FFIEC News

Hackers Directly Impacting Corporate Security: Securestate Report

(Jan 31, 2008)-- SecureState, an information security firm specializing in assessments has published the Top Eight Trends for 2008. The firm has decided to publish those trends that they see directly influencing budgets, decisions and consumer confidence in the next 12 months.

Every year, SecureState works to secure over one-hundred different companies, spanning across various industries. During their tenure, SecureState consultants have seen the rise and fall of various security trends each year.

Hackers wreaked havoc in 2007, causing a record number of information security breaches. Many companies are a step behind the hacking community because they do not have a specific person or group that manages their security. An increase in the hiring of Chief Information Security Officers will be a top trend for 2008.

Another heavy player again in 2008 is the Payment Card Industry (PCI) Data Security Standards (DSS). PCI will make web application security mandatory as of June 2008. This includes Payment Application DSS, which enforces proper secure coding practices in the Software Development Life Cycle.

PCI will also increase focus on Levels two through four (companies processing less than six-million transactions per year). It was reported in 2007 that only 55 percent of the companies in these levels were compliant ("September 2007 Compliance Report," Visa).

Other big issues outlined in the Top eight in '08 include convergence of physical and logical security, HIPAA and globalization.

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