STOCKHOLM AND CHICAGO (April 1, 2008) – DIBS Payment Services, listed at First North, and Trustwave have announced a compliance management program to help Level Two, Three and Four e-commerce merchants in 17 countries, including Sweden, Denmark, Norway, Finland, Germany, Great Britain, The Netherlands and France, comply with the Payment Card Industry Data Security Standard (PCI DSS). Trustwave is a leading provider of data security and compliance management solutions to businesses and organizations throughout the world.
PCI DSS is the payment card industry security requirement for entities that process, transmit and/or store cardholder data, and has been endorsed by all the major card brands – Visa Inc., MasterCard Worldwide, Discover Network, American Express and JCB. Merchant compliance requirements are segmented into four levels based on the number of transactions a merchant processes annually. The following defines e-commerce merchant Level Two through Level Four:
• Level Two: Any merchant regardless of acceptance channel, processing 1,000,000 to 6,000,000 transactions per year, in a single card brand.
• Level Three: Any merchant processing 20,000 to 1,000,000 e-commerce transactions per year, in a single card brand.
• Level Four: Any merchant processing fewer than 20,000 e-commerce transactions per year, in a single card brand.
DIBS Payment Services will offer their Level Two, Three and Four e-commerce merchants Trustwave’s Risk Profiler, an online portal that defines data security risk associated with credit card acceptance practices. Risk Profiler guides merchants through a dynamic question-set that presents merchants with simple questions about their card acceptance environment. Risk Profiler then analyzes and correlates the responses to give merchants and service providers a risk score.
Trustwave’s Risk Profiler is the first stage of its TrustKeeper® compliance management program. TrustKeeper provides merchants with access to tools necessary to validate PCI DSS compliance including the Self-Assessment Questionnaire and vulnerability scanning, and when necessary, remediation recommendations.
“As a payment service provider who has already validated PCI DSS compliance, we understand the importance of adhering to the standard, and have thus instituted this program for our e-commerce merchants,” says Eric Wallin, CEO of DIBS. “The program’s easy-to-follow process will ensure our merchants, large or small, have the most intuitive technology to ensure their compliance.”
“Our forensic investigation data into data breach cases clearly shows that more often than not, smaller merchants – those in Level Two, Three and Four categories are more likely to experience theft of their customer’s credit card information,” says Robert J. McCullen, chairman and CEO of Trustwave. “By offering the latest compliance technology to their clients, DIBS is not only helping merchants achieve compliance, but maintain compliance on a continual basis.”
About DIBS Payment Services
DIBS Payment Services is the leading Nordic independent supplier of secure, functional, and innovative online payment services for business and commerce. DIBS manages more than 7,000 customer transactions daily and has 56 employees stationed in Stockholm, Gothenburg, Oslo and Copenhagen. DIBS is listed at First North and features the HQ Bank as a certified adviser.
About Trustwave
Trustwave is a leading provider of on-demand and subscription-based information security and compliance management solutions to businesses and government entities throughout the world. For organizations faced with today’s challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions. Trustwave has helped more than 30,000 organizations-ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers-manage compliance and secure their network infrastructure, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, Europe, Africa, China and Australia.
MEDIA CONTACTS:
DIBS Payment Services
Patrik Müller
Patrik.muller@dibs.se
+46 8 527 525 33
Michelle Genser
Trustwave
mgenser@trustwave.com
+1 312 873 7288
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