It was observed many retailers track the activities of customers on their
online platforms and can collect a wide variety of data, ranging from past
purchasing habits and the type of items viewed to which web browser
individuals are using. The OFT is set to examine how organizations use this
vast amount of information and whether some people will see different prices
as a result.
Chief executive of the body Clive Maxwell said that innovation online plays a
key role in driving economic growth and the new investigation is part of the
OFT's commitment to ensuring that consumers can have confidence their
personal details will not be used to treat them unfairly. This will be
important in building consumer trust in the sector and encouraging further
While he stated the collection of consumer data can bring many benefits to
both retailers and customers ... (more)
First, PCI DSS stands for Payment Card Industry Data Security Standard. It
started out as a series of five separate programs, namely: American Express
Data Security Operating Policy, Discover Information and Compliance, JCB Data
Security Program, MasterCard Site Data Protection and Visa Card Information
While each program was unique and came from different (in some cases,
competing) brands, the overall aim was the same throughout: to ensure
merchants meet minimum levels of security in storing, processing and
transmitting cardholder data in order to better prote... (more)
This is according to general manager of the PCI Security Standards Council
(PCI SSC) Bob Russo, who told Bankinfosecurity.com that this is vital to
spotting any weak links in the card data protection chain, which could
undermine an entire system.
Performing annual risk assessments is one of the 12 central requirements
firms must go through to be certified PCI compliant, but it may be the case
that some companies do not devote adequate time and resources to this and
assume their systems will still be secure.
Mr Russo explained: "The standard requires an annual risk assessment, bec... (more)
If it weren't for efforts of inquisitive scientists and fastidious
mathematicians however, it's debatable whether this green movement would have
ever become so great. It is only since mankind learned of the fragility of
the planet's resources, and the realities of what causes climate change
(carbon-dioxide emissions) that governments, businesses and individuals have
stood up to their responsibilities when it comes to efficiency.
Why are companies going green?
In today's competitive business environment, where resources are stretched
and every efficiency matters, it's no wonder tha... (more)
While bank loans, property leasing and constant monitoring meant that it took
an incredible amount of effort to set up a business 15 years ago, the
internet has provided entrepreneurial opportunities that nearly everyone can
take advantage of. Provided they know the basics, of course.
So, where should businesses begin when creating an e-commerce site?
All websites need to 'exist' somewhere and this is where web hosting comes
in. Typically offered by third party companies, web hosting involves the
placing of a company website on an outsourced server. With many companies