Venda(R) Becomes the First Global eCommerce Provider Awarded Enterprise Wide Top Security Standard
14/02/2008 20:13
PR Newswire
NEW YORK and LONDON, February 14 /PRNewswire/ -- Venda, a global leader in eCommerce solutions, today demonstrated its
continuing commitment to the highest levels of data security for both its
retail partners and their customers alike by announcing that it has been
awarded the highest level Tier 1 Certification for compliance with the
Payment Card Industry Data Security Standard (PCI-DSS).
Venda is the first global eCommerce provider to achieve
enterprise-wide certification, as many other solution providers have only
PCI-certified certain areas of their offerings or had to integrate third
party applications, unlike Venda who chose to have its entire platform and
operation audited to ensure that every single feature, function and
operational element of their service was PCI Certified. It represents the
culmination of a significant two-year investment program and a rigorous audit
by a Visa appointed third party, Security Metrics Inc, of Venda's platform,
security systems, organization, and data center facilities.
James Cronin, Group CIO at Venda said, "Providing a secure
infrastructure capable of operating 24x7x365 at high scale is no simple task.
Our PCI-DSS compliance program has taken significant and sustained investment
and maintaining our top level of certification will take no less. I'm
delighted that our expert team's work in this area and our market leading
infrastructure has been recognized by the award of this global standard. I
would also like to thank our independent auditor, Security Metrics, who
performed the stringent audit required."
"The increased press coverage that almost weekly data security
breaches are receiving makes it crystal clear that to be 100% secure, you
need to address 100% of your enterprise. Consumers are acutely aware of the
need for security online and that it now goes much further than just an SSL
padlock on your checkout. I hope that our competitors follow our lead and
show that they take security as seriously as we do by submitting their full
platforms to a tier 1 PCI-DSS compliance audit too."
Mr. Wenlock Free, Vice President of Security Metrics said, "We
are pleased to provide PCI audit services and certification to Venda. They
were well-prepared during the audit and careful in their process. The key to
success in working with Venda was that we were able to complete the
certification in half the time as similar organizations because they had
invested heavily in the groundwork needed for the complex audit process. The
advantage the eCommerce industry has with resulting certification is that all
the retailers on their platform are now PCI-DSS certified. As worldwide
merchants work diligently to achieve PCI compliance, businesses can have
confidence in the services offered by Venda."
About Venda
Venda delivers on-demand eCommerce to some of the world's leading
retailers and manufacturers, including DeBeers, Xerox, Crabtree & Evelyn,
Hamleys, Panasonic, Pokémon, The Body Shop, and Urban Outfitters.
The Company's complete eCommerce platform combines flexibility,
reliability and scalability with the operating advantages of an outsourced
service. Multi-lingual and multi-currency capable, Venda's solutions provide
"best of the web" capabilities to mid-tier and Fortune 1000 companies, giving
them a complete service and support infrastructure on which to grow their
business.
Venda allows customers to reduce the risk, complexity and cost associated
with eCommerce, while empowering business users and delivering unprecedented
ROI. With offices in New York, London and Bangkok, the Company is managed by
a team of eCommerce veterans with more than 200 years of experience in online
businesses. http://www.venda.com
About PCI-DSS
The Payment Card Industry Data Security Standard (PCI-DSS) is global
multi-faceted security standard established by Visa, Mastercard and American
Express that includes requirements for security management, policies,
procedures, network architecture, software design and other critical
protective measures for the security of highly sensitive customer data.
https://www.pcisecuritystandards.org/tech/index.htm
Press Contacts: VENDA, New York, Doug Topken, 360 Madison Avenue, New York, NY 10017, +1-212-808-4004, dtopken@venda.com; VENDA, Europe, Andy Houstoun, 101 St. Martins Lane, London, WC2N 4AZ, +44(0)20-7070-7000, ahoustoun@venda.com