A global perspective on data breach trends
Trustwave released key findings and recommendations in its annual report on global data breach and security trends. Report analysis included investigations, research and client engagements based on 300 data breach investigations and 2,000 penetration tests conducted by the Trustwave SpiderLabs advanced security team during 2011.
"In 2011, we performed 42 percent more data breach investigations and assembled a thorough study on business password practices," said Nicholas J. Percoco, Senior Vice President and head of SpiderLabs. "The information we have gathered highlights security trends and risks that businesses should address in 2012."
Key report findings include:
For a second consecutive year, the report identified the food and beverage industry as the top target for cyber-criminal activity, accounting for nearly 44 percent of data breach investigations. Franchise businesses, which accounted for more than a third of SpiderLabs' 2011 breach investigations, is expected to be the business model most at risk for breaches in 2012, researchers noted.
"Any organization can be a target, but as detailed in our report findings, those most susceptible are businesses that maintain customer records or that consumers frequent most, including restaurants, retail stores and hotels," Percoco said.
E-commerce trend spotting
A Forrester Research report, U.S. Online Retail Forecast, 2011 to 2016, provides an analysis of trends expected to drive consumers online to spend $327 billion annually by 2016, up from $200 billion in 2011. Underlying trends identified include higher percentage of sales from existing online shoppers, dominance of the fourth quarter cyber-season, growth of online loyalty programs and flash sales sites, and tablet devices as the preferred choice among mobile shoppers.
Data breach surge in 2011
The 2012 Data Breach Investigations Report by Verizon Wireless offers a global analysis of data breach investigations, which escalated in 2011 to 885 incidents compromising 174 million records, the second highest on record since the company began tracking data in 2004. The report covers threats to businesses, including hacking, which comprised 81 percent of breaches investigated.
Mobile as an enterprise strategy
An Aberdeen Group report, Elevating Mobile Commerce as an Enterprise-Wide Strategy, the sixth in a series on mobile and tablet commerce trends, explores mobile commerce from within and outside the physical store. In order to reach "critical mass" usage, the study suggests retail localization and augmentation of mobile usage across departments. It also addresses challenges to mobile alignment initiatives and strategies for overcoming roadblocks.
The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.
Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.Prev Next