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

  • AI to Help Resolve Non-Emergency Calls Across Utah and Decrease 911 Caller Wait Times

    The Utah Communications Authority (UCA), which oversees the state’s next generation 911 technology services, recently announced that public safety answering points (PSAPs) throughout the state plan to implement Motorola Solutions’ Virtual Response technology to automate the receipt and resolution of 10-digit non-emergency line calls in Utah with the help of AI. Read Now

  • Report Reveals Local Governments Face Surge in Ransomware Attacks with Minimal Resources

    KnowBe4, the cybersecurity platform that comprehensively addresses human risk management, recently released new research highlighting the critical cybersecurity challenges facing state, local, tribal, and territorial (SLTT) governments. The report details how government organizations have become prime targets for cybercriminals while simultaneously facing severe resource constraints. Read Now

  • Video Surveillance Trends to Watch

    With more organizations adding newer capabilities to their surveillance systems, it’s always important to remember the “basics” of system configuration and deployment, as well as the topline benefits of continually emerging technologies like AI and the cloud. Read Now

  • New Report Reveals Top Trends Transforming Access Controller Technology

    Mercury Security, a provider in access control hardware and open platform solutions, has published its Trends in Access Controllers Report, based on a survey of over 450 security professionals across North America and Europe. The findings highlight the controller’s vital role in a physical access control system (PACS), where the device not only enforces access policies but also connects with readers to verify user credentials—ranging from ID badges to biometrics and mobile identities. With 72% of respondents identifying the controller as a critical or important factor in PACS design, the report underscores how the choice of controller platform has become a strategic decision for today’s security leaders. Read Now

  • Overwhelming Majority of CISOs Anticipate Surge in Cyber Attacks Over the Next Three Years

    An overwhelming 98% of chief information security officers (CISOs) expect a surge in cyber attacks over the next three years as organizations face an increasingly complex and artificial intelligence (AI)-driven digital threat landscape. This is according to new research conducted among 300 CISOs, chief information officers (CIOs), and senior IT professionals by CSC1, the leading provider of enterprise-class domain and domain name system (DNS) security. Read Now

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.