Prime Factors Blog

Turnover in the IT Department Have You Feeling Lost in Transition?

Posted by Pete Flagella on Oct 18, 2017 4:13:13 PM

Are you ready to face the impact of losing a key resource in the IT department?

Companies work extremely hard to recruit and retain top-notch employees with valuable skills and knowledge. While there are respective costs and metrics used to quantify the monetary value of loss, what about the measurement of value in knowledge? While there are a number of reasons that losing a key IT resource can be harmful to your company, security may be at the top of the list. The security and encryption tools that you use in your organization can be greatly affected if the knowledge surrounding how these solutions are implemented walks out the door.

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards

The Perfect Cocktail for an Effective Encryption Strategy

Posted by Pete Flagella on Oct 5, 2017 3:17:42 PM

Have you felt “shaken and stirred” with all the recent cyberattacks lately? Equifax, state election systems and the SEC have all been hit in the last few months and there’s more to come. The question is whether the key ingredients of communication, smart key management, and intelligent access control are all mixed to achieve the ‘perfect cocktail’ to an effective encryption strategy. 

Whether using an ATM, sending an email, shopping online or managing a multi-level enterprise, encryption and cryptography are a part of our everyday lives. If organizations are not implementing an effective encryption strategy their most sensitive data and infrastructure are vulnerable to fraud, identity theft, corporate espionage, and a variety of other digital threats.

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards

Data Security Breach Responsibility Shifting to C-Suite, Costly Blind Spots Affect Company’s Financial Landscape

Posted by Pete Flagella on Sep 27, 2017 12:45:49 PM

Data breaches through all industry verticals are on the rise and the responsibility for those breaches has shifted to the C-Suite. According to 2017 data breach reports by Forrester and Verizon, “45% of IT Practitioners don’t believe that brand protection is taken seriously in the C-Suite and 42% of CMO’s don’t believe that brand protection is taken seriously in the C-suite.”  This kind of “in the dark” thinking creates blind spots with costly consequences resulting in decreased bottom line, shareholder value, and damage to the brand.  Additionally, the reports state, “31% of consumers discontinue relationship after a breach.”   The C-Suite miscalculation of risk must be taken seriously and can no longer be viewed only as an IT issue, but rather must be treated as a shared responsibility.

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, data breach, equifax

If This Isn’t Enough to Make Your Heart Stop...

Posted by Pete Flagella on Sep 18, 2017 10:00:00 AM

We have all heard by now that cybersecurity threats through all industry verticals are on the rise. Verticals such as banking and credit services have been sectors ripe for cyber-attacks and data breaches where personal information is targeted. But personal information required for health care services has become a key source for data hackers who are getting smarter -- targeting hospitals for the patient data they require to deliver care and services…it’s enough to make your heart stop. The recent article in Health, Inc. “Hospitals Face Growing Cybersecurity Threats” reminds us how important it is to protect not only the technology that keeps a patient alive and breathing, but also their personal and private health data.

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, encryption keys, PGP, PGP Encryption, PII, health information security

Bang for the Buck: Why Encryption Provides Effective (and Cost-Effective) Data Security

Posted by Pete Flagella on May 11, 2017 10:00:00 AM

Unfortunately, keeping data secure is no longer as simple as placing items in a locked file cabinet. With the adoption of cloud computing, companies now have data that is located across a myriad of different providers and platforms, and ensuring this data is safe can be a challenge. While it may be difficult to institute a perfect security system, encryption offers companies perhaps the most powerful and cost-effective way to protect data – both at rest and while in transit. 

In this blog, we’re going to discuss why it should be a requirement for any company doing business in today’s environment.

To learn how encryption can lower the cost of regulatory compliance while enhancing security, download our white paper Reducing the Cost of Regulatory Compliance with Encryption 

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, encryption keys

Famous Data Breaches – and What They Cost

Posted by Gwen Fremonti on May 4, 2017 10:00:00 AM

While it's the largest data breaches that grab our attention, even smaller information security failures can have a big impact on a business, reducing its credibility, turning off current and potential clients, and making individuals far more vulnerable to fraud and identity theft.

In this article, we’ll look at some of the biggest data breaches ever and examine just how they affected the companies that were victimized. We’ll also answer other questions you might have about some of the biggest (and worst) information security incidents in recent history, such as: How much have the biggest breaches cost? How many customer or user accounts did they expose? How do they compare in size and scope to the Yahoo breach? Let’s find out.

To learn how encryption can lower the cost of regulatory compliance while enhancing security, download our white paper Reducing the Cost of Regulatory Compliance with Encryption 

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, data breach, encryption keys

Encryption: The Cost, The Protection, and the ROI

Posted by Pete Flagella on Apr 27, 2017 10:00:00 AM

It's no longer only the concern of governments and corporations: encryption is both lock and key to cybersecurity across a range of organizations, of all sizes.  In 2016, the Ponemon Institute calculated the average total cost of a data breach to be $4 million. The next two years sees the chances of 10,000 lost or stolen records at the average organization sitting at 26 percent. As more businesses and private users upload and store data in digital cloud environments, encryption is a topic that can't be avoided and a responsibility that shouldn't be ignored.

To learn how encryption can lower the cost of regulatory compliance while enhancing security, download our white paper Reducing the Cost of Regulatory Compliance with Encryption 

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, encryption keys, PCI Compliance

Navigating the Shifting Sands of Data Security and Compliance

Posted by Gwen Fremonti on Apr 25, 2017 10:00:00 AM

One thing that will never change about cyber security is that there will always be change. Protecting sensitive and private information in this age of digital hackers and scammers is more important than ever. Any organization can become a target, and the tools needed to fight the invaders must keep up; industry standards will be updated and new regulations will be added, and your business has to stay on top of all of it.

To learn how encryption can lower the cost of regulatory compliance while enhancing security, download our white paper Reducing the Cost of Regulatory Compliance with Encryption 

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, encryption keys, PCI Compliance

What You Need to Know About PCI DSS 3.2

Posted by Pete Flagella on Oct 11, 2016 10:00:00 AM


Unless you draft regulations or hired someone specifically to study the details of the regulations, it can be hard to keep up with their many changes. Merchants have had a variety of responses when it comes to the requirements of the PCI DSS, from indifference to total acceptance and everything in between. Regardless of how you feel about them though, you will need to be aware of how they're changing and what it means to you. The new version of PCI, 3.2, was developed earlier this year and takes effect on October 31, 2016. The overarching theme is to push more responsibility onto the merchant for keeping their security measures up to date. Some of the updates will require major upheaval for some merchants in order to keep pace with new security standards.

To learn how encryption can lower the cost of regulatory compliance while enhancing security, download our white paper Reducing the Cost of Regulatory Compliance with Encryption 

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Topics: Enterprise Data Protection, encryption, PCI Data Security Standards, PCI DSS 3.2