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Industry News

Report: Hospitality, food and beverage industries most vulnerable to payment processing breaches

By Joseph Trigliari

10/02/2010 - Merchants in the hospitality and food service industries may be the most vulnerable to payment processing breaches, largely due to a lack of proactive security testing, a recent report found.

According to the latest Global Security Report from SpiderLabs, the advanced security team at data security and PCI compliance firm Trustwave, merchants in the hospitality or the food and beverage industries represented 51 percent of compromise investigations conducted by SpiderLabs in 2009, though they represented just 7.6 percent of penetration tests performed.

Conversely, companies in the technology and business services sectors made up 36.1 percent of penetration tests and just 9 percent of compromise investigations.

Furthermore, organisations seem to be failing to cover even the most fundamental basis when it comes to payment processing security.

"The incidents we investigated showed that the hacking techniques used to penetrate a system were trivial - that is they are very simple attack methods that have existed for many years, yet many of these organizations never knew the vulnerabilities or the systems penetrated existed within their environment," said Nicholas J. Percoco, senior vice president and head of SpiderLabs. "In 2010, organizations should adjust their security plans and prioritize security risks before implementing a new strategic initiative."

Experts say even the most simple compliance initiatives can help improve payment processing security, such as changing passwords frequently and training employees on proper internet use. ADNFCR-2514-ID-19609276-ADNFCR

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