/ Technology

Security firm Trustwave acquires BitArmor

Trustwave announced today it is acquiring BitArmor, a provider of data encryption technology. The purchase price was not disclosed.

Posted 01/12/2010Zak StamborPost a comment

/ Technology

2008 saw more electronic records breaches than previous four years combined

What’s more, a new study from Verizon Business shows, a massive 81% of affected organizations subject to the Payment Card Industry Data Security Standard had been found noncompliant prior to being breached.

Posted 04/23/2009Paul DemeryPost a comment

/ Technology

Consumers punish organizations that expose their data, but can be mollified

When consumers’ data is left vulnerable by retailers and other organizations, 55% of consumers lose faith in the entity and 30% say they will never buy from it again, according to a survey by Javelin Strategy & Research.

Posted 06/26/2008Katie DeatschPost a comment

/ Technology

Costs of data breach far overshadow cost of PCI compliance, study finds

A breach could cost large retailers as much as 20 times more than the cost of compliance with the Payment Card Industry Data Security Standard, according to three computer security firms.

Posted 01/03/2008Paul DemeryPost a comment

/ Technology

New data-protection standard should require outside auditors

The joint data storage protection standards of MasterCard, Visa, American Express, and Discover should require outside auditors to validate whether medium- to large-size merchants are in compliance.

Posted 07/05/2005Kurt PetersPost a comment

/ Technology

Worldwide spending on IT security will hit $21 billion in 2005, says IDC

Retailers trying to keep ahead of hackers will not be alone in spending on web security measures. The worldwide market for information security services will more than triple by the end of 2005, IDC says.

Posted 09/21/2001Kurt PetersPost a comment

After several high-profile web site attacks, experts offer advice to help safeguard your site

Retailers had barely regained their balance after a media blitz of negative publicity from several retail site break-ins that netted thieves more than 300,000 credit card numbers, when they were broadsided with a wave of denial of service attacks that toppled several major Web companies. The incidents sent a booming wakeup call to e-retailers on just how vulnerable their sites are to intruders and called into question the Internet’s reliability...

Posted 12/26/2000Don DavisPost a comment