2^nd Feb 2009 Research just released shows that 83 per cent of people use their date of birth, maiden or pet name as a security password for e-banking or email accounts strengthens the case for the use of encryption on company data of all types, says Credant Technologies.

One in eight online UK merchants lose more than 5% of revenue to fraud

READING, U.K. – January 28th, 2009 - Fraud is taking a bigger bite out of UK online revenues. One in eight businesses in 2008 suffered fraud losses in excess of 5% of total online revenues, while rates of more than 1% are now common. The figures come from a survey of 150 online merchants undertaken by CyberSource Ltd., the UK-based subsidiary of CyberSource Corporation.  The survey was conducted by research group Vanson Bourne—the findings constitute the fifth annual UK Online Fraud Report, available now.

40% of merchants saw their rate of fraud loss increase in 2008; slightly more saw their rates remain static. Overall, the rate of fraud increased 2.6%. Rates for approximately 13% of merchants climbed more than 20%. 37% of merchants now see revenue losses due to online fraud of 1% or more.

27^th January 2009 - Credant Technologies, the military grade encryption specialist, says that a Welsh NHS Trust, which has been rapped over the knuckles for being in breach of the Data Protection Act after losing data on 5,000 patients held on a laptop, could very easily have avoided the problem had it used encryption technology.

"The Information Commissioner's Office has quite rightly found the Abertawe Bo Morgannwg trust to be in breach of the DPA for losing the data on the South Wales patients in its area," said Michael Callahan, Credant's vice president.

"It's good to see that the ICO has elicited an agreement with the Trust to encrypt all of its patient data in future, and step up IT security generally," he added.

Slough, UK, 27 January 2009 - Qualys, Inc., the leading provider of on demand IT security risk and compliance management solutions, today announced that the company has published PCI Compliance for Dummies in conjunction with publisher John Wiley & Sons.

PCI Compliance for Dummies is the first accessible, easy-to-read written guide designed to educate merchant organizations about Payment Card Industry (PCI) Data Security Standard (DSS) which is now a mandatory requirement for companies that store, processes, or transmits payment cardholder data. PCI Compliance for Dummies provides the need to know information about PCI DSS and how merchants can best comply with its requirements for secure results. This book is co-authored by Qualys’ Sumedh Thakar and Terry Ramos.