New Edge Networks Gets Credit Card Security OK from Visa; CISP compliance assures merchants VPN traffic is secure.VANCOUVER, Wash. -- New Edge Networks today said Visa USA has validated that its broadband networks This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.
You can assist by [ editing it] now. are compliant with payment card industry standards for securing cardholder card·hold·er
One who holds a card, especially a credit card.
cardhold information. The company is one of the first communications carriers to fully comply with new card security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising"
Full compliance with Visa's Cardholder Information Security Program The Cardholder Information Security Program (CISP) was a program established by Visa USA to ensure the security of cardholder information as it is being processed and stored by merchants and service providers.
CISP has since been superseded by the [https://www. , or CISP CISP Cardholder Information Security Program (Visa)
CISP Comitato Internazionale per lo Sviluppo dei Popoli
CISP Certified IRA Services Professional (American Bankers Association) , assures retail merchants that virtual private networks, or VPNs, from New Edge Networks are private and secure. New Edge Networks previously received compliance statements from American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Discover Card, and MasterCard.
"Even though VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. networks we build for retail merchants do not traverse the public Internet, New Edge Networks has added a new layer of security to ensure our customers' card payment transactions remain private and secure as information moves over our private backbone network," said Dan Moffat, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of New Edge Networks.
"Credit card security compliance is an important requirement for merchants. Hence, it becomes an important obligation for New Edge Networks," Moffat said.
According to card association mandates, merchants that do not comply face stiff fines or may lose privilege of accepting credit cards from their customers. A list of CISP-compliant service providers is available at www.visa.com/cisp.
CISP establishes a set of 12 industry-wide requirements designed to protect sensitive information from being compromised. These requirements, which also include numerous sub-requirements, are directed at all businesses that store, process, or transmit cardholder information.
To meet stringent security requirements of credit card associations, New Edge Networks submitted to a rigorous audit of its information security policies, procedures, and systems including transport facilities and IT environment. The audit also included an on-site assessment of the company's network management center in Vancouver, Wash.
AmbironTrustWave, a Chicago-based firm that specializes in data security and compliance services and an authorized security assessor for all the card associations, conducted a comprehensive security assessment for New Edge Networks.
"The Payment Card Industry (PCI (1) (Payment Card Industry) See PCI DSS.
(2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus). ) Data Security Standards require that companies that process, store, and transport card holder data take extensive precautions to ensure the security and integrity of their customer's credit card transaction data," said John Shaughnessy, senior vice president of fraud control and operations for Visa USA. "We are looking for Looking for
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. mass adoption of security measures."
"We are pleased that communications providers are coming forth in support of this security initiative that benefits all," Shaughnessy said. "Fighting fraud is an ongoing battle, and the whole industry continues to rally around coming up with effective data security solutions."
New Edge Networks will undergo regular system audits to maintain its compliance on a forward-going basis. The company plans to take continual steps to protect the confidentiality of personal credit card information that moves over wide area networks it provides.
Merchants are abandoning dial-up telephone connections and moving to IP-based networks to triple speed and reduce communications costs for card transactions. IP-based VPNs that move data over the public Internet expose cardholder data to hackers and fraudsters. Private VPNs do not use the public Internet yet monthly costs are about the same.
About New Edge Networks
New Edge Networks is a national provider of private multi-location broadband networks for business and carrier customers. Through its network facilities, New Edge Networks uses a variety of last-mile broadband access technologies (DSL DSL
in full Digital Subscriber Line
Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , frame relay, ATM, cable, and satellite) for building wide area networks (WANs) or virtual private networks (VPNs) that reach 100 percent of U.S. business locations. New Edge Networks' product suite of managed WAN and VPN services received Frost & Sullivan's Telecommunications Services 2005 Product of the Year Award. New Edge Networks is listed No. 28 on the 2004 Inc. 500 list of fastest growing companies in America. The company's Web site is www.newedgenetworks.com. Telephone: 1-360-693-9009.