A map of threat origins, from Trustwave's free 2011 Global Security Report
(WEB HOST INDUSTRY REVIEW) — Information security and compliance solutions provider Trustwave (www.trustwave.com) announced on Tuesday that Nicholas J. Percoco, senior vice president and head of the company’s SpiderLabs will participate in a real-time simulated data breach of an online payment system this week, at the Visa Global Security Summit.
Trustwave is one of a few big sponsors of the event, according to its website.
Percoco, says Trustwave, will participate as a forensic investigator, along with Bob Russo of the PCI Security Standards Council, former Federal Trade Commission chairman Tim Muris and former Massachusetts attorney general Tom Reilly. The simulation, which takes place Wednesday, April 27, at 3:15 pm EDT, in Washington, DC, will be led by General Michael V. Hayden, principal of the Chertoff Group, and former CIA and NSA director.
A webcast of the data breach simulation will be available for viewing on the Visa Security Summit website.
The news of Percoco’s participation in the event comes a few weeks after Ryan Jones, another member of the SpiderLabs team competed against students in an exercise held at the National Collegiate Cyber Defense Competition.
The exercise, says Trustwave, is intended to provide a 360 view of a mock attack on payment card data systems, showing the supporting roles of the private and public sectors, along with law enforcement.
“This event demonstrates a growing awareness among major corporations of the threat posed by online crime, which costs our economy millions of dollars every day,” says Percoco, quoted in the company’s press release. “The simulation will drive home the critical risks involved with a data breach, as well as showcase the preventive solutions we need to adopt.”
Trustwave says Percoco is one of the leading information security professionals in the US. The company says his SpiderLabs organization is the market leader in penetration and application security tests, having conducted thousands for clients over the last six years.
Earlier this week, we reported that Trustwave had filed the preliminary papers relating to its plans to raise roughly $111 million in an IPO.
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