PITTSBURGH -- BitArmor SystemsT (www.bitarmor.com) today announced it has joined the Payment Card Industry (PCI) Security Vendor Alliance. The company's expertise in data security and encryption technology will add depth to the alliance's knowledge base, and will help member organizations better understand how technology can protect their data assets.
The PCI Security Vendor Alliance (SVA) was formed by leading security vendors to help members of the payment card industry achieve compliance with the PCI Data Security Standard, a global benchmark that guides organizations in protecting sensitive data and reducing the risk associated with security breaches. Member companies include retailers, e-commerce companies, financial institutions, payment processors, point of sale (POS) vendors, and any other organizations that handle cardholder data.
"We've spent the last three years developing cutting-edge software that encrypts and tracks sensitive data, protecting it from abuse by unauthorized users, regardless of where it is stored or transmitted," said Patrick McGregor, president and CEO of BitArmor Systems. "We learned a tremendous amount in the process about what companies need to do to keep their data safe, particularly in regard to personal information such as credit card information."
"Distributed enterprise encryption is playing an increasingly powerful role in the payment card industry, by helping companies protect and encrypt cardholder data across its entire lifecycle, from POS card swipe through processing and deletion," said Jon Oltsik, senior analyst at Enterprise Strategy Group. "Enterprise encryption is a strong tool for companies seeking compliance with the PCI DSS."