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Banking CIO Outlook | Monday, July 31, 2023
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AppViewX Joins The PCI Security Standards Council as an Associate Participating Organization.
FREMONT, CA: "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," said Lance Johnson, Executive Director of the PCI Security Standards Council. "By joining as an Associate Participating Organization, AppViewX has the opportunity to play an active part in improving payment security globally by helping drive awareness and adoption of PCI Security Standards."
AppViewX, a pioneer in application-centric identity and access management, declared today that it had become a new Associate Participating Organization of the PCI Security Standards Council (PCI SSC). Through the continued development and implementation of the PCI Security Standards, AppViewX will collaborate with the PCI SSC to assist in the global security of payment data.
With the provision of adaptable, business-driven, and efficient data security standards and initiatives, the PCI SSC directs an international, cross-industry effort to strengthen payment security. It is essential to establish a global industrial partnership to achieve this goal. Industry executives come together as part of the Council's Participating Organizations program to strategize how to defend payment data against the most recent threats and predict what a constantly evolving payment ecosystem will require.
AppViewX will contribute its voice to the standards-development process as an Associate Participating Organization and work with a growing community to enhance payment security globally. AppViewX will also have the chance to share cross-sector experiences and best practices with the PCI Security Standards Council at the yearly PCI Community Meetings and submit fresh initiatives for consideration.
"We are very excited to become part of the PCI Security Standards Council and to continue to work with them on this critical initiative to further develop standards that secure the world's payment data," stated Murali Palanisamy, Chief Solutions Officer at AppViewX. "Additionally, our platform directly addresses the most recent enhancements in PCI DSS v4.0, which puts a focus on strong cryptography and the need for a certificate (and key) lifecycle management (CLM) and validation as a top priority. By delivering a fully automated CLM solution, AppViewX helps organizations ensure digital identities stay secure and compliant to the payment processing standard."
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