Sysnet Global Solutions, a leading worldwide provider of information security and assurance services, today announced that they have attained the status of approved Payment Forensics Investigator (PFI), confirmed by the PCI Security Standards Council (PCI-SSC). Sysnet are now listed on the PCI-SCC website as approved PCI Forensic Investigators;
www.pcisecuritystandards.org/approved_companies_providers/pfi_companies.php
The PCI Security Standards Council’s PFI program establishes and maintains the rules and requirements regarding eligibility, selection and performance of companies that provide forensic investigation services to ensure they meet PCI Security Standards. The PFI program aims to help simplify and expedite procedures for approving and engaging forensic investigators. The PFI list will replace the previous ‘QFI’ list as of March 1, 2011. After March 1, the card brands will only accept forensic reports from companies that are on the PFI list.
With the growing threat of credit card fraud across the globe and more aggressive tactics shown by organised criminal groups, if an Account Data Compromise (ADC) does occur and an investigation is required, Sysnet are well equipped to minimise the potential loss and ensure that the affected organisation is back to trading in a safe, compliant manner as soon as possible.
“This achievement is the result of the cumulative effort of a number of people at Sysnet and we are delighted that we are now on the PFI list” said Nick Prescot, Senior Consultant of the Data Forensics team at Sysnet Global Solutions “Whilst we wish that no organisation suffers a data compromise, we can now demonstrate that the Sysnet approach to quality, dedication and thoroughness will ensure that, should the worst happen, the end result will be an organisation that is not only above and beyond the requirements of today’s compliance but also well prepared for the future.”
In preparing and rehearsing against potential account data compromises, Sysnet Global Solutions offer incident management workshops, intelligence briefings on the latest trends, briefings on best practice in securing personal data, guidance on how to deal with the legal aspects of an investigation and insurance services that enable organisations to be best prepared in the event of a data compromise.
“This is a very important achievement for Sysnet” said Gabriel Moynagh, General Manager at Sysnet Global Solutions “Our PFI status compliments the extensive range of products and services we currently provide and further increases our ability to assist our clients in protecting vital business information assets.”
For further information on our PFI Consultancy Services, please contact one of our Sales representatives by calling +353 (0)1 495 1300 or by completing our Online Enquiry Form or Request a Call Back Form.
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Sysnet to present at the Vendorcom PCI & Payment Security Retailer Breakfast Briefing
Sysnet Global Solutions, a leading worldwide provider of information security and assurance services, will present at the Vendorcom PCI & Payment Security Retailer Breakfast Briefing on March 1st 2011. The event, which takes place in London, will address the information security issues faced by merchants.
The briefing will take the form of short presentations that will provide attendees with up-to-date information that will help improve the security of payment data and move PCI to a business as usual process.
“The data forensics team at Sysnet are very excited to be part of the Vendorcom breakfast briefings” said Nick Prescott, Senior Consultant – Data Forensics, at Sysnet Global Solutions, “Cyber warfare is a relatively new and growing phenomenon and no more so than within the realms of cardholder data. We are passionate about educating, preventing and, when an unfortunate event happens, responding to incidents and ensuring that all businesses affected from a breach emerge from an incident with a renewed confidence in security.”
The presentations will be followed by a Questions & Answers session, during which the speakers will be joined by Nick Heape of Visa Europe and Phil Jones of Barclaycard.
The briefing will take place at the Herschel Room, 76 Portland Place, London, W1B 1NT and will commence at 8.00am and will conclude at 10.30am.
To register a place at this briefing, please go to the following link: www.vendorcom.com/register.php?event_id=78
The briefing will take the form of short presentations that will provide attendees with up-to-date information that will help improve the security of payment data and move PCI to a business as usual process.
“The data forensics team at Sysnet are very excited to be part of the Vendorcom breakfast briefings” said Nick Prescott, Senior Consultant – Data Forensics, at Sysnet Global Solutions, “Cyber warfare is a relatively new and growing phenomenon and no more so than within the realms of cardholder data. We are passionate about educating, preventing and, when an unfortunate event happens, responding to incidents and ensuring that all businesses affected from a breach emerge from an incident with a renewed confidence in security.”
The presentations will be followed by a Questions & Answers session, during which the speakers will be joined by Nick Heape of Visa Europe and Phil Jones of Barclaycard.
The briefing will take place at the Herschel Room, 76 Portland Place, London, W1B 1NT and will commence at 8.00am and will conclude at 10.30am.
To register a place at this briefing, please go to the following link: www.vendorcom.com/register.php?event_id=78
PCI & Payment Security Retailer Breakfast Briefing – Tuesday 1st March, London
and supported by BARCLAYCARD & VISA EUROPESysnet Global Solutions is proud to be supporting – and speaking at – the Vendorcom PCI & Payment Security Retailer Breakfast Briefing on March 1st and we’d be delighted if you could join us.
This briefing will take the form of short, punchy, focused presentations that will provide you with up to date, accurate information that will help you improve the security of your payment data, move PCI to a business as usual process and ensure that you keep both the business and the customer happy; all this – and not a sales pitch in sight!!
In this briefing, with the help of both ourselves and Tripwire, Vendorcom will be looking at the business impact of PCI & Payment Security:
- What is the cost of compliance (versus non compliance)?
- How do you work with your suppliers to minimise the risk of a security breach?
- If you are breached, what steps can you take to minimise the impact both directly on your customer and on your brand?
Following these presentations, there will also be a Q&A panel, where the speakers will be joined by Nick Heape of Visa Europe and Phil Jones of Barclaycard. This is the opportunity to ask ourselves and the rest of the expert panel your unanswered PCI & Payment Security questions. There will also be time after the session to stay on, ask any additional questions that may not have been answered in the group session – and to network with your peers, the panellists and the Vendorcom team.
It may not always feel like it, but as an industry we are here to help – please take advantage of us!!
Please Note: This briefing is FREE to attend
Agenda:
0800 - 0830 Registration, Breakfast & Networking
0830 - 0840 Welcome & Introduction
Paul Rodgers, Chairman – Vendorcom
0840 - 0905 The True Cost of Compliance
Tripwire have recently completed research into the True Cost of Compliance to determine the full costs associated with an organisation’s compliance efforts. This presentation will highlight the recently released benchmark study of multinational organisations providing a clear understanding of the differences between compliance and non-compliance costs incurred when complying with laws, regulations and policies.
Mike Shanahan, Account Director - Tripwire
0905 – 0930 The Security Breach: Guarding Against and Reacting To!
The PCI DSS is designed to help us guard our business against security breaches – that’s all well and good, but how do we work better with suppliers to ensure that they’re working to reduce our risk as well? And if the worst happens and we are breached, what is the best course of action? In essence, this session will encourage you to prepare for a breach, know how to limit your exposure to the risk of a breach and understand what best to do in the event of an account data compromise.
Nick Prescot, Senior Consultant, Forensics – Sysnet Global Solutions
0930 – 1000 Q&A Panel
What do you really want to know? What is the most burning question you have about PCI & Payment Security that remains unanswered? Now is your chance to ask it!!
Mike Shanahan (Tripwire), Nick Prescot (Sysnet), Nick Heape (Visa Europe), Phil Jones (Barclaycard), Paul Rodgers (Vendorcom)
1000 – 1030 Coffee & Networking
Your time away from the business is precious, we recognise that, and that’s why we’ve kept this session short and snappy! However, we also know that there’s never enough time to answer everybody’s questions in an open session – and indeed there may well be questions that you don’t want to ask in an open session.
So, the Vendorcom team, our speakers and our panel will all be staying on for coffee after the session so that, if you want to, you can spend an extra few minutes/half an hour, asking questions and taking the opportunity to share experiences with your peers – who knows what additional nuggets of information you could pick up that might just help your business!
Date: Tuesday 1st March 2011
Time: 0800 (for a prompt 0830 start) – 1000 (with opportunity to stay on through to 1030 to ask additional questions/network)
Venue: Herschel Room, 76 Portland Place, London, W1B 1NT
Map: Click here
Nearest Underground Station: Regents Park (Bakerloo Line), Great Portland Street (Circle, Hammersmith & City, Metropolitan Lines)
Cost: This event is FREE to attend
Registration: To confirm your place at this event: Register Here
We hope that you will be able to join us, Vendorcom and Tripwire on 1st March.
Sysnet Global Solutions announces appointment of new Regional Manager for North America
Sysnet Global Solutions, a leading worldwide provider of information security and assurance services, today announced the appointment of Bill Hodge as Regional Manager for North America with immediate effect. Bill will be based in Knoxville, Tennessee.
In this role, Bill will oversee Sysnet’s North American based business activities with an emphasis on new business development and client relationship management.
“We are very pleased to welcome Bill to the company” said Tom Moynagh, Managing Director at Sysnet, “Bill has considerable experience in the Information Security industry having provided consultancy, audit and risk assessment services to businesses operating in a wide variety of industries. We look forward to working with Bill and to the further development of our US based business.
“I am delighted that Sysnet have identified North America as a key region for business growth.” said Bill Hodge, Regional Manager for North America “This is a critical time for many organizations as they struggle to both maintain regulatory compliance and protect their businesses whilst also adhering to strict budget controls. I am confident that Sysnet can provide the best value services to assist such organisations in meeting all of these requirements.”
Bill graduated from East Tennessee State University with Bachelor and Masters Degrees after serving in the United State Marine Corps. He also holds AAS in Computer Science from the Pellissippi State Technical Community College, and has earned the CISA and CISSP certifications.
Further key personnel appointments for the North American region are expected in the near future.
In this role, Bill will oversee Sysnet’s North American based business activities with an emphasis on new business development and client relationship management.
“We are very pleased to welcome Bill to the company” said Tom Moynagh, Managing Director at Sysnet, “Bill has considerable experience in the Information Security industry having provided consultancy, audit and risk assessment services to businesses operating in a wide variety of industries. We look forward to working with Bill and to the further development of our US based business.
“I am delighted that Sysnet have identified North America as a key region for business growth.” said Bill Hodge, Regional Manager for North America “This is a critical time for many organizations as they struggle to both maintain regulatory compliance and protect their businesses whilst also adhering to strict budget controls. I am confident that Sysnet can provide the best value services to assist such organisations in meeting all of these requirements.”
Bill graduated from East Tennessee State University with Bachelor and Masters Degrees after serving in the United State Marine Corps. He also holds AAS in Computer Science from the Pellissippi State Technical Community College, and has earned the CISA and CISSP certifications.
Further key personnel appointments for the North American region are expected in the near future.
Sysnet announces relocation of headquarters to accomdate business expansion
Sysnet Global Solutions, a leading worldwide provider of information security and assurance services, today announced that due to significant business expansion they have relocated their Dublin headquarters to 4th Floor, The Herbert Building, The Park, Carrickmines, Dublin 18.
“We are very pleased to announce the relocation of our Dublin based headquarters to accommodate our growing workforce” said Gabriel Moynagh, General Manager at Sysnet Global Solutions “During the past year we significantly increased our staff numbers to support recently announced client wins, including two major banking clients. The majority of new hires have been to support our Compliance Managed Services solution that provides PCI DSS merchant portfolio compliance validation for banking and other acquiring organisations. Similar growth is expected during 2011 with further new client announcements to follow.”
PCI DSS is a set of comprehensive requirements for enhancing the security of payment account data, transactions and processing systems. It was developed by the founding payment brands of the PCI Security Standards Council, and has been adopted by third party processors and merchant acquirers globally to combat cardholder data fraud.
Sysnet’s new headquarters will cater for both its current and future business expansion requirements. The company also recently opened their new UK based office at Davidson House, Forbury Square, Reading, RG1 3EU Tel. +44 (0)118 900 1510.
“We are very pleased to announce the relocation of our Dublin based headquarters to accommodate our growing workforce” said Gabriel Moynagh, General Manager at Sysnet Global Solutions “During the past year we significantly increased our staff numbers to support recently announced client wins, including two major banking clients. The majority of new hires have been to support our Compliance Managed Services solution that provides PCI DSS merchant portfolio compliance validation for banking and other acquiring organisations. Similar growth is expected during 2011 with further new client announcements to follow.”
PCI DSS is a set of comprehensive requirements for enhancing the security of payment account data, transactions and processing systems. It was developed by the founding payment brands of the PCI Security Standards Council, and has been adopted by third party processors and merchant acquirers globally to combat cardholder data fraud.
Sysnet’s new headquarters will cater for both its current and future business expansion requirements. The company also recently opened their new UK based office at Davidson House, Forbury Square, Reading, RG1 3EU Tel. +44 (0)118 900 1510.
The importance of PCI Compliance
Before the PCI DSS was established, various card brands set up their own security programmes in order to protect card holder data and identity theft due to ongoing data compromises occurring at numerous levels.
In 2006, the five major card brands (Visa, MasterCard, American Express, Discover Card and JCB) then decided to unify their policies and procedures under one universal standard that was called the Payment Card Industry Data Security Standard (PCI DSS). The PCI council governs the payment industry and ensures that all entities accepting, storing or transmitting credit card data adhere to the PCI DSS. The aim is to reduce the number of security breaches and protect the card brands.
PCI DSS can help organisations to;
• protect valuable customer information including payment card details
• protect against the loss of valuable business information and the cost associated with data compromise
• protect against the negative publicity associated with a data breech
• ensure continued customer confidence in the use of payment cards
How does an organisation attain PCI compliance?
An organisation can attain PCI compliance by conforming to the 12 security requirements set out within the PCI DSS. Depending on their merchant level an organisation that is accepting, storing or transmitting card data can become PCI DSS compliant by either submitting a validated Self-Assessment Questionnaire (SAQ) or by undergoing an onsite assessment with a Qualified Security Assessor (QSA).
The merchant level depends on the volume of transactions that they are handling per annum. An organisation that is handling 6 million transactions or more must have an onsite assessment carried out each year by a QSA as well as quarterly network scans.
However, an organisation that is handling 20,000 to 6 million transactions per year can fill out an SAQ but must also undergo quarterly scans of their external network in order to conform to PCI compliance. For organisations handling less than 20,000 transactions per year, they must also undergo quarterly scans on their network and complete an SAQ.
If an organisation that is handling card data from one of the PCI council member brands falls victim to a security breach, they can incur a significant fine and be banned from handling future credit card payments for any of the five major card brands.
For further information on our PCI compliance services, please contact one of our Sales representatives by calling +353 (0)1 495 1300 or by completing our Online Enquiry Form or Request a Call Back Form.
In 2006, the five major card brands (Visa, MasterCard, American Express, Discover Card and JCB) then decided to unify their policies and procedures under one universal standard that was called the Payment Card Industry Data Security Standard (PCI DSS). The PCI council governs the payment industry and ensures that all entities accepting, storing or transmitting credit card data adhere to the PCI DSS. The aim is to reduce the number of security breaches and protect the card brands.
PCI DSS can help organisations to;
• protect valuable customer information including payment card details
• protect against the loss of valuable business information and the cost associated with data compromise
• protect against the negative publicity associated with a data breech
• ensure continued customer confidence in the use of payment cards
How does an organisation attain PCI compliance?
An organisation can attain PCI compliance by conforming to the 12 security requirements set out within the PCI DSS. Depending on their merchant level an organisation that is accepting, storing or transmitting card data can become PCI DSS compliant by either submitting a validated Self-Assessment Questionnaire (SAQ) or by undergoing an onsite assessment with a Qualified Security Assessor (QSA).
The merchant level depends on the volume of transactions that they are handling per annum. An organisation that is handling 6 million transactions or more must have an onsite assessment carried out each year by a QSA as well as quarterly network scans.
However, an organisation that is handling 20,000 to 6 million transactions per year can fill out an SAQ but must also undergo quarterly scans of their external network in order to conform to PCI compliance. For organisations handling less than 20,000 transactions per year, they must also undergo quarterly scans on their network and complete an SAQ.
If an organisation that is handling card data from one of the PCI council member brands falls victim to a security breach, they can incur a significant fine and be banned from handling future credit card payments for any of the five major card brands.
For further information on our PCI compliance services, please contact one of our Sales representatives by calling +353 (0)1 495 1300 or by completing our Online Enquiry Form or Request a Call Back Form.
Sysnet appoints new Sales Director
Sysnet Global Solutions, a leading worldwide provider of information security and assurance services, today announced the appointment of Paul McNamara as Sales Director with immediate effect.
Paul McNamara brings a wealth of experience and knowledge to Sysnet, having spent more than 14 years in sales roles with companies such as Google and BT. At Sysnet, Paul will be responsible for overseeing regional sales activity and for the achievement of the company’s global sales objectives.
“We are very pleased to welcome Paul to the company, his experience and expertise will drive the consolidation of our global sales effort as the business continues to enjoy a considerable level of growth across all regions.” said Gabriel Moynagh, General Manager at Sysnet Global Solutions.
“I am delighted to join Sysnet and I look forward to getting to know our clients and their businesses. As Sales Director, my responsibility is to ensure our clients continue to receive the most appropriate and best value information security compliance and risk mitigation solutions” said Paul McNamara, Sales Director at Sysnet Global Solutions “I am also looking forward to the challenge of ensuring that the business continues to enjoy in the future, the success it has experienced to date.”
Paul holds a BSc. in Management from Trinity College, Dublin and an Advanced Diploma in Marketing from the Dublin Institute of Technology.
For further information, please visit our website at www.sysnetglobalsolutions.com
Paul McNamara brings a wealth of experience and knowledge to Sysnet, having spent more than 14 years in sales roles with companies such as Google and BT. At Sysnet, Paul will be responsible for overseeing regional sales activity and for the achievement of the company’s global sales objectives.
“We are very pleased to welcome Paul to the company, his experience and expertise will drive the consolidation of our global sales effort as the business continues to enjoy a considerable level of growth across all regions.” said Gabriel Moynagh, General Manager at Sysnet Global Solutions.
“I am delighted to join Sysnet and I look forward to getting to know our clients and their businesses. As Sales Director, my responsibility is to ensure our clients continue to receive the most appropriate and best value information security compliance and risk mitigation solutions” said Paul McNamara, Sales Director at Sysnet Global Solutions “I am also looking forward to the challenge of ensuring that the business continues to enjoy in the future, the success it has experienced to date.”
Paul holds a BSc. in Management from Trinity College, Dublin and an Advanced Diploma in Marketing from the Dublin Institute of Technology.
For further information, please visit our website at www.sysnetglobalsolutions.com
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