Digital River joins PCI Security Standards Council to help secure payment data worldwide

Digital River, Inc., a global provider of Commerce-as-a-Service solutions, has joined the PCI Security Standards Council (PCI SSC) as a new participating organization. Digital River will work with the PCI SSC to help secure payment data worldwide through the ongoing development and adoption of the PCI Security Standards.

The PCI SSC leads a global, cross-industry effort to increase payment security by providing flexible, industry-driven and effective data security standards and programs. The council’s keystone is the PCI Data Security Standard (PCI DSS), which is an actionable framework for developing a robust payment card data security process and preventing, detecting and mitigating criminal attacks and breaches.

As a participating organization, Digital River adds its voice to the standards development process and will collaborate with a growing community of more than 800 participating organizations to improve payment security worldwide. Digital River also will have the opportunity to recommend new initiatives for consideration to the PCI SSC and share cross-sector experiences and best practices at the annual PCI Community Meetings.

“In an era of increasingly sophisticated attacks on systems, PCI Security Standards and resources help organizations secure payment data and prevent, detect and mitigate attacks that can lead to costly data breaches,” said Mauro Lance, chief operating officer of the PCI Security Standards Council. “By joining as a participating organization, Digital River demonstrates they are playing an active part in improving payment security globally by helping drive awareness and adoption of PCI Security Standards.”

“PCI DSS has a great deal of influence on the payments services we deliver, enabling secure shopping experiences,” said KT Schmidt, general counsel and chief human resources officer, Digital River. “Organizations around the world rely on PCI, which owes much of its success to the collaboration and expertise of PCI Security Standards Council members. As a participating organization, we will draw upon our experience processing payments, managing risk, minimizing fraud liability and maintaining regulatory compliance. Data thieves’ tactics are constantly changing, and so we must continue to refine payment data security standards in order to remain a step ahead.”

Source: Digital River

Tags: , ,

Categories: Secure Transactions

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