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TheLowDown Monthly Newsletter               August 19, 2008

Cisco Highlights a New Data Security Blueprint for Retail/Healthcare Industries

Written by: Evan Schuman, Editor of StorefrontBacktalk.com

As retail and healthcare executives around the globe struggle to adhere to a wide range of data security rules, many are discovering some unpleasant truths. Chief among those is that few of these companies truly know where all of their data is at all times.

This is not to say that officials at most retailers and healthcare companies are ignorant about where their data starts and where it is sent. But as data routes its way through off-site backup and into employees' laptops and USB flash drives, is shared with key customers and partners over an extranet, and is even spoken in a call center, that data can end up in quite a few unexpected places.

Many efforts today try to address data security concerns in the retail and healthcare industries. Getting the most attention in retail is the Payment Card Industry's Data Security Standard (PCI DSS, more commonly referred to as simply PCI). These guidelines describe the proper handling of payment card information, along with procedures for companies to be formally assessed for compliance.

PCI uses a carrot-and-stick method to encourage compliance. The sticks are fines and penalties for missed deadlines. The carrot is that compliant companies may enjoy reduced tiered service fees. This directly impacts a company's bottom line.

What Do You Really Know About Your Data?

The key to protecting sensitive data such as customer credit card data is that companies know where that data is. "You need to know where your data is at all times, both at rest and in motion," says Cisco's Terri Quinn-Andry, Compliance Solutions Manager. "Many organizations do not always know where that data is or where it goes."

"The first step in protecting data is figuring out where it is. And today, companies simply do not know all of those places," says David Taylor, formerly an analyst with Gartner Inc., who today runs the PCI Knowledge Base Web site. "Users know the repositories. What they do not know is what individuals have done to that information after it has been received."

Four key elements for helping protect their critical assets:

1. Education: Identify what the business critical data assets are and where these assets are located.

2. Operations (Process): Safeguard critical data while "at rest and "in motion". Isolate access to those assets and network segments where the assets are with a layered defense approach.

3. Regulatory and Corporate Policy Compliance: Adopt a security program that focuses on safeguarding critical data and addresses government and private-sector compliance requirements such as Sarbanes-Oxley, PCI, and HIPAA.

4. Technology: Implement a solid security infrastructure and portfolio of technologies that satisfies the education, operations and policy steps. By taking this layered approach to security, Quinn adds that, "organizations will be in a better position to safeguard their critical assets and respond to potential security threats in a more nimble and timely manner" (News@Cisco).

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