Payment security specialist Foregenix has become one of the first Qualified Security Assessors (QSA) globally to be accredited by the Payment Card Industry Security Standards Council (PCI SSC) as having the necessary skills and experience to guide and assess payment applications against its Point-to-Point-Encryption (P2PE) standards.
The P2PE standard defines the requirements for Point-to-Point Encryption solutions, with the goal of significantly reducing the scope of PCI DSS assessments for merchants that use them. P2PE solutions focus on ensuring cardholder data is secured from the point of transaction all the way to the processor. Merchants who accept credit card transactions via P2PE approved solutions can significantly reduce the costs and risks associated with cardholder data and PCI DSS compliance.
"A commitment to continual development is core to our business philosophy. Our specialist team constantly strives to innovate and develop the skills to support our clients better now and in the future," says Benj Hosack, director at Foregenix. "With this new accreditation, Foregenix is well positioned to help companies that are looking to validate their payment applications against the P2PE standard in the very near-term, as well as being able to assist merchants looking to reduce their risk and PCI DSS overhead."