Posted on October 7th, 2010 No comments
What would you do if your tokenization vendor goes out of business or gets acquired by a company with a whole different approach to tokenization? This is the ever awkward but increasingly important question every IT executive looking at tokenization needs to ask. The reality is that there are many firms in the tokenization space today, and you cannot count on all of them being around forever.
See original here:
If Your Token Vendor Goes Bankrupt, What Happens To Your Data?
Posted on September 11th, 2009 No comments
Backup Tape Reported Missing from Vendor Storage FacilityChase Bank has sent out data breach notification letters to an undisclosed number of customers after a computer tape with customers’ personal information was reported missing from a third-party vendor’s storage facility.
Read the original post:
Chase Bank Notifies Customers of Breach
Posted on July 28th, 2009 No comments
An E-Commerce software company that, as part of its service for small retailers accepted payment card data and then sent it to various processors, has found itself on the wrong end of a breached company news release, confirming that payment data from some 574,000 customers—processed through 4,343 of its small retail clients—had been accessed. The stolen data included transaction specifics, card account numbers, names and consumer addresses. The vendor—Network Solutions—had been certified PCI compliant (you just knew that was coming, no?)The details include an early PCI attempt to try and walk back the certification, retailers complaining about their names appearing in a breach notification letter and the vendor bringing in General Dynamics, a familiar name from the data breach probes of both TJX and Hannaford.
See the original post here:
Network Solutions Data Breach Hits 574,000 Consumers