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Retailers Still View Customer Data Security as 'Checkbox,' Study Finds
Publish Date : 12/20/2007 6:32:00 AM Source : Network Security News Onlypunjab.com
Most retailers collect consumer data and keep it for two years or more, but many have not taken adequate steps to ensure the security of that data, according to a new RSR Research report, Customer Data Security Benchmark Report 2008: PCI and Beyond. RSR's research confirms that although retailers seek to use customer-specific data to create differentiating value for consumers, many have not looked beyond current industry compliance mandates such as the PCI Data Security Standard to consider how to proactively ensure that customers' privacy will be protected.
"PCI Compliance doesn't necessarily mean security", said Brian Kilcourse, Managing Director and co-author of the report. "Both the opportunities and risks associated with customer-specific data are fluid. Not only does this create fiduciary risk, but it also potentially impacts retailers' ability to execute on business strategies."
"Viewing compliance as a 'checkbox' is simply not enough," echoed Steve Rowen, RSR Partner and the report's co-author. "Ultimately resolving fundamental issues in legacy operational systems to proactively manage the integrity and security of customer-specific data is essential."
RSR's new study, Customer Data Security Benchmark Report 2008: PCI Compliance and Beyond, identifies the internal obstacles retailers face as they seek to securely use customer data and the methods retail winners use to overcome those obstacles.
The report highlights challenges and opportunities that retailers face when using customer-specific data in order to create compelling value for consumers. Most importantly, it provides recommendations for solving the paradox of using customer-specific information - and ensuring privacy and security.
To obtain a complimentary copy of the report, click here or follow this link: http://www.retailsystemsresearch.com/_document/summary/396
About Retail Systems Research Retail Systems Research ("RSR") is the only research company run by retailers for the retail industry. RSR provides insight into business and technology challenges facing the extended retail industry, and thought leadership and advice on navigating these challenges for specific companies and the industry at large. To learn more about RSR, visit www.rsrresearch.com. |
Edison Renewables Changes Its Name to NextPhase Wireless
Publish Date : 1/26/2005 1:08:00 PM
Edison Renewables, Inc. (OTCBB:ERNW) has changed its name to NextPhase Wireless, Inc. The company acquired NextPhase Technologies in August 2004 as its first step ....
CallWave Invests in ring2 Communications and Licenses
Publish Date : 1/25/2005 11:01:00 AM
CallWave, Inc. (Nasdaq:CALL), a leading provider of VoIP applications, announced today that it has made an equity investment in and entered into a license agreement ...
First Virtual Communications, Inc. Files Chapter 11 to Implement Restructuring Transaction
Publish Date : 1/25/2005 10:48:00 AM
First Virtual Communications, Inc. (Pink Sheets: FVCC) announced that on January 20, 2005, it, along with its wholly-owned subsidiary, CUseeMe Networks, Inc....
AirMagnet Separates ''Evil Twins''
Publish Date : 1/24/2005 2:26:00 PM
AirMagnet, the leader in wireless LAN (WLAN) security and performance solutions, addresses the "evil twin" problem that has been plaguing Wi-Fi networks for several years....
Copper Mountain Networks Announces Planned Headcount Reductions
Publish Date : 1/24/2005 2:19:00 PM
Copper Mountain Networks, Inc. (Nasdaq:CMTN), a provider of intelligent broadband access solutions, today announced that after an extensive evaluation of strategic alternatives....
Akonix Warns Customers of Latest Worm to Target IM Networks
Publish Date : 1/24/2005 12:30:00 PM
Akonix Systems, Inc., the premier provider of business solutions for secure, managed and integrated multi-network enterprise instant messaging (IM), warns corporations ....
SureWest Responds to Third Party Vendor Billing Error
Publish Date : 1/24/2005 11:57:00 AM
SureWest Communications (NASDAQ:SURW) issued the following statement in response to inquiries it has received in connection with a recent Sacramento-area newspaper ....
F5 Leaps into Small to Medium Business Market with Radically Simple
Publish Date : 1/20/2005 11:13:00 AM
F5 Networks, Inc. (Nasdaq:FFIV), the global leader in Application Traffic Management, today announced a simplified new version of its best-in-class Secure Sockets ....
F5's FirePass Controller Delivers Enterprise-Ready Secure Remote Access Solution
Publish Date : 1/20/2005 11:11:00 AM
F5 Networks, Inc. (Nasdaq:FFIV), the global leader in Application Traffic Management, today announced a powerful upgrade of its award-winning FirePass(R) Controller.
Broadwing Corporation Sets Fourth Quarter and Year End 2004 Results
Publish Date : 1/19/2005 10:48:00 AM
Broadwing Corporation (NASDAQ:BWNG) today announced that it will release its financial and operational results for the fourth fiscal quarter and year ended December 31...
Total Results : 35 More News (Opens in New Window) : [1] 2 3 4 Next Page
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