Fibernet CFO Speaks At 2009 Cyber Symposium

Fibernet Corp. CFO, Lee Livingston, appeared this weekend in a notable lineup of speakers at the 2009 Cyber Symposium, held in the Garden Visitors Center at Thanksgiving Point, Lehi.

Orem, UT Fibernet Corp. CFO, Lee Livingston, appeared this weekend in a notable lineup of speakers at the 2009 Cyber Symposium, held in the Garden Visitors Center at Thanksgiving Point, Lehi.

The Annual Cyber Symposium affords the business, academic, and legal communities a specialized venue to meet and discuss the obstacles and opportunities facing today's high tech industry professionals. Mr. Livingston said of the engagement, "It was an honor to be a part of it. Credit card fraud is touching all of our lives and cyber-criminals are becoming more sophisticated."

Mr. Livingston went on to say that the evolution of credit card processing and fraud over the Internet has forced the big credit card brands to push the PCI Digital Security Standards or PCI DSS on all levels of credit card processing, which was the topic of Mr. Livingston's presentation and panel discussion. "The threat of credit card fraud should be of serious concern for consumers and businesses," said Mr. Livingston. "With the recent Hartland Payment Systems breach, where 130 million credit cards appear to have been stolen, the credit card industry is proving to be vulnerable even at its highest levels."

Also present at Friday's Symposium were speakers from a variety of prominent businesses and law firms, such as public interest attorney Paul Levy of Public Citizen, CFO David Bradford of Fusion-io, and Brazilian attorney Paulo Parente Margues Mendes, to name a few.

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