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
Flash Poll
Current Issue
Cartoon
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2012-6651
Published: 2014-07-31
Multiple directory traversal vulnerabilities in the Vitamin plugin before 1.1.0 for WordPress allow remote attackers to access arbitrary files via a .. (dot dot) in the path parameter to (1) add_headers.php or (2) minify.php.

CVE-2014-2970
Published: 2014-07-31
** REJECT ** DO NOT USE THIS CANDIDATE NUMBER. ConsultIDs: CVE-2014-5139. Reason: This candidate is a duplicate of CVE-2014-5139, and has also been used to refer to an unrelated topic that is currently outside the scope of CVE. This unrelated topic is a LibreSSL code change adding functionality ...

CVE-2014-3488
Published: 2014-07-31
The SslHandler in Netty before 3.9.2 allows remote attackers to cause a denial of service (infinite loop and CPU consumption) via a crafted SSLv2Hello message.

CVE-2014-3554
Published: 2014-07-31
Buffer overflow in the ndp_msg_opt_dnssl_domain function in libndp allows remote routers to cause a denial of service (crash) and possibly execute arbitrary code via a crafted DNS Search List (DNSSL) in an IPv6 router advertisement.

CVE-2014-5171
Published: 2014-07-31
SAP HANA Extend Application Services (XS) does not encrypt transmissions for applications that enable form based authentication using SSL, which allows remote attackers to obtain credentials and other sensitive information by sniffing the network.

Best of the Web
Dark Reading Radio