Majority Of Retail Sector Does Not Meet New PCI Standards

PRESS RELEASE

PORTLAND, OREGON -- October 30, 2013 -- Tripwire, Inc., a leading global provider of risk-based security and compliance management solutions, today announced the results of research on risk-based security management in the retail industry.

The survey, conducted in April 2013 with the Ponemon Institute®, evaluates the attitudes of 1,320 respondents from IT security, IT operations, IT risk management, business operations, compliance/internal audit and enterprise risk management. One hundred sixty-two retail sector respondents from the U.S. and U.K. participated in the retail portion of the survey.

The most recent version of the Payment Card Industry Data Security Standard (PCI DSS 3.0) will soon require businesses to implement and perform penetration testing. In addition, PCI DSS 3.0 will also clarify different methods of secure authentication and session management so businesses can better protect themselves against man-in-the-middle, man-in-the-browser and other similar cyber attack methods. However, the study revealed that the retail industry hasn't yet implemented these new security requirements.

Key findings include:

Only 41% of the retail sector uses penetration testing to identify security risks.

Only 34% of the retail sector measures the reduction in access and authentication violations to assess risk management efforts.

Only 44% of the retail sector has fully or partially deployed file integrity monitoring.

62% of IT professionals in the retail sector say that negative facts about security risks are filtered before being communicated with senior executives.

"Although these survey results don't reflect it, the retail industry is very focused on PCI 3.0 compliance," said Michael Thelander, director of product management for Tripwire. "And Tripwire is hard at work to make these new controls less expensive, easier to implement, more scalable and more intelligent out of the box."

For more information about this survey, please visit: http://www.tripwire.com/ponemon/2013/

About the Ponemon Institute

The Ponemon Institute© is dedicated to advancing responsible information and privacy management practices in business and government. To achieve this objective, the Institute conducts independent research, educates leaders from the private and public sectors and verifies the privacy and data protection practices of organizations in a variety of industries.

About Tripwire

Tripwire is a leading global provider of risk-based security and compliance management solutions, enabling enterprises, government agencies and service providers to effectively connect security to their business. Tripwire provides the broadest set of foundational security controls including security configuration management, vulnerability management, file integrity monitoring, log and event management. Tripwire solutions deliver unprecedented visibility, business context and security business intelligence allowing extended enterprises to protect sensitive data from breaches, vulnerabilities, and threats. Learn more at www.tripwire.com or follow us @TripwireInc on Twitter.