Learning Center
White Paper
Stopping Data Cyberthieves in their Tracks
Today's data center is a magnet for criminals trying to hijack, steal or destroy personally identifiable information, medical records and credit card numbers. The increasing number and severity of data breaches proves these cybertheives are highly motivated and sophisticated, knowing exactly where and what to target. By comparison, most companies do not have specialized, full-time IT security defense teams.
The fallout from a data breach equates not only to lost sales and revenue for a company, but lawsuits, damage to its brand and reputation, customer loss, and stiff fines for not complying with Payment Card Industry Data Security Standard (PCI DSS). Data heists in 2010 cost companies an average of $7.2* million, or $214* per compromised customer record – up from $6.75* million, or $204* per record in 2009.
Conforming with PCI requirements and federal privacy laws, even with state-of-the-art technologies, can be difficult and expensive since every touch point where data is handled must be secured. This white paper explores the escalating business risks of storing customer payment data on internal systems and steps you can take now to relieve the worry about safeguarding sensitive credit card data if a security breach occurs.
(*) 2009 Annual Study: Cost of a Data Breach, Ponemon Institute, LLC
Learn how to:
- Safely store confidential cardholder data off-site - out of the hands of hackers.
- Protect cardholder data by meeting the highest standards for encryption.
- Apply strong access control with unique tokens or aliases assigned to cardholders' payment data so employees have no access to customer cardholder information.
- Lower the burden of complying with the Payment Card Industry (PCI) Data Security Standard.
