News Column

SLK Global Is Now PCI Data Security Standard-Certified

June 28, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- SLK Global, a leading business transformation solutions provider for the U.S. payment, banking and other financial services industries, announced that it is now PCI DSS certified with an effective date of April 16(th), 2014.

The PCI Security Standards Council is an open global forum, launched in 2006, that is responsible for the development, management, education, and awareness of the PCI Security Standards, including the Data Security Standard (PCI DSS), Payment Application Data Security Standard (PA-DSS), and PIN Transaction Security (PTS) requirements.

The Council's five founding global payment brands -- American Express, Discover Financial Services, JCB International, MasterCard, and Visa Inc. -- have agreed to incorporate the PCI DSS as the technical requirements of each of their data security compliance programs. Each founding member also recognizes the QSAs, PA-QSAs and ASVs certified by the PCI Security Standards Council.

"We are already servicing several card issuers. With the PCI DSS certification completed, it gives us tremendous opportunities to offer increased security and value to card issuers," said Gopal Amin, president and CEO of SLK Global. "At SLK Global, we take enterprise security very seriously and our team was very committed to achieving this milestone."

The PCI DSS is a robust, comprehensive, technology driven, transparent, explicit standard to enhanced security controls around payment card and related account data by ensuring the safe handling of card holder information at every step thereby reduce payment card frauds via its exposures.

Lopa Mudra Basu, associate vice president and head of enterprise security and risk governance said, "We are very pleased that we have completed the certification ahead of schedule and in a single shot including Attestation scanning (ASV). With the certification, we have armed the organization to process the payment card and related account data safely and securely. We are also communicating a clear message to the end customer that their card, account and related personal information are in safe hands and required security, privacy and protection mechanisms are in place."

Keywords for this news article include: SLK Global, Finance and Investment, Information Technology, Investment and Finance, Information and Data Security.

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Source: Investment Weekly News


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