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SafeNetís Luna EFT Hardware Security Module Achieves PCI HSM Compliance - Retail and financial service institutions can leverage Luna EFT HSMs to ensure security and compliance during payment card transactions - SafeNet-Inc.com
SafeNetís Luna EFT Hardware Security Module Achieves PCI HSM Compliance

 

NewswireToday - /newswire/ - Baltimore, MD, United States, 2012/05/24 - Retail and financial service institutions can leverage Luna EFT HSMs to ensure security and compliance during payment card transactions - SafeNet-Inc.com. Euronext NL0000400653 GTO

   
 
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SafeNet, Inc., a global leader in data protection, today announced that its Luna EFT Hardware Security Module (HSM) has achieved PCI HSM compliance. SafeNet received this certification in advance of the compliance mandate being issued by the Payment Card Industry Security Standards Council (PCI SSC), which requires all financial and retail organizations to meet Level 1-12 certification standards set by the PCI.

Luna EFT is a high-performance, tamper-resistant solution that protects cryptographic keys and other sensitive information, such as customer PINs and cardholder data. By achieving PCI compliance, SafeNetís Luna EFT HSMs can not only assist them in meeting the basic compliance requirements but also leverage the technology to secure other key assets of their business.

The SafeNet Luna EFT HSM has received PCI HSM compliance certification from the Payment Card Industry Security Standards Council (PCI SSC). Luna EFT has also achieved FIPS 140-2 Level 3 certification.

SafeNet is a pioneer in HSM technology, and has been delivering secure HSMs to the market since 1994 and has over 25 years experience in securing Electronic Funds Transfer (EFT) payment systems.

The PCI SSC is the governing body established by the major card companies (American Express, Discover, JCB, MasterCard, and Visa) to improve the protection of cardholder information across the global payments network and at merchant facilities.

SafeNet Executive Comment:
ďPCI compliance is the most prescriptive security regulation currently being enforced, but even it doesnít go far enough Ė yet. We applaud the PCI SSC for its progressive stance on payment industry regulations and call on them to quickly enact the regulation requiring the use of PCI-compliant HSMs immediately. This is the most secure way to protect data, and the technology is available and certified compliant today.Ē

ďFor years, both financial service and retail companies have been at the forefront of security, largely due to the compliance mandates by organizations such as PCI SSC. SafeNetís Luna EFT HSMs have been trusted by the worldís largest financial services companies due to their scalability, flexibility, and proven track record of securing high-volume transactions across complex global environments. Achieving this next level of certification underscores SafeNetís philosophy that simple compliance in todayís environment is no longer sufficient. Our data protection portfolio helps companies achieve and go beyond compliance, and attach layers of security to what matters the mostóthe dataówhether it is in a physical, virtual, or cloud environment.Ē --Tsion Gonen, chief strategy and marketing officer at SafeNet.

Key Benefits for Customers:
SafeNetís Luna EFT is an advanced, user-friendly, and secure HSM. The network-attached HSM offers secure PIN and card processing, message authentication, comprehensive key management, and general-purpose cryptographic processing. With a highly intuitive interface, flexible key management (including support for HSM-stored and host-stored keys, or a mix of both), and in-field upgradability, Luna EFT provides deployment flexibility at a lower total cost of ownership, and with ease-of-upgrade migration.

About SafeNet, Inc.
Founded in 1983, SafeNet, Inc. (safenet-inc.com) is one of the largest information security companies in the world, and is trusted to protect the most sensitive data for market-leading organizations around the globe. SafeNetís data-centric approach focuses on the protection of high value information throughout its lifecycle, from the data center to the cloud. More than 25,000 customers across commercial enterprises and government agencies trust SafeNet to protect and control access to sensitive data, manage risk, ensure compliance, and secure virtual and cloud environments.

 
 
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SafeNetís Luna EFT Hardware Security Module Achieves PCI HSM Compliance

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SafeNet, Inc. |
Publisher Contact: Press Office - SafeNet-Inc.com 
410-931-7500 investor[.]safenet-inc.com
 
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