Today the SecureStore framework from IBM was announced...a new solution to help retailers reduce losses caused each year by physical theft, electronic data breaches and compliance violations.
According to a 2008 National Retail Federation Organized Retail Crime Survey, 85 percent of retailers surveyed indicated they had been victims of organized retail crime in the last 12 months! That translates to $30 billion in losses per year, according to the FBI.
The SecureStore framework is a converged security and compliance framework for protecting against online and physical risks that can help retailers reduce losses from theft, prevent brand and financial damage from data breaches and help reduce the cost and complexity of complying with PCI and other regulations.
We were part of the SecureStore team that insured that the right features from the Tivoli portfolio were leveraged. For example, among the many features, SecureStore pulls together security offerings from ISS, Rational and Tivoli product line to help protect databases and applications from network-based threats. That means less work, less loss, and more value for our customers.