Secure POS Vendor Alliance Announces Lab Partnership With Witham Laboratories
August 11 2011 - 10:50AM
The Secure POS Vendor Alliance (SPVA), a non-profit business
organization founded by Hypercom (NYSE:HYC), Ingenico S.A. (ING:FP)
and VeriFone (NYSE:PAY), is pleased to announce a partnership with
Witham Laboratories, a leading provider of information security
evaluations with expertise in the payment industry. The
Australian-based consultant will serve as SPVA's first Lab Network
member and will focus on testing SPVA's end-to-end encryption
security requirements.
The SPVA Lab Network is designed to facilitate the closing of
gaps in security payment process compliance by ensuring certain
aspects of technology and applied processes are subject to
independent verification and standard guidelines. The process
allows end-users and customers a method for establishing an
independent and credible review of an implementation of SPVA best
practices and provides them with options to ensure their compliance
is verified.
Introduced in late 2009, SPVA's end-to-end security requirements
are targeted to vendors of POS devices in order to create a secure
payment cycle. Key elements covered by the SPVA approved standard
that will be tested by Witham Laboratories include:
- Data to be encrypted during transmission
- Key management
- Physical and logistical security of TRSM and key
components
- Encryption monitoring and management systems
"Payment data remains constantly under threat by hackers, and
end-to-end encryption represents one of the best ways to ensure the
protection of customers' card data," said Mario Sist, operations
manager at Witham Laboratories. "Witham Laboratories is proud to be
the first member of the SPVA Lab Network, and are pleased to add
testing against the SPVA end-to-end encryption requirements to our
existing testing portfolio. This new accreditation allows us to
remain a 'one stop shop' for all compliance needs when it comes to
securing payment data."
The following are requirements for eligibility in the SPVA Lab
Network: Provide information security evaluations in the POS
industry; Authorized Qualified Security Assessor (QSA); Provide
evaluations in the PIN entry and device security; Approved by the
Payment Card Industry to evaluate compliance with the PCI Data
Security Standard (PCI DSS), the Payment Application Data Security
Standard (PA DSS) and accredited to test PIN Entry Devices for
compliance with the compulsory PCI standards (PCI PED).
"Members of the Lab Network work together to share best
practices and to raise the security level within the point of sale
industry," said Steven Hughes, SPVA president. "We are pleased to
have Witham Laboratories as our first member. Witham is recognized
as one of the leading security experts in the payment card industry
and their combination of accreditations and technical knowledge
makes them truly unique."
To learn more about the SPVA and how to participate in and
benefit from the Lab Network, visit www.spva.org.
About Secure POS Vendor Alliance (www.spva.org)
The Secure POS Vendor Alliance (SPVA) is a non-profit
organization, founded by Hypercom (NYSE:HYC), Ingenico S.A.
(ING:FP) and VeriFone (NYSE:PAY), that works with the multiple
stakeholders of the payment value chain. Its aim is to develop an
end-to-end security framework and to enhance security elements of
payment solutions which protect cardholder information and defend
merchants and acquirers against security breaches, while helping
reducing fraud and lowering risk for all electronic payment
stakeholders.
About Witham Laboratories (www.withamlabs.com)
A leading provider of specialist payment security evaluation
services, Witham Laboratories is accredited to perform evaluations
and audits against local and global security standards including
all PCI standards (PCI PTS, PCI DSS, and PA DSS). With its head
office in Melbourne, Australia, Witham Laboratories has clients
around the globe, and works directly with vendors of POS and PIN
entry devices, merchants, acquirers and card schemes, to assist in
their understanding and compliance to the payment standards. Witham
Laboratories is an active member of many global industry standards
bodies, and uses its intimate knowledge of these standards to
provide the best possible service and advice to its clients.
Editorial Contacts: Mike Rieman/Kate Grusich SPVA 404.816.2037
678.467-9297 Mobile
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