NEW YORK and LONDON, February 14 /PRNewswire/ -- Venda, a global leader in eCommerce solutions, today demonstrated its continuing commitment to the highest levels of data security for both its retail partners and their customers alike by announcing that it has been awarded the highest level Tier 1 Certification for compliance with the Payment Card Industry Data Security Standard (PCI-DSS).
Venda is the first global eCommerce provider to achieve enterprise-wide
certification, as many other solution providers have only PCI-certified
certain areas of their offerings or had to integrate third party
applications, unlike Venda who chose to have its entire platform and
operation audited to ensure that every single feature, function and
operational element of their service was PCI Certified. It represents the
culmination of a significant two-year investment program and a rigorous
audit by a Visa appointed third party, Security Metrics Inc, of Venda's
platform, security systems, organization, and data center facilities.
James Cronin, Group CIO at Venda said, "Providing a secure infrastructure
capable of operating 24x7x365 at high scale is no simple task. Our PCI-DSS
compliance program has taken significant and sustained investment and
maintaining our top level of certification will take no less. I'm
delighted that our expert team's work in this area and our market leading
infrastructure has been recognized by the award of this global standard. I
would also like to thank our independent auditor, Security Metrics, who
performed the stringent audit required."
"The increased press coverage that almost weekly data security breaches
are receiving makes it crystal clear that to be 100% secure, you need to
address 100% of your enterprise. Consumers are acutely aware of the need
for security online and that it now goes much further than just an SSL
padlock on your checkout. I hope that our competitors follow our lead and
show that they take security as seriously as we do by submitting their
full platforms to a tier 1 PCI-DSS compliance audit too."
Mr. Wenlock Free, Vice President of Security Metrics said, "We are pleased
to provide PCI audit services and certification to Venda. They were
well-prepared during the audit and careful in their process. The key to
success in working with Venda was that we were able to complete the
certification in half the time as similar organizations because they had
invested heavily in the groundwork needed for the complex audit process.
The advantage the eCommerce industry has with resulting certification is
that all the retailers on their platform are now PCI-DSS certified. As
worldwide merchants work diligently to achieve PCI compliance, businesses
can have confidence in the services offered by Venda."
Venda delivers on-demand eCommerce to some of the world's leading
retailers and manufacturers, including DeBeers, Xerox, Crabtree & Evelyn,
Hamleys, Panasonic, Pokémon, The Body Shop, and Urban Outfitters.
The Company's complete eCommerce platform combines flexibility,
reliability and scalability with the operating advantages of an outsourced
service. Multi-lingual and multi-currency capable, Venda's solutions
provide "best of the web" capabilities to mid-tier and Fortune 1000
companies, giving them a complete service and support infrastructure on
which to grow their business.
Venda allows customers to reduce the risk, complexity and cost associated
with eCommerce, while empowering business users and delivering
unprecedented ROI. With offices in New York, London and Bangkok, the
Company is managed by a team of eCommerce veterans with more than 200
years of experience in online businesses. http://www.venda.com
The Payment Card Industry Data Security Standard (PCI-DSS) is global
multi-faceted security standard established by Visa, Mastercard and
American Express that includes requirements for security management,
policies, procedures, network architecture, software design and other
critical protective measures for the security of highly sensitive customer