Fifty-four percent of respondents in The Global Study on the State of Payment Data Security, conducted by the Ponemon Institute on behalf of Gemalto, have had a security or data breach involving payment data an average of four times in the past two years.
A study of 17 major banks by the University of New Haven Cyber Forensic Research and Education Group shows that six of them have weak password handling and that their password procedures are weaker than most social websites.
The University of South Carolina announced the creation of "SC Cyber,” a consortium of business, academic, and government partners that will train businesses how to beef up cybersecurity and fight cyber crime.
Heartland Payment Systems announced it has worked with the Smart Card Alliance to launch the National Center for Advanced Payments and Identity Security, a new training facility hosted by the Alliance.
The majority of business decision makers admit that their organization will suffer an information security breach and that the cost of recovery could start from around $1 million.
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