informa
/
Vulnerabilities/Threats
News

IBM Announces End-to-End PCI Solution

New five-phase program designed to help customers meet all 12 PCI requirements

ARMONK, N.Y. -- IBM (NYSE: IBM) today announced a new program that provides products and services to help customers achieve compliance with the Payment Card Industry Data Security Standard (PCI DSS). Unlike competitive offerings, the comprehensive program is designed to take companies through the entire PCI compliance process, from assessment to compliance to certification, helping them meet all 12 PCI requirements for safeguarding customer payment card data.

PCI is a global standard that applies to any company that processes, transmits or stores credit card information. The standard was created by credit card companies to help organizations prevent security breaches. Any company that processes credit card data today could be threatened by cyber-crime attacks, resulting in customer identity theft. Those companies that do not achieve PCI compliance could have their ability to process credit cards revoked, or could face increased processing costs. Given the far-reaching impacts security threats can have on organizations, non-compliant companies risk significant financial and customer losses and damaging effects on brand reputation.

Hughes, the world’s leading provider of broadband satellite networks and services, selected IBM to take its HughesNet® broadband network service through the PCI compliance process.

“As a leading managed services provider to major enterprises, Hughes strives to provide a wide range of services and applications to our customers,” said Mike Cook, senior vice president, Hughes. “PCI DSS compliance is critical to our customers’ operations, and it is imperative that the network services we provide meet those requirements. IBM’s comprehensive program took us successfully through the entire process, from assessment through to certification.”

IBM Corp. (NYSE: IBM)

Recommended Reading:
Editors' Choice
Kirsten Powell, Senior Manager for Security & Risk Management at Adobe
Joshua Goldfarb, Director of Product Management at F5