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04.19 - 04.22 Vanguard Security ...

Question: What do you see as the biggest challenge in determining #security over your data in the hands of your #vendors and #suppliers?

Average annual cost of #PCI compliance audit? $225k http://bit.ly/9o0PjU

#PCI DSS logging: A must for #compliance http://bit.ly/9Fom7k , it mandates logging of specific details and log-review procedures

Security Breach Notification Laws Reinforce Need for Cyber Insurance http://bit.ly/cSyqjK 40 states now enforcing privacy security laws

RT @mashable Hundreds of Twitter Accounts Hacked [WARNING]. http://bit.ly/dq5VCo #Twitter #Hacked #Hacking

New laws and regulations regarding data security breaches and disclosure laws affect the way in which financial institutions do business. This study provides a review of the scope and impact of data security breaches in the financial industry in an effort to encourage proactive modification to risk mitigation technologies, policies, and procedures that reduce exposure to a data breach incident. The data breaches mentioned in this report exposed personal information that is useful to identity thieves for unlawful purposes. This information could include Social Security numbers, account numbers, and driver’s license numbers. Some breaches that did not expose sensitive information have been included to underscore the variety and frequency of data breaches. The breaches include only those reported in the United States.

The Whitepapaer by our partner Perimeter, "A Comprehensive Study of Financial Data Security Breaches in the United States - 2008" willprovide some valuable insights. Please provide some basic information and you can then go to our download page.

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