Trade association selects Trustwave EV SSL for e-commerce protection
SEATTLE – November 20, 2007 – The Merchant Risk Council (MRC), the retail industry’s premier trade association for preventing online fraud and promoting secure e-commerce, announces the organization’s recent incorporation of Trustwave’s Extended Validation SSL Certificate to the Merchant Risk Council’s Web site. Trustwave is a Certificate Authority (CA) and has issued SSL certificates to thousands of businesses worldwide.
SSL is used to protect confidential information, such as credit card numbers or passwords, sent between Web users and Web sites. SSL, which stands for Secure Sockets Layer, Extended Validation (EV) certificates provide an additional layer of protection through a strictly defined issuance process to ensure that the certificate holding entity is validated as the entity they claim to be. EV certificates were developed to combat online scams such as phishing and include unique representations within browsers to demonstrate security to consumers. For example, Microsoft’s Internet Explorer Version 7, shades the address bar green for Web sites that use EV SSL. The green shading in the address bar is the only trust indicator that makes an actual change in the browser user interface. All other trust indicators such as site seals are graphics that can be faked. To see examples of how the EV SSL appears to the user, visit merchantriskcouncil.org or Trustwave.com
To prevent Internet fraud, the MRC advices organizations to employ best practices. The non-profit organization educates businesses by disseminating information among members about the most effective fraud prevention practices and encourages connections between members within the industry.
As part of the MRC’s best practices, the group is collaborating with Trustwave and has implemented the EV SSL Certificate on the MRC Web site. The MRC recommends all merchants use EV SSL if their Web site transfers any financial or personal data, such as passwords, credit card numbers, social security numbers, or birth dates. With the holiday shopping season ready to start and the volume of e-commerce traffic poised for its traditional seasonal increase, the MRC believes now is an opportune time for merchants to deploy an EV SSL to secure consumers’ confidential information.
“It is critical for merchants to use EV SSL as a tool to protect themselves – and their customers – from the latest online hazards such as hacking and phishing,” said MRC Executive Director Tom Donlea. “We are working with Trustwave to provide our own membership with the highest level of security available while simultaneously adhering to industry best practices.”
"The MRC is setting an example for merchants by implementing EV SSL at the most opportune time, considering the influx of e-commerce activity due to the holiday season," said Robert J. McCullen, chairman and CEO, Trustwave. "With Trustwave’s EV SSL, the MRC offers their members the ultimate in protection and verification for their Web site and sets the tone for industry best practices."
About The Merchant Risk Council
The Merchant Risk Council (MRC) is the leading trade association for merchants, vendors, and e-commerce risk management professionals. The MRC’s mission is to foster a secure e-commerce environment and ensure the Internet is a safe and preferred place to shop and do business. The MRC is made up of more than 7,500 members including 120 of the world’s largest Internet retailers who account for approximately 15 percent of all e-commerce revenue. The MRC headquarters are in Seattle, Washington.
The Board of Directors and Advisors consists of leading industry professionals, e-commerce retailers, solution providers and financial institutions and includes representatives from Expedia, Adobe, Neiman Marcus, Apple, Costco.com, Discover Network, CyberSource, Visa, Best Buy, Hewlett-Packard, Microsoft, Orbitz, iovation, Trustwave, Chase Paymentech, eFunds, and Debix.
To learn more about the MRC, visit: www.merchantriskcouncil.org
Trustwave is a global provider of information security and compliance management solutions to businesses and the public sector. The company has provided service to more than 30,000 organizations throughout the world including banks, merchants, service providers and software developers that are required to validate compliance with industry best practices for safeguarding information endorsed by American Express, Discover, MasterCard Worldwide, Visa International and Visa USA. Trustwave is a leading certificate authority with thousands of secure sockets layer (SSL) certificates issued. Trustwave is headquartered in Chicago with offices throughout North America, Europe, Africa, Asia and Australia.
Merchant Risk Council