71 percent of merchants were found to store unencrypted payment card data in 2011, which is an increase of 8 percent since 2010, according to a study by SecurityMetrics.
PCI DSS certification is required by major credit card companies for all merchants who process, accept, or store credit card information.
Nearly two-thirds of merchant computer systems store unencrypted payment card data in violation of the PCI DSS, according to scans of more than 475 merchant networks of all sizes by SecurityMetrics. This readable card data leaves merchants liable to fines and other penalties in case of card data compromise.
Crypto technologies play a crucial role in data protection and compliance activities across a wide range of industry sectors, in both private and public organizations, according to The Ponemon Institute.
The Web site of Lush, the natural ingredients cosmetic firm, has reportedly been cracked and subverted by attackers, with reports that customers' bank details have already used by fraudsters.
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