Abanco Completes MCCP Certification


 

Certification Helps Guard Against Security Breeches

PRESS RELEASE

Rosemont, IL - November 17, 2004 - Abanco International, LLC, a leading provider of payment processing solutions, today announced it has successfully completed the Ambiron Multi-Card Compliance (MCCP) security certification. As a result, Abanco's information security posture has been certified that it meets or exceeds information security industry best practices, including the data security requirements of the following credit card association data security programs:
  • American Express DSOP
  • Discover DISC
  • MasterCard SDP
  • Visa AIS
  • Visa CISP
To successfully complete an Ambiron MCCP audit, an extensive security assessment must be conducted by Ambiron, which includes vulnerability scanning and penetration testing. In order to validate compliance, reports produced from these efforts must not identify any "High Level" security risks. No high level risks within the Abanco environment were identified.

"Abanco is one of the first payment gateway providers to obtain MCCP certification," says Tracy Metzger, chief technology officer at Abanco. "This is very important to our merchants as we're providing a secure environment for them to transact business and providing them with peace of mind, something that is vital in the Internet world today if a company wants to succeed." To ensure on-going compliance, Abanco's security posture will be evaluated by Ambiron Vital Signs&trade, which is a vulnerability and compliance management system designed to meet the specific information security needs of business that store, process and/or transmit credit card data. As the leading vulnerability and compliance management system in the payment industry oday, Vital Signs scans thousands of networks on a daily basis to ensure compliance with card association data security regulations.

"Providing vulnerability management and compliance services to a premier gateway like Abanco is a significant step forward for Ambiron," said Robert J. McCullen, co-founder and managing partner of Ambiron. "By validating Abanco's compliance with the card association data security programs, we are helping secure a key element in the payment supply chain."

About Abanco International, LLC

Abanco International, LLC, founded in 2002, is a leading provider of payment processing solutions that develops and markets a full suite of services to the automotive, healthcare, hospitality, insurance, retail and transportation industries. Its innovative hardware and software platforms are a product of Abanco's commitment to developing solutions that enhance customer relationships through management of all cardholder interactions including credit (with optional signature capture), debit, non-bank cards, electronic check services, and gift and loyalty programs. Abanco is headquartered in Rosemont, IL and has representative offices throughout the USA. Company and product information are available at: www.abanco.com.

About Ambiron

Ambiron provides data security and compliance services to businesses in the financial services vertical. For the payment industry, Ambiron helps banks, merchants and service providers mitigate their risk by validating compliance with the card association data security programs for American Express, Discover, MasterCard, Visa Canada and Visa USA. For companies in the electronic trading business, Ambiron provides services that enable a secure, stable platform for processing transactions. Headquartered in Chicago with offices throughout the United States, Ambiron's staff is composed of network and data security professionals who have substantial experience in delivering services to large and mid-sized companies.www.ambiron.net.

 
Click Here   Click Here