Managed Hosting News 
Wednesday, 3rd August 2011, 16:39:45
Data security 'is a hot topic'
Data security has been described as a "hot topic" for financial institutions and other organisations.
According to Dr Akif Khan, director of products and services for CyberSource, loss of information can result in penalties and damage a brand's reputation.
Upcoming research from the firm indicates 69 per cent of online retailers invest in payment security measures to protect their revenues and brand, while 26 per cent do so to avoid bank fines.
"Customer perception and reputation is critical to the success of a business, so it is absolutely imperative that online retailers take steps to secure their customers' information," Dr Khan remarked.
The expert went on to urge financial institutions to consider the security implications that are related to the adoption of new business channels, such as mobile phones.
His comments come shortly after a study conducted by eWeek Europe showed online security is the biggest barrier to the adoption of cloud services, with a fifth of respondents stating they were concerned about the safety of the technology.
Find out about High Availability, Highly Secure Managed Hosting Solutions from Hostway
Posted by Phil Williams
Categories: | Security |
Related Headlines:
28-07-2011: Less than half of software market 'belongs to top five security vendors'
27-07-2011: Social media 'could attract spam'
25-07-2011: Website security lapses 'likely to continue'
25-07-2011: Growth of malware 'requires new anti-virus solutions'
20-07-2011: M86 report reveals increased internet security threat
Previous Headlines:
02-08-2011: Apple TV gets new streaming service
02-08-2011: Online marketing 'is a gradual process'
01-08-2011: Apple wins rights to ipods.com domain name
29-07-2011: Mobile internet news: Smartphones 'responsible for O2 growth in Ireland'
29-07-2011: AOL launches HD app for video streaming
Meet the News Team...
CALL: 0808 180 1880
or just email our Sales Team if you have any questions about any of Hostway’s services.
News Categories:
Read the latest headlines from these selected categories...
News Archives:
Previous headlines...
* All prices exclude VAT where applicable. All plans, packages and offers are subject to terms and conditions of sale available on the site.
© Hostway Corporation. All rights reserved.
A global web hosting leader, Hostway has strategic locations in the United States and Europe, including the Netherlands, Belgium, France, Romania and Germany, as well as Korea, India, and Australia.
