May 23, 2011
Security Simulation Conducted by Trustwave
Trustwave recently announced that the Senior Vice President of SpiderLabs contributed to a real-time simulated data exploitation of an online payment system at the Visa Global Security Summit. Trustwave is a large information data and compliance solutions organization and one of the largest overall sponsors of this event.
Notable Attendees
The company acted as a forensic investigator accompanied by a representative from the PCI Security Council Standards, a former Federal Trade Commission Chairman and former Massachusetts Attorney General. The simulation occurred on Wednesday, April 27th, 2011 at 3:15 PM EDT in Washington, DC. The practice was led by the principal of the Chertoff Group who is also a former director of NASA and the CIA.
View the Simulation
A broadcast of the simulation will soon be available on Visa’s Security Summit website. Recently, another employee at SpiderLabs competed against several students in a mock attack on payment systems. This exercise was took place at the National Collegiate Cyber Defense Competition. The goal of the participants was to display the roles of the public and private sectors in addition to law enforcement in the security role.
Raising Awareness
The event clarified the increasing awareness across many business sectors of the major threats posed by cyber criminals. These actions cost the United States economy millions of dollars every day. The simulated breach confirms critical risks with attacks and data mining and presents the solutions to prevent such future occurrences.
About SpiderLabs
The Senior VP of SpiderLabs is said to be one of the best information security professionals in the United States and one of the top in the world. As a result, SpiderLabs is the industry leader in the application of security tests and penetration boasting a portfolio of thousands of clients since the company’s conception six years ago.
Trustwave News
On a side not, Trustwave also recently announced that the company has filed the required preliminary paperwork for its upcoming plans to raise $111 million for an initial public offering. As an industry leader, there is no doubt Trustwave will receive the money they are requesting.
With the top information security professional in the United States working on this security project, it is the perfect opportunity to close any exploitations or gaps in the software. He was able to provide a variety of helpful solutions while eliminating many potential problems. Overall, the simulation was a success.
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