Data Security

Just 40 percent of respondents in a recent survey said all of their organizations sensitive data is adequately secured.

Retailers need to check their list twice to ensure the proper security measures are in place.

The case was dismissed because the plaintiff could not prove that his information was actually used fraudulently following the breach of a pharmacy benefit management provider.

The restaurants, located in Louisiana and Mississippi, are seeking millions of dollars in damages from Georgia-based point-of-sale vendor Radiant Systems and its distributor Computer World.

As expected, IBM on Tuesday announced the acquisition of Waltham, Mass.-based database security start-up Guardium. IBM said the acquisition will improve its ability to help businesses safeguard sensitive information from internal threats and external hackers by continuously monitoring access to critical databases. The financial terms of the deal were not disclosed, but Israeli financial newspaper, TheMarker, estimated the buy at $225 million. — AM

IBM on Monday is expected to announce the acquisition of database security start-up Guardium for $225 million, according to reports citing Israeli financial newspaper, TheMarker, which first reported the deal. An IBM spokesman declined to comment about the deal when contacted by SCMagazineUS.com on Monday. Israeli daily Ha'aretz reported that IBM has been courting Guardium since January. Guardium has about 60 employees and was founded in Israel in 2002 but moved to Boston in 2003. — AM

Seventy-nine percent of federal government IT executives surveyed recently said unstructured data increases the security risk within their organization.