Euroline Partners with AmbironTrustWave Ltd. to Offer PCI DSS Compliance
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120 N LaSalle St.
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Press release date: July 5, 2007
Premier Nordic Acquirer to Facilitate Compliance among its Merchant Clients
STOCKHOLM and CHICAGO, July 5 -- Skandinaviska Enskilda Banken (publ), SEB Kort AB (Euroline), one of the leading acquiring banks in the Nordic countries, and AmbironTrustWave Ltd., a leading provider of information security and compliance management solutions, are launching a partnership to offer Payment Card Industry Data Security Standard (PCI DSS) compliance services to all Euroline merchants.
PCI DSS is the payment card industry security requirement for entities that process, transmit and/or store cardholder data, and encompasses the security standards of all the major card brands -- Visa International, 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 partnership enables all Euroline merchants to access AmbironTrustWave's data security services and technology necessary to validate PCI DSS compliance including:
o Risk Profiler -- AmbironTrustWave Ltd.'s online risk assessment tool enables merchants to identify their risk of a credit card compromise. Through a short questionnaire, merchants obtain a risk score, which is based on several criteria including transaction volume and acceptance channels.
o PCI DSS Self Assessment Questionnaire (SAQ) -- An approved list of questions about the security controls on a merchant's transaction network. Some of the SAQ is pre-populated based on the merchant's responses to the Risk Profiler.
o Vulnerability Scanning -- Through AmbironTrustWave Ltd.'s TrustKeeper, an online risk management portal, merchants are able to launch a remote scan of their transaction network to detect weaknesses that could be exploited by hackers or unauthorized third-parties.
o Remediation Recommendations -- A Compliance Report includes data gathered from the questionnaire and scan, and outlines actions required to address any vulnerabilities.
o On-site Audit -- Per PCI DSS regulations, an on site audit is required annually for large or Level 1 merchants.
"This programme represents a total solution for PCI DSS compliance for all Euroline merchants and enables us to mitigate the risk associated with hacking and other online hazards that contribute to credit card theft and fraud," said Per Astrom, CEO Euroline.
Euroline's portfolio of Merchants will be risk analyzed and placed into TrustKeeper for PCI DSS compliance. Merchants will have access to the self- assessment questionnaire, vulnerability scanning engine, email support and online remediation opportunities.
"With the launch of a program to help merchants protect the credit card data they process and transmit, Euroline has reinforced its position as one of the leading acquiring institutions in Europe," said Robert McCullen, Chairman and CEO, AmbironTrustWave, the parent company of AmbironTrustWave Ltd. "The partnership between AmbironTrustWave Ltd. and Euroline is a great example of industry leaders working together to provide the latest solutions to protect merchants and consumers."
Additional information on PCI DSS requirements and merchant compliance levels can be found on the PCI Security Standards Council website at: https://www.pcisecuritystandards.org/.
About Euroline Euroline is a business unit within SEB Kort AB and is the credit card acquiring unit of SEB, offering businesses a simple and secure infrastructure for accepting cards as a means of payment. SEB Kort, with headquarters in Sweden, is a subsidiary wholly-owned by SEB and is the leader in the Nordic market, supplying a number of well-known brands such as Eurocard and Diners Club. Euroline was a pioneer among the Swedish acquirers to offer merchants central and cross-border acquiring of card transactions, and is named as preferred Central Acquirer by IATA for the airline industry since September, 2001. Multi-currency payments, recurring payment solutions and secure Internet payments are just some of the services Euroline offers its merchants. For more information, visit: www.euroline.se
About AmbironTrustWave Ltd. London-based AmbironTrustWave Ltd., is a wholly owned subsidiary of AmbironTrustWave, a Chicago-based global provider of information security and compliance management solutions to businesses and the public sector. The company has serviced 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. AmbironTrustWave is leading certificate authority with thousands of secure sockets layer (SSL) certificates issued. AmbironTrustWave is headquartered in Chicago with offices throughout the United States, Europe and Asia. For more information, visit: http://www.atwcorp.com/
Source: AmbironTrustWave Ltd.
CONTACT: Mike Petitti of AmbironTrustWave, +1-312-873-7291, email@example.com; or Mr. Per Astrom of Euroline, +46 70 564 72 87, firstname.lastname@example.org
Web site: http://www.atwcorp.com/