PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Trustwave

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Trustwave Releases Supplement to 2011 Global Security Report - Report helps acquirers and independent sales organizations understand trends and risks associated with small merchant portfolios
Trustwave Releases Supplement to 2011 Global Security Report

 

NewswireToday - /newswire/ - Chicago, IL, United States, 2011/05/10 - Report helps acquirers and independent sales organizations understand trends and risks associated with small merchant portfolios.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Trustwave, a leading provider of information security and compliance solutions, today released Payment Card Trends and Risks for Small Merchants, a supplement to its 2011 Global Security Report. The report highlights that approximately 90 percent of compromises occur in Level 4 merchant environments.

This statistic, while staggering, is not surprising as the majority of businesses in the US are small, Level 4 merchants, as defined by the card brands based on the number of credit card transactions processed yearly. And while the risk to small business is clear, this population has been slow to validate compliance with the Payment Card Industry Data Security Standard (PCI DSS), which is shown to be one of the best ways to combat the theft and fraud experienced by this diverse population.

These smaller merchants often rely on their acquirer or independent sales organization (ISO) to initiate PCI DSS compliance validation. Without directive or enforcement of such initiatives, many will forgo the very basic steps to protect their networks and their customers' cardholder data because they feel they do not have the time or the proper resources, or they're just not aware of the requirement. In addition, many do not grasp that the risk of a breach is directly pointed at their business type.

The report demonstrates that for these reasons acquirers and ISOs are encouraged to implement PCI DSS compliance validation programs for their merchant populations. These institutions, often referred to as the program sponsors, help enforce compliance, mitigate risk and in turn, provide a tremendous security benefit for the merchant, as well as the greater population by helping to combat ever-evolving data security threats.

"This report clearly demonstrates that merchants do not understand that the risk of a compromise is not equated to the size of their business," said Robert J. McCullen, chairman, CEO and president of Trustwave. "As one of the pioneers in merchant compliance programs, Trustwave can work with any size organization to implement a program that will help enforce compliance, as well as educate the smaller merchant and help them understand the importance of PCI DSS compliance validation."

"As one of the first acquirers to provide a small-merchant risk-mitigation and PCI DSS program, we found the data in Trustwave's Payment Card Trends and Risks for Small Merchants very valuable," said Carlos Navarro, CMO of Elavon. "It's on target with the challenges we face in continuing to ensure all merchants in our own Level 4 portfolio are PCI DSS compliant. This report continues to help educate and build awareness of the importance of protecting cardholder data with even the smallest merchants."

The Payment Card Trends and Risks for Small Merchants also reported on compromises across industries and found that two groups, Food and Beverage and Retail, made up 75 percent of all breaches. Of those breaches, 85 percent affected small merchants. Other key findings in the report show that merchants who fail to validate compliance with the PCI DSS, fail at six of the 12 requirements more than 90 percent of the time. Both of these statistics provide further evidence that ISOs and acquirers should implement compliance programs to help secure their merchant populations.

To obtain a copy of Payment Card Trends and Risks for Small Merchants, please visit Trustwave booth 116 during the Electronic Transaction Association (ETA) show, or visit the website.

About Trustwave
Trustwave (trustwave.com) is the leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today's challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions including SIEM, EV SSL certificates and secure digital certificates. Trustwave has helped thousands of organizations-ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers-manage compliance and secure their network infrastructures, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, Asia and Australia.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Trustwave

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
IT Security Anti-Spam Computer Security - Purchase keywords tags antivirus software firewall spyware removal virus scan computer security IT Security Anti-Spam malware / Banner Ads!.

 
  Your Banner Ad showing on ALL
IT Security/Anti-Spam articles,
CATCH Visitors via Your Competitors Announcements!


Trustwave Releases Supplement to 2011 Global Security Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Marketing - Trustwave.com 
312-873-7500 marketing[.]trustwave.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Trustwave securities in any jurisdiction including any other companies listed or named in this release.

IT Security/Anti-Spam via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Trustwave / Company Profile


Read IT Security/Anti-Spam Most Recent Related Newswires:

NEC Completes 'ATISA' Submarine Cable
NEC PLM Templates Enable the Quick and Low-cost Introduction of Obbligato III
Rambus Launches JEDEC-Standard DDR4 NVRCD for Emerging NVDIMM Applications
MHM Services Streamlines IT Business Operations, Prevents Ransomware Attacks with Barracuda Essentials
NEC Supplies LX Supercomputer to Czech Hydrometeorological Institute
New Mimecast Report Detects 400% Increase in Impersonation Attacks
Barracuda Expands Offerings to Enable Increased MSP Efficiency
Mimecast and PhishMe Collaborate to Improve Cyber Resilience
NEC and Tokyo Institute of Technology Use AI to Dramatically Increase Image Clarity Under Severe Conditions
NEC Receives Award from ITU-AJ for its Accomplishments in Submarine Telecom Cables
NEC/Netcracker Partners with Infinera and Juniper Networks to Enable End-to-End Network Automation and Control
Industrial Control System Security Vendors Roll Out Functional Products to Protect Critical Infrastructures in Asia-Pacific Finds Frost & Sullivan
Leonardo to Provide Protection Against 'Ransomware' Cyber Threats
High-Tech Bridge Named The Innovative Application Security Testing Vendor
Verint Awarded Multimillion Dollar Government Cyber Security Project

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)