The retail sector has been the subject of some of the most high profile data breaches in recent years. Add to this the willingness of customers to switch allegiance in the event of a breach and it's clear the industry needs to take security seriously. A new survey from enterprise data protection specialist Vormetric in conjunction with 451 Research focuses on retail companies, detailing IT security spending plans, perceptions of threats to data, rates of data breach failures and data security stances. Among the findings are that 89 percent of IT executives feel vulnerable to data threats and 51 percent… [Continue Reading]