Service facilitates payment card industry compliance.
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Press Release Summary:
Online Compliance Program(TM) enables banks and merchants to monitor compliance with Payment Card Industry Data Security Standard. Program offers acquiring banks customizable options such as ability to filter merchants based on defined criteria and facility to customize reports by exporting them to Microsoft Excel. Solution provides merchants and payment service providers access to tools to determine their compliance status and necessary remediation activities.
Original Press Release:
Advanced Merchant Monitoring Capabilities Added to Cybertrust Online Compliance Program
Enhanced Centralized Dashboard Provides New Reporting Options for Acquiring Banks; Additional Assessment Tools for Merchants
HERNDON, Va., Jan. 17 -- Cybertrust®, the global information security specialist, today announced enhancements to Online Compliance Program(TM) (OCP), its solution to help acquiring banks, merchants, and payment service providers (PSPs) monitor compliance with the Payment Card Industry (PCI) Data Security Standard. Acquiring banks now have expanded and easily customizable options to achieve greater visibility over their merchants' compliance status as required by PCI, while merchants and PSPs have access to useful tools to determine their compliance status and necessary remediation activities.
"With increasing pressure on the payment card industry to demonstrate how it is securing sensitive data, individual organizations require a solution that helps them monitor and manage not only their own status, but also that of their business partners," said Kerry Bailey, Cybertrust senior vice president, global services. "Cybertrust's OCP customers benefit not only from the ability to meet the PCI requirements, but also Cybertrust's deep compliance management expertise which enables organizations to make decisions on how to address any compliance shortcomings."
For acquiring banks, the enhancements to OCP provide the ability to filter their merchants based on defined criteria such as compliance status, merchant levels and compliance validation activities. Monitoring and reporting capabilities are increased as acquiring banks now can run reports and export to Microsoft Excel, allowing them to not only easily customize merchant reports, but also manipulate the data in a way that best meets their needs to help them report merchant status back to card companies, as required by the PCI Data Security Standard.
While merchants and PSPs are only required to complete self-assessments based on the number of transactions they process a year, OCP now makes the self-assessment questionnaire available for all levels -- even if its completion is not included in the PCI Data Security Standard compliance score calculation. High-risk merchants now have the ability to use the assessment as a gap analysis tool to further help them prepare for their onsite audits.
For more information about Cybertrust's Online Compliance Program for the Payment Card Industry, please visit http://www.cybertrust.com/solutions/compliance_governance/.
About Cybertrust
Cybertrust is the global information security specialist, delivering services that secure critical data, protect identities and help customers demonstrate ongoing compliance. Headquartered in Herndon, Virginia, USA with more than 30 offices around the globe, Cybertrust is one of the world's largest providers of information security and is recognized as the global market leader in managed security services. For more information, visit http://www.cybertrust.com/.
Cybertrust and Online Compliance Program are registered trademarks of Cybertrust, Inc. All other trademarks are property of their respective owners.
Contacts:
Laura Wooster
Cybertrust
703.480.8535
laura.wooster@cybertrust.com
