Cognia by joining with the Council will work to improve payment data security worldwide within the development of the PCI Security Standards. These will include the Payment Card Industry Data Security Standard (PCI DSS), PIN Transaction Security (PTS) requirements and the Payment Application Data Security Standard (PA-DSS).
The Council works with merchants and service providers, who are experts in their own right as to the processes of payment processing, to keep payment data security ahead of criminals and hackers who are ever increasing their own methods. By including these stakeholders, the Council can not only improve protections, but also ensure that the protections do not hinder those who they are protecting.
Cognia, like other full members of the Council, will be able to submit new initiatives for the PCI Security Standards Council, take part in Council webinars to educate merchants and providers, and be part of discussions regarding changes of the PCI Security Standards, in addition to providing information about best practices they have learned in their own organizational processes and sharing it with other organizations in the Council.
TrustedBrokerz: The Source More Traders Are TrustingGo to article >>
“In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against network security threats and data breaches,” said Bob Russo, General Manager of the PCI Security Standards Council. “By joining as a Participating Organization, Cognia demonstrates they are playing an active part in mitigating the threats and improving the security of the payment chain globally by driving the security standards to higher levels of adoption and strength.”
“Cognia develops cloud-based compliance and productivity solutions that are used by some of the world’s largest multinational institutions” explained Curtis Nash, Cognia’s CEO. “We are interested in — and driven by — helping organizations achieve and maintain compliance in a cost-effective and business-sympathetic way.”