Risk
2/13/2013
03:23 PM
Dark Reading
Dark Reading
Products and Releases
Connect Directly
RSS
E-Mail
50%
50%

Low Merchant PCI Compliance Rates Blamed On Dated Technology

PCI vendor calls for acquirer/ISO PCI program technology updates to meet merchant needs

SALT LAKE CITY, Feb. 13, 2013 /PRNewswire/ -- SecurityMetrics, a leader in payment data security and compliance, today revealed many merchants may not be compliant with the Payment Card Industry (PCI) Data Security Standard (DSS) because they lack the required liability reducing technology provided by their merchant processor. According to the company's annual Payment Card Threat Report, two-thirds of merchants aren't compliant with the PCI DSS because they store unencrypted credit card data and lack sufficient technology to eliminate sensitive information.

In addition, SecurityMetrics has revealed a growing trend that over 80% of merchants prefer their business to be covered by a breach protection program that includes prevention technology and financial stability tools in the event of a breach. However, this type of breach protection may not be readily available through many merchant processors.

SecurityMetrics recommends PCI technology modernization as a solution to the compliance crisis. Recently developed technologies, including data discovery, threat monitoring, and threat prevention tools are important in successfully achieving PCI compliance. In addition, updated management and compliance tracking tools enable easier program reporting, communication, and management for acquirer and ISO PCI compliance administrators.

"Dated technology is incapable of assisting its owner to meet today's current payment security objectives," said SecurityMetrics CEO, Brad Caldwell. "If an acquirer or ISO is stuck in a program that doesn't implement cutting edge technology, it's imperative to remodel the program to include updated technologies that increase portfolio value and decrease risk."

To learn how to remodel your PCI program with updated liability reducing technology, visit www.securitymetrics.com/remodel, contact 801.995.6864, or email remodel@securitymetrics.com

About SecurityMetrics (www.securitymetrics.com) SecurityMetrics assists in protecting electronic commerce and payments leaders, global acquirers, and their retail customers from security breaches and data theft. The company is a leading provider and innovator in merchant data security and compliance, and as an Approved Scanning Vendor and Qualified Security Assessor, has helped over 1 million organizations manage PCI DSS compliance and/or secure their network infrastructure, data communication, and other information assets. Founded in October 2000, SecurityMetrics is a privately held company headquartered in Orem, Utah, USA.

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Cartoon
Current Issue
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2012-1556
Published: 2014-09-12
Cross-site scripting (XSS) vulnerability in Synology Photo Station 5 for DiskStation Manager (DSM) 3.2-1955 allows remote attackers to inject arbitrary web script or HTML via the name parameter to photo/photo_one.php.

CVE-2014-2008
Published: 2014-09-12
SQL injection vulnerability in confirm.php in the mPAY24 payment module before 1.6 for PrestaShop allows remote attackers to execute arbitrary SQL commands via the TID parameter.

CVE-2014-2009
Published: 2014-09-12
The mPAY24 payment module before 1.6 for PrestaShop allows remote attackers to obtain credentials, the installation path, and other sensitive information via a direct request to api/curllog.log.

CVE-2014-4735
Published: 2014-09-12
Cross-site scripting (XSS) vulnerability in MyWebSQL 3.4 and earlier allows remote attackers to inject arbitrary web script or HTML via the table parameter to index.php.

CVE-2014-5259
Published: 2014-09-12
Cross-site scripting (XSS) vulnerability in cattranslate.php in the CatTranslate JQuery plugin in BlackCat CMS 1.0.3 and earlier allows remote attackers to inject arbitrary web script or HTML via the msg parameter.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
CISO Insider: An Interview with James Christiansen, Vice President, Information Risk Management, Office of the CISO, Accuvant