eEye to Roll out PCI Compliance Reporter

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Released on: 31, December 1969
, Author: Sbrown/eEye
, Audience: Computers related

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ALISO VIEJO, Calif., December 10, 2007 eEye Digital Security ,a leading developer of network security and security management software, todayannounced that it will be providing a PCI Compliance Reporter, a series of reporttemplates designed to ensure that organizations comply with some 12 Payment CardIndustry Data Security Standard (PCI DSS) requirements for protection against creditcard fraud and identity theft. Since 2005, credit card fraud in the UK and Americahas increased by 350% on average, according to Reuters, while the FBI estimated thecost of organized cybercrime at $400 billion in 2004.

Conforming to strict PCI DSS standards, the eEye PCI compliance reports will enableusers to comply with PCI requirements, beginning with the identification, assessmentand mitigation of existing risks, prevention of future risks, monitoring andanalyzing events, incident response and generating reports on risk status.

Being able to enforce and report local system policy from a centralized position iskey, said Morey Haber, eEye VP of Product Management. eEye computer securitysolutions allow an organization to accurately portray its security posture andattest to its state of compliance. We can maintain a snapshot of system status,vulnerabilities, patches, and configuration detail in any size of environment,identifying compliance anomalies in a timely fashion and thereby helpingorganizations run secure business practices.

The eEye PCI Compliance Reporter supports the following PCI DSS mandates:

Install and maintain a firewall configuration to protect data; Prevent the practice of using vendor-supplied defaults for system passwords andother security parameters; Use and regularly update anti-virus software and signatures; Assign a unique ID to each person with computer access; Regularly test security systems and processes; and Develop and maintain secure systems and applications;

These PCI compliance reports will initially be available for use with the REMSecurity Management Console and the REM 1505 Appliance, both of which offer acomplete view and control of an organization s security posture; integratedvulnerability management (network and host) with centralized endpoint securitymanagement. The console manages Retina network vulnerability scans and BlinkProfessional endpoint security policies and incidents from a single console.

We are looking forward to using the PCI Compliance Reporter to satisfy a growingdemand among our retail and financial services customers for ways to preventidentify theft and restore public trust in making credit card purchases without fearof losing money or ruining one s credit history, said Dave Doebler, Director ofSales, Mission Critical Systems. Taking a proactive approach to mitigate financialrisk is imperative given the amount of phishing, keylogging, WiFi hacking, andrelated scams criminals use to prey on innocent consumers.

PCI Compliance Reports by eEye will later be available in its Retina NetworkSecurity Scanner. Retina scans the network for known and unauthorized devices - suchas servers, desktops, laptops, routers/switches - identifying missing patches,misconfigurations, policy exceptions, and other vulnerabilities.

The PCI DSS is the payment card industry s effort at self regulation. It creates aunified security standard that reduces the risk of card fraud and governs thesafekeeping of cardholder information throughout the transaction process. It appliesto any and all merchants, service providers and acquirers that store, process ortransmit cardholder data.

According to statistics posted on Visa s Web site, 44% of 327 so-called Level 1merchants, those identified as submitting more than 6 million Visa transactionsannually, were PCI compliant as of Aug. 31, up from 40% in July. Another 54% havesubmitted plans but need to make changes before getting final validation. Level 1merchants account for half of Visa s transaction volume.

Visa also noted that nearly 2,500 Level 3 merchants, those that do business only onthe Web and generate 20,000 to 1 million annual Visa transactions, have a validatedPCI compliance rate of 54%. Twenty percent are in remediation and 24% have startedthe PCI assessment process, Visa reports.

Pricing and AvailabilityPCI Compliance Reports by eEye are now available for use with the REM SecurityManagement Console and the Retina Enterprise Security Management Appliance 1505.They will be available in the Retina Network Security Scanner by December 30. TheRetina Enterprise Security Management Appliance 1505 with eEye PCI ComplianceReporter starts at $20,000.

About eEye Digital SecurityeEye Digital Security is the innovative leader in vulnerability and securityresearch, providing security solutions that help businesses and users protect theirsystems and intellectual property from compromise. eEye enables secure computingthrough world-renowned research and innovative technology, supplying some of theworld s largest businesses with an integrated and research-driven vulnerabilityassessment, intrusion prevention, and client security solution. eEye protects thenetworks and digital assets of a growing network of more than 9,000 corporate andgovernment deployments worldwide. Founded in 1998, eEye Digital Security isheadquartered in Orange County, California. For more information, please visitwww.eEye.com.

All trademarks contained within this press release are the sole property of theirrespective owners and are hereby acknowledged.

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Source: Express-Press-Release.com
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