Voltage Security Comments on Largest US Data Breach

Voltage Security Comments on Largest US Data Breach

Voltage Security Comments on Largest US Data BreachIn light of charges filed last week in a U.S. court against five cybercriminals in what’s being considered the largest-ever US data breach, Voltage Security cautions that the risk is still high but can be avoided with a data-centric security strategy.  Voltage customer Heartland Payment Systems Inc. was one of the companies involved in the attacks.

"It's good to see attackers prosecuted, but the fact is the damage is done - millions of dollars’ worth. More alarming is that these failures to protect data assets in the face of sophisticated adversaries are all avoidable at a cost that is pennies on the dollar, compared to the cost of repair," said Mark Bower, VP, Voltage Security.

"What's more, the U.S. Government is already far down the path of new technology standards to define the next generation of data protection technologies, so industry can once and for all get ahead of the rising breach risk problem using proven, standard and recognized approaches - a gap which has seen all manner of potentially risky solutions emerge as the market looks for silver bullets.

“The fact is, leaders in the banking, healthcare and defense sectors are already embracing the newer breed of data protection technologies and taking the attackers head on. With the new data-centric security approach to data protection, the table is turned,” he said.

“Attackers who get their hands on the data get nothing, yet the data owners continue to get value from their data assets without even flinching. Data-centric security has emerged as the leading approach to stop CISO's from losing sleep at night over fears of breach risks,” Bower added.

"More recently, with Big Data in the spotlight with all its power of insight and business value, so is the risk it brings to the table. Sensitive data at scale means big risk. Fundamentally, the concentration of sensitive data inside a Big Data tool, like Hadoop, that's optimized to analyze, search, and digest data at massive scale and velocity plays into the attackers hands if the data itself is not secure. Standards-based, data-centric security solves that difficult problem - protecting data while simultaneously liberating it for analysis in low trust environments. Data security has to be hand-in-hand with data use, storage and movement - what used to be separate matters of storage protection and transport protection with all sorts of exploitable security gaps, especially during live data handling, can now be unified at the data level, putting the control back to the business, and removing compliance barriers and attack vectors efficiently and quickly,” he explained.

Voltage Security delivered the primary technology that enabled Heartland to recover from this breach in less than 60 days. Heartland’s CEO, Bob Carr, acknowledged, “Every single breach I know of wouldn't have happened if our end-to-end encryption solution had been there.”

“We provided the technology to remediate their breached systems, their merchant systems and their merchants. We protect their data. We helped Heartland save their business,” said Bower.

Featured

  • It Always Rains in Florida

    Over the years, and many trips to various cities, I have experienced some of the craziest memorable things. One thing I always count on when going to Orlando is a massive rainstorm after the tradeshow has concluded the first day. Count on it, it is going to rain Monday evening. Expect that it will be a gully washer. Read Now

    • Industry Events
  • Live from GSX 2024 Preview

    It’s hard to believe, but GSX 2024 is almost here. This year’s show runs from Monday, September 23 to Wednesday, September 25 at the Orange County Convention Center in Orlando, Fla. The Campus Security Today and Security Today staff will be on hand to provide live updates about the security industry’s latest innovations, trends, and products. Whether you’re attending the show or keeping tabs on it from afar, we’ve got you covered. Make sure to follow the Live from GSX page for photos, videos, interviews, product demonstrations, announcements, commentary, and more from the heart of the show floor! Read Now

    • Industry Events
  • Elevate Your Business

    In today’s dynamic business environment, companies specializing in physical security are constantly evolving to remain competitive. One strategic shift these businesses can make to give them the advantage is a full or partial transition to a recurring revenue model, popularly called a subscription service. This approach will bring numerous benefits that not only enhance business stability but also improve customer relationships and drive innovation. Recurring monthly revenue (RMR) or recurring annual revenue (RAR) are two recurring cadence choices that work simply and effectively. Read Now

  • Playing a Crucial Role

    Physical security technology plays a crucial role in detecting and preventing insider cybersecurity threats. While it might seem like a stretch to connect physical security with cyber threats, the two are closely intertwined. Here’s how physical security technology can be leveraged to address both external and internal threats. Read Now

Featured Cybersecurity

Webinars

New Products

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.” 3

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols. 3

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles. 3