Dublin firm secures US deal for compliance software
By Caroline Allen
Dublin firm VigiTrust has partnered with Comply Guard Networks, a US provider of network security services, to launch compliance software for the Payment Card Industry Data Security Standard (PCI DSS).
Under the terms of the deal, agreed in March, the companies have jointly launched a Merchant Compliance Portal (MCP) aimed at merchant aggregators who need to ensure compliance with PCI DSS.
The MCP combines ComplyGuard’s integrated PCI DSS approved scanning service with VigiTrust’s security assessment tool and security e-learning capabilities.
It has already been rolled out to 2,500 merchants in the US, Britain and Ireland, including government departments, gyms, shops, restaurants and insurance companies. Mathieu Gorge, chief executive of VigiTrust, said the deal was worth €500,000 to the company.
‘‘In order to validate compliance with PCI DSS, level three and four merchants need IP scanning, e-learning, policies and procedures and access to a self-assessment questionnaire [SAQ],” said Gorge.
‘‘The deal is a good fit as ComplyGuard provides scanning, which we do not have, and we provide training through e-learning, policies and procedures and the SAQ, which ComplyGuard does not have.”
Gorge described the deal as a major boost for VigiTrust, which opened an office in New York two years ago.’ ‘This deal is a major win for VigiTrust in the US, not only in dollar terms, but as a strategic breakthrough. It enables us to offer a complete compliance solution to merchant aggregators, such as payment service providers and trade associations, as well as mid-size corporations, and also provides us with an additional US-based partner for our merchant compliance portal,” he said.
Established in 2003, VigiTrust launched an e-learning security portfolio (eSEC) in 2007.I t now has more than 30 eSEC modules, in areas including security basics, secure coding and secure printing.
It launched its security accreditation management system for PCIDSS in late 2008.