IP Commerce and Coalfire Introduce Payment Application Data Security Standard (PA-DSS) Rapid Compliance Program
Program Drastically Reduces the Complexity and Cost of Achieving PA-DSS Compliance
Denver, CO (PRWEB) November 19, 2008
IP Commerce, Inc. and Coalfire Systems, Inc. today jointly announce the launch of their PA-DSS Rapid Compliance Program. IP Commerce and Coalfire are jointly offering a program designed to provide a fast and affordable way to achieve a successful PA-DSS validation with easy-to-use tools and a proven process designed to manage PA-DSS compliance.
Vulnerable payment applications are a leading cause of cardholder data compromise among small merchants and will be decertified by Visa Network Partners and agents according to VISA's payment application security mandates on October 1, 2009. PA-DSS, a Payment Card Industry Security Standards Council-managed program, addresses this issue with standards for developing secure payment applications. Every application that captures, processes, stores, or transmits credit card data, is obligated to comply with one or more of the payment card industry security standards. This can be a costly and time-consuming process taking several months and costing upward of $25k.
The PA-DSS Rapid Compliance Program combines the easy-to-use Commerce Toolkit for Applications (CTA) with Coalfire's exclusive Rapid Compliance Platform to provide a fast and cost-effective option for payment application developers that:
Reduces the cost of compliance by over 40% Offers a toolkit providing compliance functionality out-of-the-box Manages payment integration and compliance efforts simultaneously Offers Fast Track guidance for all types of payment solutions
Commerce Toolkit for Applications and PA-DSS
CTA starts payment application developers off on the right track with components that provide PA-DSS compliant functionality "out of the box." CTA includes best practice implementations of PA-DSS requirements, allowing payment application developers to focus on creating user experiences and business logic while the toolkit takes care of PA-DSS required functionality that is more challenging to implement, such as encryption key management, strong password enforcement and audit logging.
Coalfire's Rapid Compliance Platform
Through Coalfire's Rapid Compliance Platform, payment application developers use an adaptive intelligence self-help platform combined with a hands-on assessment methodology to select the compliance strategy that fits their application needs. Once the application is ready for certification, Coalfire guides the process by communicating with Visa throughout; accelerating compliance with reduced impact on the development team.
Pricing and Availability
The PA-DSS Rapid Compliance Program is available today. Payment application developers can determine if PA-DSS compliance is applicable to them using our online compliance assessment tool here http://commercelab. ipcommerce. com/Compliance/Your_Compliance_Obligation. aspx (http://commercelab. ipcommerce. com/Compliance/Your_Compliance_Obligation. aspx). For more information on the program including pricing, please visit http://commercelab. ipcommerce. com/Compliance/Rapid_Compliance_Program. aspx (http://commercelab. ipcommerce. com/Compliance/Rapid_Compliance_Program. aspx).
About IP Commerce:
Based in Denver, Colo., IP Commerce, Inc. is a software company that provides dramatically simplified development, certification, and deployment of secure commerce solutions. The company's IP Commerce Platform, Commerce Lab, and Commerce Marketplace unites software companies, service providers and distribution channels in a private-labeled end-to-end network delivering on-demand access to commerce services, -- far more quickly, easily and securely than ever before. IP Commerce opens worlds of commerce.
IP Commerce maintains partnerships with some of the world's most respected financial institutions and software companies. The company is backed by leading investors, including Meritage Funds, Venrock, and Appian Ventures. For more information, visit www. ipcommerce. com.
About Coalfire:
Coalfire is a leading IT governance and compliance management firm that serves clients throughout North America in the financial services, retail, healthcare, utility and government sectors. From offices in Colorado, Washington, California and New York, Coalfire provides services that include: IT controls reviews, IT audits, risk assessments and PCI assessments.
Coalfire's services are adapted to requirements under emerging data privacy legislation such as GLBA, HIPAA, CIP, FISMA and compliance certification testing for the payments industry. Coalfire maintains specialized skills and resources to perform penetration tests, disaster recovery planning, software application reviews and incident response support to include computer forensic analysis.
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