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A Payment Breach Prevention Plan
Duration: 60 Minutes
The total number of fraudulent payment card transactions has grown every year since 2006, and experts are calling 2014 "the year of the breach." The Ponemon Institute found that each breach cost the average retailer $8.6 million in related expenses, and the price tag connected with a data breach increased across the board, reaching $20.8 million for financial service firms, $14.5 million for technology companies and $12.7 for communications providers.
With attacks continually on the rise, it's more important than ever that merchants protect themselves from the potentially huge financial losses and damages to their brand and customer loyalty associated with a data breach. Join this educational session to gain insights and some key steps to prevent payment card breaches across your organization.
Merritt Maxim, Senior Analyst for Security and Risk, Forrester Research
Stuart Hince, Sr. Solutions Architect, HP Security Voltage
Stuart joined HP Security Voltage in March 2010 and provides technical support for all of the company's payments-related solutions: HP SecureData Payments, HP SecureData Web and HP Secure Stateless Tokenization. In this role he works directly with card processors, device manufacturers, POS vendors, large merchants, etc. to ensure these technologies are integrated and deployed successfully. Stuart brings 20+ years of experience in software development and a Master's degree in Engineering from Stanford University.
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