On-site review to elevate merchant payment security, accelerate PCI compliance
MOUNTAIN VIEW, Calif. - September 26, 2006 - CyberSource Corporation (NASDAQ: CYBS), a leading provider of electronic payment and risk management solutions, today announced Fast Track Payment Security Review, a one week, on-site review covering 75 aspects of a merchant’s payment security environment. The process culminates in a detailed report of expert recommendations to optimize payment security and speed compliance with the Payment Card Industry Data Security Standard (PCI) guidelines.
“Payment data breaches continue to have serious impacts,” said David Glaser, CyberSource vice-president, global professional services, “negatively affecting both the brand and the financial stability of the merchant. We believe the vast majority of these breaches are preventable if appropriate systems and procedures are put in place. The Fast Track Payment Security Review is designed to identify areas where merchants can take specific action to prevent issues from emerging in the future, and to identify practices to help merchants increase efficiency and profitability. This is about achieving an overall performance boost for merchant operations.”
Fast Track basics
The engagement begins with an on-site review of the merchant’s environment and current security practices. The review includes meetings between a CyberSource professional services payment security expert and the merchant’s key staff (Chief Security Officer, corporate counsel, IT, finance, operations and human resources). Over 75 aspects of the merchant environment will be studied and evaluated. The resulting report documents the merchant’s payment security status and details the required next steps. It recommends best practice approaches for PCI compliance, including the most recently released PCI data Security Standard v1.1, for further hardening of payment security processes, and for streamlining of security management. All of this is aimed at strengthening merchants’ payment security and return on their security investment.
Fast Track scope of review
Fast Track reviews sales channel and payment data flows, including system and human touch points. It examines storage systems and policies, human processes and procedures, network and system security, payment application security, vendor relationships, and security merchandising. All findings and recommendations are published in a detailed report.
Fast Track Payment Security Review is available now from CyberSource. For details, call (888) 330-2300 or go to: http://www.cybersource.com/products_and_services/verification_and_compliance_services/pci_compliance_service/.
CyberSource Payment Security Services
CyberSource Payment Security services include Payment Data Management, vulnerability scanning, and PCI consulting and remediation services.
• Payment Data Management Service quickly boosts merchant payment security by moving sensitive payment data off of merchants’ internal systems and onto CyberSource PCI-compliant processing networks. Payment Data Management works with most payment systems and processors.
• CyberSource’s PCI scanning service automates completion of companies’ self-assessment questionnaires, automatically initiates quarterly scans for vulnerabilities and generates necessary PCI reporting. This service is available at no charge.
• PCI Consulting & Remediation Services. Working as a full service contractor or as an adjunct in-house audit and security team, CyberSource payment security experts address gaps in security and prepare organizations for successful payment security certification. CyberSource can also manage the independent auditor and complete the self-assessment questionnaire.
For more information on CyberSource payment security services, please go to: http://www.cybersource.com/products_and_services/verification_and_compliance_services/pci_compliance_service/.
CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Over 15,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States. For more information, please visit CyberSource`s web site at www.cybersource.com or email firstname.lastname@example.org.
2006 CyberSource Corporation. All rights reserved. CyberSource is a registered trademark in the U.S. and other countries. All other brands and product names are trademarks or registered trademarks of their respective companies.
Director, Corporate Communications & Investor Relations