Thanks in large part to the Hannaford Brothers breach, which potentially compromised
more than four million credit and debit card numbers, 2008 looks likely to be
yet another record-breaking year for data breaches. In fact, according to the
Identity Theft Resource Center, the first three months of this year show that
2008 is on track to double the number of breaches recorded in 2007.
So, while law enforcement organizations, security analysts, the media and consumers
try to figure out exactly what happened at Hannaford, the truth of the matter
is that we already know how to prevent it from happening again: implement end-to-end
encryption of data.
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It will take months to sort out exactly what happened at Hannaford, but it
doesn't really matter how the data was stolen, nor does it really matter whether
the organization (as reported) was truly compliant with the Payment Card Industry
Data Security Standard (PCI DSS). What matters is that bad guys were and will
continue to be at least one step ahead of network security, so the only surefire
way to safeguard data is to encrypt it -- period.
It is worth noting that as a result of the data breach, Hannaford recently
announced a large scale security initiative that goes beyond the safeguards
within PCI. And, a large part of that initiative calls for greater use of encryption.
Encryption works to thwart criminals in two ways. First, if they know the data
is encrypted, they will most likely go after an easier target. Second, if they
do steal the encrypted data, it is unreadable and useless to them without the
encryption key.
Encryption is the new black
While security hasn't always been trendy, apparently the industry is following
the fashion industry culture by going retro. So what's making the age-old technology
of encryption today's hottest security trend? In today's world, the protection
of sensitive data is one of the most critical concerns for organizations and
their customers. This, coupled with growing regulatory pressures, is forcing
businesses to protect the integrity, privacy and security of critical information.
As a result, encryption and cryptography are emerging as the foundation for
enterprise data security and compliance, and quickly becoming the foundation
of IT security best practices. Cryptography, once seen as a specialized, esoteric
discipline of information security reserved primarily for military and financial
industries, is finally coming of age, because, encryption protects data. Period.