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Press Room
Press Release
Cybertrust Online Compliance Program Ensures Adherence
About Cybertrust
Cybertrust is a global provider of information security, providing a unique mix of processes, products, and people to enable enterprises and government agencies to secure and manage their IT infrastructure. With over 15 years of proven experience, Cybertrust is the first company to comprehensively address the entire security lifecycle by providing offerings for each of the four critical security domains of identity, threat, vulnerability, and compliance management. These offerings leverage Cybertrust’s unmatched security knowledge and intelligence gathering resources, which includes ICSA Labs®, the global leader in information security product certification. Headquartered in Herndon, VA with more than 30 offices around the globe, Cybertrust is the trusted advisor for information security to over 4,000 customers worldwide.
About 3Delta Systems
3Delta Systems is a payment solutions company and delivers the power of secure, Internet-based purchase and credit card processing solutions to Enterprise, Business-to-Business and Business-to-Government customers. 3DSI has developed a complete suite of payment solutions that merchants and buyers use to pro-actively manage, authorize and settle transactions in real-time.
Press Contact:
Gena Fiegel
Director, Marketing Communications
301.351.4547
Full-Service Offering Demonstrates Regulatory Alignment for Acquiring Banks and Merchants, Improves Overall Security Posture While Reducing Risk
CHANTILLY, VA – June 28, 2005 –
Cybertrust®, Inc., a global leader in information security services and enabling technologies, continues its commitment to ensuring compliance with information security standards through its Online Compliance Program (OCP) for the Payment Card Industry (PCI). OCP is a full-service offering to govern the safekeeping of credit card account information and reduce the compromise of personal information as mandated by the PCI Data Security Standard. As a preferred provider of the MasterCard SDP solution and a certified assessor for both MasterCard and Visa worldwide, Cybertrust is leveraging more than 15 years of data vulnerability, security and secure data analysis intelligence to offer acquiring banks, merchants and payment service providers (PSPs), fully automatic verification of compliance with the PCI Data Security Standard.
In an effort to protect cardholders and the integrity of the payment system from rising incidents of theft, the PCI has mandated that all merchants who store, process or transmit credit card data are required to be certified as compliant with the PCI Data Security Standard by June 30, 2005. With the goal of ensuring wider acceptance of data security across the payments industry, acquiring banks and merchants that fail to comply could face substantial financial penalties or be permanently barred from accepting credit cards.
“With the compliance deadline fast approaching, the threat of fines and liabilities looms large for a significant number of banks, merchants and service providers,” said Ronald Van Geijn, vice president of product management at Cybertrust. “These organizations must annually demonstrate proof of compliance with multiple information security policies, standards and regulations. With an automated and repeatable full service process, Cybertrust OCP delivers sustainable value to all parties, enabling them to demonstrate PCI compliance quarter after quarter, year after year.”
By closely following the evolution of the PCI Data Security Standard and changes in the credit card industry compliance requirements, OCP provides acquiring banks, merchants and PSPs with practical insight on where the standards are today and where they may be going tomorrow.
3Delta Systems, Inc., an electronic payment gateway providing Internet-based credit card authorization and settlement services, works proactively and aggressively to pursue security compliance; key to the Company’s vision is having security and stability built into the core of the IT infrastructure. Due to the many different and evolving elements that are involved in designing and implementing a security posture, it was important that 3Delta Systems select a security partner with superior knowledge and experience to help them navigate the various security requirements it was facing both in the short and long term. The Company engaged Cybertrust security experts and utilized OCP to ensure it was compliant with the PCI Data Security Standard.
“With the PCI Data Security Standard and beyond, it was critical that security be a primary focus to ensure the integrity and privacy of our customers’ data. Working with a trusted and strategic partner like Cybertrust was extremely beneficial to address PCI Data Security Standard compliance,” stated Aaron Bills, Vice-president of Product and Business Development at 3Delta Systems. “Beyond the basics of assessment, Cybertrust security experts provided us with technical insights, best-practice benchmarking and toolsets that allowed us to analyze, understand, and augment our compliance posture. We will continue to utilize Cybertrust and OCP to demonstrate annual PCI compliance and evolve our security posture.”
Because acquiring banks can be held liable for compliance failures by individual merchants, Cybertrust’s OCP delivers significant value through providing both an Acquirer and a Merchant Dashboard. The Acquirers’ Dashboard provides banks with a centralized view to monitor the progress of its entire merchant and PSP population, expediting the compliance review process and streamlining a formerly manual process into a single view online. Similarly, merchants benefit from a 24x7 dashboard to take self-assessment questionnaires and schedule required vulnerability scans, as well as generate reports detailing the full line of action taken to reduce credit card fraud and detect vulnerabilities. This dual approach ensures maximum control for protecting the confidentiality and integrity of credit card payment transactions.
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