Cloud Computing

13 Aug

A Data Breach Class Action Lawsuit Will Cripple Retailers

Recent federal court rulings are showing more favor for victims of data breaches, giving precedent to class-action lawsuits against the businesses who are breached. The U.S. Court of Appeals for the Seventh Circuit recently ruled that victims of data stolen during a security breach at Neiman Marcus stores have standing—a

29 Jul

Health Insurance on Notice – Hackers Target Personal Data

As soon as we collectively caught our breath from the huge (80 million records) Anthem Insurance breach, UCLA Health System was hacked exposing 4.5 million people. The mind-numbing issue is that the sensitive data stolen from both organizations was not even encrypted. Insurance companies house toxic PII data (names, Social

10 Jun

Retailers Beware: You Have a Target On Your Back

Banks are working hard to change every policy they have for fraud prevention to reduce their losses. It starts later this year with the EMV deadline for merchants. At that time banks officially push fraud liability directly onto the merchant if the merchant is found to be out of PCI

29 May

Card-Not-Present Fraud on The Rise – Finance Industry On Notice

Card-Not-Present Fraud on The Rise – Finance Industry On Notice Card-not-present fraud is expected to hit $6.4 Billion by 2018. While EMV chip and pin cards, with their immediate authentication, use a great technology for card-present transactions, consider that the technology is over 20 years old and is just being

03 Apr

Evolution of Tokenization Deployment Models

Tokenization Evolution – Integration Deployment Models Tokenization has been thrust to the forefront of data security. The technology has existed for quite a while it just went under the name masking, hashing, obfuscation or a litany of other terms. The reason why so many organizations are moving to tokenize their

26 Mar

Multi-Tenant Tokenization Provides A Practical Solution

Multi-Tenant Tokenization Provides A Practical Solution Last week we looked at Single-Tenant Tokenization and how it maximizes performance and security. Unfortunately, budgetary constraints and program initiatives are the main issues in deciding between Single-Tenant versus Multi-Tenant tokenization. The reality for most organizations is a limited budget in choosing security solutions. In

06 Mar

Single Tenant Tokenization Provides Maximum Performance

Single Tenant Tokenization Provides Maximum Performance The hundreds of articles, podcasts, blogs and every other area of social media are blasting information about tokenization and how it is changing data security for the better. As the CEO of a tokenization provider, that news could not be more exciting for me.