Cybertrust adds merchant monitoring to compliance programme


Cybertrust adds merchant monitoring to compliance programme

Information security specialist Cybertrust has enhanced its Online Compliance Programme, which helps acquiring banks, merchants and payment service providers monitor compliance with the Payment Card Industry (PCI) Data Security Standard.

All merchants who store, process or transmit credit card data must be compliant with the standard to ensure wider public confidence in data security across the payments industry. Any acquiring banks and merchants that fail to comply face substantial financial penalties or being barred permanently from accepting credit cards

The improvements will give card-acquiring banks more customisable options to gain greater visibility over their merchants' compliance status as required by the PCI. Merchants gain access to tools to assess their own capabilities, and help them prepare for onsite audits, while protecting their brand image and ensuring consumer confidence.

The enhancements to the compliance programme will mean banks can also now increase their monitoring activities by running reports on merchants, evaluating their compliance status, payment processing levels and their activities on compliance validation, and detailing their performance back to the card companies.

There is no doubt that the payments industry – card companies, banks and merchants – need to be seen by the public to be taking action to safeguard data. The PCI standard and compliance programmes supporting it will go some way to increasing the public’s confidence that their identities and data are safe.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy