Small businesses and financial institutions to benefit from combined payment security expertise
LONDON: Specialist Payment Card Industry (PCI) security service providers Foregenix and ControlScan have formed a strategic alliance to deliver a market-leading suite of technology solutions to acquiring banks and merchant service providers working with small and mid-sized businesses (SMBs) across Europe, the Middle East and Africa.
Foregenix provides specialist information security services to clients across the European, Middle Eastern and African regions, with a strong focus on PCI DSS, PA-DSS, Cardholder Data Discovery and PCI Forensic Investigations. In the U.S. marketplace, Atlanta-based ControlScan is recognised for its expertise in helping SMBs understand, navigate and complete their obligations for the PCI Data Security Standard (DSS). Both Foregenix and ControlScan work closely with and are relied upon by acquiring banks and merchant service providers to reduce their associated risk in working with SMB merchants.
The companies will work together to provide a full suite of proven technologies and expert services that increase SMBs’ awareness and implementation of information security best practices. Foregenix will extend ControlScan’s PCI 1-2-3 and CRE solutions to acquiring banks and service providers throughout the EMEA region, helping the merchants they serve to easily analyse and validate compliance with a well-supported, simplified self-assessment questionnaire, vulnerability scanning, security awareness training and more.
“Our forensic investigation experience shows that there is a universal need to secure payment data properly, and SMB merchants pose the biggest challenge,” said Benj Hosack, director and co-founder, Foregenix. “Our alliance with ControlScan enables us to offer combined technologies and services that have proven effective in strengthening these merchants’ security posture.”
“The strategic alliance between ControlScan and Foregenix represents a significant combination of payment security expertise, delivered on an international scale,” said Joan Herbig, CEO of ControlScan. “ControlScan’s entrance into the global marketplace is a natural progression; data thieves don’t operate on a localised basis and neither should the effort to stop them.”