Palo Alto, CA (PRWEB) October 15, 2012
IdentityMind Evolutionary Anti Fraud and Risk Management Platform for online commerce merchants, Payment Service Providers (PSPs) and Financial Institutions, today announced achieving Payment Card Industry (PCI) Data Security Standard (DSS) Level 1 Certification. The PCI DSS Level 1 certification is the highest level of assurance defined by the PCI Security Standards Council (PCI SSC).
This certification assures that all credit card holder data processed and stored within IdentityMind's Platform meets the highest security standards.
"We realize the importance of this certification within our industry. It certifies not only that IdentityMind follows best security practices to protect cardholder data, but more importantly our commitment to our customers, partners and the community as a whole." said Mr Gafke, IdentityMind's President and CEO.
IdentityMind's PCI Level 1 certification was completed by a PCI SSC qualified Quality Security Assessor (QSA) covering all aspects of accepting, storing and transmitting cardholder information.
"It worth pointing out that our platform only receives and stores cryptographic representations of credit card accounts and never the actual number. This representation is stored further encrypted inside our databases. In other words it is virtually impossible to extract card holder data from our platform." said Mr Kolkowitz, IdentityMind's co-founder and CTO.
IdentityMind™ is an Evolutionary Anti Fraud and Risk Management Platform protecting online merchants, Payment Service Providers (PSPs) and Financial Institutions. IdentityMind™ tracks Internet identities based on its patent-pending Electronic DNA (eDNA™) technology. The observed eDNA™ is compared to assess the validity of the identity and its ownership of the payment information being used in a payment transaction. Identities' eDNA™ is matched across payment instruments, devices, geo locations, etc. For more information visit www [dot] identitymind [dot] com or email pr [at] identitymind [dot] com.
© 2012 IdentityMind. All rights reserved. IdentityMind, IdentityMind Platform, IdentityMind eDNA, and the IdentityMind logo are trademarks or registered trademarks of IdentityMind, Inc in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.
Media Contacts: IdentityMind Email: pr(at)identitymind(dot)com