Dominic Bowkett’s Technology Blog
Hoboken, NJ and New York City, NY (PRWEB) July 12, 2012
Hoboken, NJ – July 12, 2012-Carl Mazzanti, chief executive officer, eMazzanti Technologies is one of the featured speakers at the upcoming Microsoft World Partner Conference being held in Toronto, Canada, July 8-12, 2012. Mazzantis presentation was given in the exclusive Microsoft Solution Innovation Center (SIC).
Mazzantis presentation is entitled: Securing Mobile POS -How the retail industrys databases are being compromised and what to do about it.
According to researchers at SecureWorks, retail sector hacking has increased 43 percent since 2010, said Mazzanti. White Hat Security, a web security firm estimates 51% of the retail websites are exposed to serious vulnerabilities every day of 2011.
Retail Data Breaches Common
Some of the more famous companies that have had data breaches in the last two years include:
LinkedIn Sued for $ 5 Million Over Data Breach-More than six million stolen passwords turned up on websites frequently by hackers Reuters June 21, 2012
Global Payments Says Data Breach is Contained-recent data breach put 1.5 million credit card holders as risk Reuters, June 12, 2012
Citi admits customer data at risk after breach-Citigroup has acknowledge that a computer breach may have given hackers access to the data of hundreds of thousands of bank credit card customersThe Financial Times, June 9, 2012
Sony apologizes for online data breach-Sony executives apologized to millions of online gamers following the breach of its network by hackersThe Financial Times, May 1, 2011
Mazzanti continues, Retailers of all sizes are at risk of being hacked basically because information can be sold.
It Pays to Hack
According to eMazzanti, Data is worth a great deal of money on the black market. Here are some examples of what this information is worth to fraudsters.
Full Credit Card Data pays $ 1.50-$ 3.00/ card number
SSN/ DoB/ pays $ 1-$ 3
Mother’s Maiden Name pays $ 5-$ 6
Online Bank Logins
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