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Many UK retailers handling credit card transactions have no visibility of who has been accessing data within the company network, as reported by Computing Magazine based on research by Vanson Bourne on our behalf. Almost half (45 per cent) of the 60 medium-to-large UK retailers polled – which include supermarket chains, department stores and clothing retailers – are unable to track and trace data access. Even at those retailers who do track data access, security breaches can go unnoticed for an entire day in most implementations.
The responsibility for protecting and maintaining 85 per cent of your ‘digital shadow’ including financial records, web surfing histories, historical credit card transactions and such lies with businesses such as retailers, according to a study commissioned by EMC.
Is it surprising anybody that fraud is at an all-time high? This too has been reported on by our UK friends at Computing Magazine, based on research by KPMG. It sure seems like across the pond they have all the numbers to backup why user tracking should be a priority. So why isn't it? Problems cited by the IT directors in our survey include budget restrictions (24 per cent), time (14 per cent) and other priorities (41 per cent).
Posted April 02, 2008 in | Permalink
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