Chicago, IL (PRWEB) April 18, 2007
403 Labs, LLC, a leading information security consulting and services company, announced today that it has acquired 5PEG SECURITY, an information security consulting firm with expertise in the Payment Card Industry (PCI).
The addition of 5PEG's expertise as a PCI Qualified Security Assessor to 403 Labs PCI Compliance Division will allow 403 Labs to be a true one-stop firm for all organizations seeking to become PCI compliant. 5PEG has been involved with the MasterCard and Visa data security program since their inception in 2001. 403 Labs will now be certified as both an Approved Scanning Vendor as well as a Qualified Security Assessor for the PCI standard. They will also incorporate 5PEG's other security services into their current offerings.
With the acquisition, 403 Labs is also gaining 5PEG's extensive security consulting experience by bringing most of 5PEG's employees on staff. These consultants will continue to provide their clients with the outstanding service they have come to expect from 5PEG and will now be able to take advantage of the additional resources of 403 Labs.
"We have been looking to expand our PCI offerings for quite some time but wanted to make sure it would be the proper fit for us." said D.J. Vogel, 403 Labs founder and Chief Executive Officer. "We found exactly what we were looking for with 5PEG's technical skills and expertise as a Qualified Security Assessor. They have also built a reputation for quality service which was very important to us."
The acquisition will allow 403 Labs to expand its customer reach as 5PEG is based out of the Los Angeles area and also does business in Latin America. "We are always looking to expand our customer reach and the service we can provide to those customers," said Vogel. "Having an office on the West Coast will allow us to provide even timelier on-site services to our customers in that region. We are also excited to be expanding in the Latin American market as well."
Terms of the deal were not disclosed. For the moment, all employees will be staying at their current regional locations.
About 403 Labs
403 Labs provides advanced information security solutions to financial institutions, payment card processors, merchants, and other organizations. 403 Labs specializes in performing penetration tests, computer security assessments, and computer forensic investigations for organizations with critical information security needs. 403 Labs is both an Approved Scanning Vendor and Qualified Security Assessor certified to perform the requirements of the Payment Card Industry Data Security Standard (PCI DSS). For more information please visit http://www.403labs.com.