Online sales climbed 24% year over year, while Best Buy’s overall sales were flat.
Akamai Technologies Inc., whose global network speeds delivery of online content for Internet retailers, has introduced a service for accelerating online payment transactions that is compliant with the Payment Card Industry Data Security Standard.
Akamai Technologies Inc., whose global network speeds delivery of online content for retailers and other web site operators, has introduced a service for accelerating online payment transactions that is compliant with the Payment Card Industry Data Security Standard.
The PCI Standard Security Council-comprised of credit card companies MasterCard, Visa, American Express, Discover, and JCB-requires that retailers secure confidential customer payment information or face stiff fines and possible loss of card-acceptance privileges.
“Historically, as retailers have worked to achieve compliance, they have had to engage with their technology partners to certify compliance,” says Andy Ellis, chief security architect, Akamai. “As a response, we have created a solution that accelerates site transactions in a secure manner, while making it faster and easier to achieve PCI compliance. For the majority of our commerce customers, PCI compliance remains one of their top requirements.”
The Akamai Dynamic Site Accelerator PCI solution builds on Akamai’s basic content-acceleration solution by enabling e-commerce companies to speed up secure credit card transactions online in a PCI-compliant manner. The service features a PCI audit management portal, including automated tools for validating site configurations, infrastructure scanning reports and a PCI certificate of validation; service integration guidelines for PCI compliance; PCI incident notification and response; PCI authorized terms and conditions of compliance; and a PCI-compliant Secure Socket Layers network.
“Compliance with PCI is essential for us in order to offer our customers the convenience of online credit card transactions,” says Steven Trimbo, director of online operations for consumer electronics retailer Best Buy Co. Inc. “It is critical that our technology partner, Akamai, is prepared and well-positioned to provide a secure and reliable protection platform, helping us to meet the highest of industry security standards.”