SOURCE: Protegrity USA, Inc.

Protegrity USA, Inc.

August 16, 2011 08:30 ET

Recent Corporate Data Breaches Could Have Been Prevented, According to New Report From Protegrity

Protegrity Dissects Epsilon, Sony and Citigroup Breaches Offering Tips on How Each Could Have Been Avoided

STAMFORD, CT--(Marketwire - Aug 16, 2011) - Protegrity, a leading provider of end-to-end data security solutions, published a report analyzing the recent data breaches at Epsilon, Sony and Citigroup. The report, entitled "It's Not Just About Credit Card Numbers Anymore," highlights the growing trend of hackers targeting personally identifiable information (PII) such as email addresses and passwords, as opposed to financial information, and offers advice on how these data breaches could have been prevented.

"Data breaches are spiraling out of control, and companies like Sony, Citi and Epsilon are finding out just how expensive it is not protect customer data properly," stated Suni Munshani, CEO of Protegrity and author of the report. "The right combination of data security solutions like tokenization and consistent security policies would have prevented all of the three data breaches mentioned in the report and saved those companies tens of millions of dollars in damages and litigation."

The report also examines the best data security approaches and how companies can implement them to ensure that they will not fall victim to a data breach in the future. Highlights of the report include:

  • A detailed look into the Epsilon, Sony and Citigroup data breaches
  • Best practices for protecting financial information and PII
  • Why tokenization is the best way to protect all data types

The full report can be downloaded at: http://go.protegrity.com/DataBreach_download.html

About Protegrity
Headquartered in Stamford, Conn., Protegrity provides high performance, infinitely scalable, end-to-end data security solutions that protect sensitive information across the enterprise from the point of acquisition to deletion. The company's award winning software products span a variety of data protection methods, including end-to-end encryption, tokenization, masking and monitoring and are backed by several important data protection technology patents. Currently, more than 200 enterprise customers worldwide rely on Protegrity's comprehensive data security solutions to enable compliance for PCI-DSS, HIPAA and other data security requirements while protecting their sensitive data, brand, and business reputation. For more information, please log on to http://www.protegrity.com.

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