MYOB selects Voltage SecureData to protect customer information and enhance PCI initiatives
March 22, 2010 — Sydney, Australia – Voltage Security, Inc. (www.voltage.com), the global leader in end-to-end data protection, today announced it has been selected by MYOB to enhance their ongoing PCI compliance initiatives in Australia and New Zealand.
After an extensive, formal, competitive review, Voltage SecureData was selected by MYOB because of its ability to further enhance the protection of cardholder data, enabling the reduction in the number of applications from PCI audit scope and resulting in a significant reduction in potential compliance costs.
Voltage SecureData, featuring innovative Format-Preserving Encryption (FPE), was also selected for its streamlined key management and speed of implementation. “Flexibility and simplicity in deployment are critical requirements for organizations looking to comply with PCI requirements,” said Mark Bower, vice president of product management, Voltage Security. “We offer the broadest offering of solutions including end-to-end encryption, tokenization and data masking, along with quick deployment options, and that’s what appealed to MYOB,” continued Bower.
“We are dedicated to constantly improving the way in which we protect the integrity of our client’s information and the selection of Voltage is just another example of our commitment. Voltage SecureData will assist us to lower our compliance costs and is designed for rapid integration into MYOB’s existing infrastructure,” said Simon Raik-Allen, MYOB’s Chief Technology Officer.
Assisting Voltage was SynerGisteX, http://www.synergistex.com.au, a leading system integrator based in Sydney, Australia, with extensive experience in architecting and implementing end-to-end encryption solutions.
To learn more about reducing costs associated with PCI compliance, Voltage Security and the Financial Services Information Sharing and Analysis Center (FS-ISAC) is offering a free web seminar – for more information please Visit http://www.voltage.com/solutions/technology/end-to-end-encryption/100331_reducing_pci_costs.htm.
MYOB is a leading provider of business management solutions to more than 1 million businesses in Australia and New Zealand. MYOB helps all sorts of businesses, whether big or small and delivers software and services that simplify accounting, payroll, client management, websites, and much more. With a network of more than 25,000 accountants and other professional partners, MYOB provides the tools and support that help make business life easier. To learn more about MYOB please visit www.myob.com.au.
About Voltage Security
Voltage Security, Inc., an enterprise security company, is an encryption innovator and global leader in end-to-end data protection. Voltage solutions, based on next generation cryptography, provide end-to-end encryption, tokenization, masking and simplified key management for protecting sensitive information such as card holder data. Voltage products enable reduction in PCI audit cost with rapid implementation and the lowest total cost of ownership in the industry through the use of award-winning cryptographic solutions, including Voltage Identity-Based Encryption (IBE) and a new breakthrough innovation: Format-Preserving Encryption (FPE). Offerings include Voltage SecureMail, Voltage SecureData, Voltage SecureFile and the Voltage Security Network (VSN), an on-demand managed service for the extended business network.
As a service to the industry and general public, the company maintains the Voltage Data Breach Index and Map which is continuously updated with global data breach information: www.voltage.com/data-breach. The Company has been issued several patents based upon breakthrough research in mathematics and cryptographic systems. Customers include Global 1000 companies in banking, retail, insurance, energy, healthcare and government. To learn more about Voltage customers and sign up for the customer news letter please visit www.voltage.com/customers.
Voltage Identity-Based Encryption, Voltage Format-Preserving Encryption, Voltage SecureMail, Voltage SecureFile, Voltage SecureData and the Voltage Security Network (VSN), are registered trademarks of Voltage Security, Inc. All other trademarks are property of their respective owners.