Credit Cards

Comprehensive credit and loan news coverage

Recently...

Archive
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
October 2004
 

Vericept First to Deliver PCI Data Security Standards Solution for Compliance and Content Control Offerings

26 October 2005

Vericept Corporation, the leading providerof comprehensive compliance and content control solutions and a Visa GlobalStrategic Alliance Partner, today announced the availability of a Payment CardIndustry (PCI) Data Security Standards (DSS) solution for the Vericept productline. Vericept customers that require tools to ensure compliance with PCIData Security Standards as well as protect against cardholder data exposureand compromise now have the ability to protect against these rogue activitieswith Vericept's compliance and content control solutions. PCI Data Security Standards compliance is required of all merchants andservice providers that store, process, or transmit cardholder data. To ensurecompliance, merchants and service providers must adhere to these standardswhich offer a single approach to safeguarding sensitive data for all cardbrands. This standard is a result of the collaboration between Visa andMasterCard and is designed to create common industry security requirements.The PCI Data Security Standards consist of several basic requirements whichrequire companies to: * Build and Maintain a Secure Network * Protect Cardholder Data * Maintain a Vulnerability Management Program * Implement Strong Access Control Measures * Regularly Monitor and Test Networks * Maintain an Information Security Policy Vericept's PCI Data Security Standards Solution With the availability of this new solution, Vericept's technology canassist customers in tracking, monitoring, reporting and controlling allInternet-based transmissions of cardholder information to identify and preventany rogue transmission processes, unencrypted cardholder data, unauthorizedaccess and/or a loss or theft of cardholder information. Based on theVericept Intelligent Content Control Engine(TM), Vericept's InformationPrivacy and Compliance Manager specifically looks for these communicationviolations and other information that could potentially lead to identity theftas well as damaging security breaches. In addition to capturing securitybreaches, the Vericept solution can also identify when rogue encryptionmethods are being used as well as thorough visibility and prevention ofpotential hacker attacks of sensitive cardholder data. The solutions alsoprovide an automated audit trail of all Internet-based cardholdertransmissions with both inbound and outbound communication. "We always strive to streamline the needs of the marketplace and being thefirst to deliver the PCI Data Security Standards solution represents ourcommitment to delivering market leading compliance and content controlsolutions to our customers and prospects," said Dave Parkinson, President andCEO of Vericept. "Our ability to track and monitor access to card holderinformation is imperative to ensuring customers are maintaining PCI DataSecurity Standards compliance while also significantly reducing the risk ofpotential identity theft and data loss." All major credit card associations such as Visa, MasterCard, AmericanExpress, Discover, Diners Club and JCB all endorse and require this unifiedPCI Data Security Standards. About Vericept Corporation Vericept Corporation is the leading provider of comprehensive complianceand content control solutions. Vericept mitigates internal risk by providingenterprise-wide visibility that enables full control of the informationexchanged inside and outside an organization. Vericept's patent pendingIntelligent Content Control Engine(TM) dramatically reduces security risks and"insider threats" within an organization. These can include regulationcompliance violations, information leaks, inappropriate Internet activity andmore. Only Vericept offers comprehensive solutions that provide 360-degreevisibility and control of inappropriate activity across all forms of Internettraffic, such as email, chat, P2P, and FTP. Vericept's real-time contentcapture enables organizations to act immediately and prevent loss of valuableinformation assets. Vericept's technology protects more than 2 million usersand over 650 customers worldwide everyday. Vericept is a privately heldcompany headquartered in Denver, Colorado. For additional information, please visit the company's web site athttp://www.vericept.com or call 800.262.0274.

Source: PR Newswire


Author:  
Email:    
Topic:    
Content:

All trademarks and copyrighted information contained herein are the property of their respective owners.


Related Articles


 
Mortgage News

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z