A recent report issued by the US Department of Commerce recommends that the US Government consider a new online privacy framework, driven largely by advances in cloud computing and the security challenges with that new technology. The report suggests that the US should articulate core privacy principles to ensure basic consumer protections and that both government and commercial stakeholders work together to address privacy issues. While this is probably a good idea, I’m wondering — doesn’t this seem the slightest bit ironic these days that the US Government is giving out advice on keeping data private?
I first wrote about PuntoMio in a November post and, after doing more research, I continue to be impressed with their business model and how beneficial their offering can be for eCommerce companies that want to expand into international markets. Recently, I had the opportunity to talk to A.J. Hernandez, PuntoMio’s COO, about the company’s history, business model and their goals for the future.
PuntoMio management’s has a 40-year history in international logistics, including such companies as SkyNet and SkyBox. SkyNet is a leading logistics company for US merchants and Latin American consumers, which was sold in 2001 along with a customer base of 80,000. SkyBox, another company formerly managed by PuntoMio execs, also partnered with various US merchants such as CDNow to deliver products to Latin American consumers via catalog and fax. Mr. Hernandez stated that it is PuntoMio’s expertise and success in the international logistics business that drove them to pursue partnerships with US eCommerce vendors. The strategy of leveraging their core logistics expertise while enabling Latin American consumers to purchase American brands on the web is fueling PuntoMio’s growth — and has them eyeing other markets, as well.
Amazon recently announced that their AWS infrastructure has gained PCI compliance. With the recent changes in the PCI DSS specification that allow virutalization of components (with certain restrictions), Amazon has made it a priority to get through the rigor of compliance certification so that it’s easier for merchants to take advantage of cloud-based services.
This is a huge step forward. Huge. Prior to the PCI DSS 2.0, compliant environments had Continue reading
In recent news, the EU and US are to begin talks on data privacy as it relates to personal data security. Why? Isn’t online security getting more and more robust? Isn’t transacting online business a safe practice that needs no additional worry on behalf of the consumer?
The answer to those questions, in general, is a resounding “yes”. However, online fraud in the EU is dropping while the US is experiencing a surge in fraudulent online activity. Europeans are obviously concerned and, as outline in a recent article, EU citizens are concerned that Washington is not providing enough oversight to properly safeguard data. Continue reading