StrikeForce Technologies, a cyber security solutions developer, has signed a strategic partnership agreement with VigiTrust to enable players in the payment card industry to meet new PCI-DSS 3.0 regulations.
The new PCI-DSS 3.0 standard, which will come into force on 1 January 2014, is aimed to enhance cardholder data security and facilitate adoption of consistent data security measures globally.
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In order to meet these new PCI security requirements, organisations are required to implement security solutions which will allow them to assign a unique ID to each user, track system component usage and encrypt data in transit and at rest.
Commenting to the agreement, StrikeForce CEO Mark Kay, said: "VigiTrust is a global leader in helping companies meet and maintain PCI security compliance. StrikeForce’s patented ProtectID Multi-Factor Authentication technology and GuardedID Keystroke Encryption technologies not only enable this but help reduce PCI-DSS scope for merchants and PSPs.
"StrikeForce anticipates increased revenues from this new partnership."
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By GlobalData
