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Prime Factors, Inc. joins Payment Card Industry Security Standards Council as newest Participating Organization
Publish Date : 1/10/2008 5:25:00 AM   Source : Network Security News Onlypunjab.com

Prime Factors, Inc., a security software company with 26 years of service to the financial industry, announced today that it has joined the PCI Security Standards Council as a new participating organization, and will work with the Council to evolve the PCI Data Security Standard (DSS) and other consumer payment card data protection issues. In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entitys best protection against data criminals. By joining as a Participating Organization, Prime Factors is adding its voice to the process.

The PCI DSS, endorsed by American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity. More information on the council and the standard can be found at www.pcisecuritystandards.org.

As a Participating Organization, Prime Factors will now have access to the latest payment card security standards from the Council, be able to provide feedback on the standards and become part of a growing community that now includes more than 345 organizations.

The PCI Security Standards Council is committed to helping everyone involved in the payment chain protect consumer payment data, said Bob Russo, General Manager of the PCI Security Standards Council. By participating in the standards setting process, Prime Factors demonstrates they are playing an active part in this important end goal.

Patrick Walker, President of Prime Factors said, As a provider of encryption and key management software that our customers use to meet Requirement 3 protecting cardholder data we are often asked about the standard and by joining the council, we will be in a position to know more about PCI, and any changes that may be in the works.

About PCI Security Standards Council

The mission of the PCI Security Standards Council is to enhance payment account security by fostering broad adoption of PCI security standards. For more information, please visit www.pcisecuritystandards.org

About Prime Factors, Inc.

Prime Factors provides products, along with personalized support, to companies that need to implement security the right way. More than 1,000 banks, corporations and government organizations use Prime Factors software to guard sensitive information from internal and external threats. Our security and data encryption software reflects the knowledge and experience gained since 1981 when the company was founded. Prime Factors products include: the Bank Card Security System that provides robust functionality to any card processing operation; the Psypher Security Suite which protects data in transit at the application level; and STK Toolkit which secures business information, including sensitive customer information specified by PCI DSS. For more information, please visit our website at www.primefactors.com



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