Mobile cybersecurity company Trustonic has joined the PCI Security Standards Council (PCI SSC) as a new participating organisation.
The RegTech company will work with PCI SSC to help secure payment data globally, by supporting the development and deployment of the PCI Security Standards.
PCI SSC aims to increase the payment security and flexibility of data security standards and programs. The council offers an actionable framework for developing a robust payment card data security process and preventing, detecting, and mitigating criminal attacks and breaches.
Being a participating organisation means Trustonic will offer advice on the standards development process and will collaborate with a community of 800 other participants with the goal of improving payment security.
The company will also be able to suggest new initiatives to be considered by the council and share cross-sector experiences and best practices.
PCI Security Standards Council COO Mauro Lance said, “In an era of increasingly sophisticated attacks on systems, PCI Security Standards and resources help organizations secure payment data and prevent, detect and mitigate attacks that can lead to costly data breaches.
“By joining as a Participating Organization, Trustonic demonstrates they are playing an active part in improving payment security globally by helping drive awareness and adoption of PCI Security Standards.”
Trustonic is a mobile cybersecurity company which offers solutions including application protection, device security, revenue protection, IoT security, patents, and certifications.
Trustonic CEO Ben Cade said, “Using smartphones as contactless mPOS terminals is one of the most exciting and disruptive trends in the payment technology space, but it presents new security challenges that can only be adequately resolved with a Trusted User Interface (TUI) secured by a hardware-based Trusted Execution Environment.
“As leaders in mobile app protection, we are perfectly placed to support our partner banks and fintechs with insight into challenges like this and how PCI standards are working to address them.”
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