FAC continues to meet Payment Card Industry’s highest security standards
Hamilton, Bermuda, April 7th, 2011. First Atlantic Commerce (FAC), a global, online payment solutions provider, today announced its Level 1 Payment Card Industry Data Security Standard (PCI –DSS) certification for the 7th consecutive year.
The PCI DSS is a multifaceted security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. It requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity.
Certification of FAC’s data security standards was carried out by Coalfire, an independent IT Audit and Compliance firm and authorized Qualified Security Assessor. Coalfire is certified by the Payment Card Industry Security Standard Council (PCI SSC) to conduct assessments for:
— Report on Compliance (ROC)
— Network Scanning (Approved Scan Vendor)
— Application Security (PA-DSS)
FAC has been a PCI-certified payment solutions provider since 2005, and was one of the first companies in the Latin American Caribbean Region to become fully certified. FAC is also certified for 3-D Secure™ MPI consumer authentication solutions in Europe, CEMEA and LAC Region.
About First Atlantic Commerce
First Atlantic Commerce (FAC) is a leading global, online payment solutions provider. Headquartered in Bermuda, and established in 1998 to create secure card-based payment solutions for e-businesses, FAC’s cGate® technology offers service, flexibility and security to adapt to many business and bank acquirer requirements. FAC provides merchants with multi-currency payment solutions in addition to fraud and data management services including AVS-only, CVV2/CVC2/CID verification, and 3-D Secure™ in multiple jurisdictions across Europe, Asia and the Latin American Caribbean Region. For more information, please visit www.firstatlanticcommerce.com.
Coalfire is a leading, independent IT Audit and Compliance firm that provides information technology (IT) audit, security assessment and IT compliance management solutions. The company has grown rapidly since being founded in 2001 and now completes more than 1,000 projects annually in retail, financial services, healthcare, government and utilities. Coalfire’s solutions are adapted to requirements under emerging data privacy legislation, including the PCI Data Security Standard, Gramm-Leach-Bliley Act, HIPAA/HITECH, NERC CIP, Sarbanes-Oxley and FISMA. For more information, please visit www.coalfiresystems.com
About PCI Security Standards Council
The PCI DSS, a set of comprehensive requirements for enhancing payment account data security, was developed by the founding payment brands of the PCI Security Standards Council, including American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc. International, to help facilitate the broad adoption of consistent data security measures on a global basis. For more information, please visit www.pcisecuritystandards.org.
First Atlantic Commerce
Tricia Lines Hill – VP Marketing & Corporate Communications
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