Lockpath helps companies comply with PCI DSS 3.0
GRC leader provides new software solution to address payment card data security requirements
Published on September 9, 2014
OVERLAND PARK, KANSAS — Lockpath, a leader in innovative governance, risk, compliance (GRC) and information security (InfoSec) solutions announced today the release of the Keylight™ PCI DSS Compliance Solution. The solution provides organizations with the tools needed to prepare for and demonstrate compliance with Payment Card Industry Data Security Standards (PCI DSS) version 3.0. It is available for both on-premise and cloud delivery and is available for immediate purchase.
PCI DSS was developed by the Payment Card Industry Security Standards Council to encourage and enhance cardholder data security and to facilitate the broad adoption of consistent data security measures globally. In November, 2013, the Council announced a revision of the security standards, version 3.0, and organizations have until December 31, 2014 to upgrade security measures to meet version 3.0 standards. Lockpath’s PCI DSS Compliance Solution facilitates a smooth transition by providing the necessary framework guidance and tools to integrate PCI security measures into existing business processes.
“The scope and frequency of credit card breaches are increasing exponentially. If an organization is hit with a breach, it can be detrimental to both its reputation and bottom line,” said Neil Butchart, Vice President of Global Sales at Lockpath. “The PCI SSC recognizes the need for information security and enforces the PCI security standards as a way to protect cardholder data while establishing preventative measures against potential breaches. Our Solution is designed with these needs in mind and gives organizations the ability to interconnect compliance initiatives and business processes. This allows them to treat PCI compliance as business-as-usual.”
Built on Lockpath’s patent-pending Dynamic Content Framework (DCF), the Solution provides organizations with the necessary infrastructure to build and manage a PCI DSS 3.0-specific compliance framework. Included in the Solution is a scalable authority document library which contains all PCI 3.0 requirements. These requirements can be mapped to the organization’s policies and procedures to ensure all requirements are being met. The Solution also includes functionality to develop and maintain policies and procedures, identify and remediate asset vulnerabilities, and log and investigate payment card related incidents.
Lockpath will be exhibiting at the 2014 PCI Community Meeting September 9-11 in Orlando, Fla. Attendees can view a live demo of the Keylight PCI DSS Compliance Solution at booth 110.
Lockpath is a market leader in corporate governance, risk management, regulatory compliance (GRC) and information security (InfoSec) software. The company’s flexible, scalable and fully integrated suite of applications is used by organizations to automate business processes, reduce enterprise risk and demonstrate regulatory compliance to achieve audit-ready status. Lockpath serves a client base of global organizations ranging from small and midsize companies to Fortune 10 enterprises in more than 15 industries. The company is headquartered in Overland Park, Kansas.