nor does the need to constantly examine your IT strategy," according to the report.Business integration consulting may be the best practice for organizations implementing cloud computing as an IT service. Read more [...]

Study: Consumers expect seamless channel integration

The results of a new Sterling Commerce and Demandware survey of consumers in the United States show many expect flexibility from retailers across all channels.Above all, survey results show 87 percent of consumers expect to track an order from any channel, which is up from 56 percent from a study conducted three years ago. Seventy-four percent expect to modify an order from any channel and 61 percent want the ability to complete an order from any channel."Today's consumer is re-wired, with Read more [...]

Study: Email preferred for sharing online content

A new study from an online marketing firm shows email is the preferred consumer file-sharing method.Sharing content by email was cited by 86 percent of respondents to the online survey. The popularity of sharing content through email means it's necessary for companies to enforce strict secure file transfer policies. Slightly less than half of respondents - 49 percent - said they share online content at least once a week.Businesses are advised to discourage employees from sending confidential Read more [...]