Kount Recertifies Under PCI Data Security Standard for Seventh Year19-Mar-2014
BOISE, Idaho – March 20, 2014 – Kount, a leading provider of fraud prevention and risk management technology, announced it has re-certified under the Payment Card Industry (PCI) Data Security Standard (DSS) for the seventh consecutive year, meeting the highest level of compliance (Level 1).
Since 2007, Kount has met the criteria put forth by the credit card industry's PCI Security Standards Council, an open global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection.
“With the current turmoil in the e-commerce space due to the proliferation of data breaches and accompanying fraud, PCI compliance is more important than ever to demonstrate our commitment to protecting the confidentiality and integrity of transaction data from end-to-end,” said Kount CEO Brad Wiskirchen. “We believe this is a minimum standard for those in the payments and risk ecosystem focused on identifying, preventing and combating fraud.”
Kount underwent an extensive testing process conducted by third-party Trustwave during recertification. The testing focused on the 12 high-level security controls prescribed by the standard, including examination of security management, policies, procedures, network architecture, software design and other critical protective measures.
About the PCI Security Standards Council
The PCI Security Standards Council is an open global forum that is responsible for the development, management, education, and awareness of the PCI Data Security Standard (PCI DSS) and other standards that increase payment data security. Founded in 2006 by the major payment card brands American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the Council has over 700 Participating Organizations representing merchants, banks, processors and vendors worldwide. To learn more about playing a part in securing payment card data globally, please visit: www.pcisecuritystandards.org.
Kount helps online businesses boost sales by reducing fraud and allowing them to accept more orders. Our all-in-one, SaaS platform is designed for companies operating in card-not-present environments, simplifying fraud detection and dramatically improving bottom line profitability. Merchants using Kount can accept more orders from more people in more places than ever before. For each transaction, Kount’s “decisioning” engine analyzes hundreds of relevant variables and activity across the globe in real-time providing the most accurate fraud prediction available. Kount’s intuitive business intelligence tools help merchants increase revenue opportunities in the future, thus boosting sales while reducing fraud. Kount is a single, turnkey fraud solution that is easy-to-implement and easy-to-use. Kount’s proprietary technology provides maximum protection for some of the world’s best-known brands. For more information about Kount, please visit www.kount.com.