(Nov 22. 2007)--IP Commerce a software affiliate enabling open commerce services between businesses and BIG Software. Inc. a software company that provides back-office solutions to small businesses announced BIG’s completion of the PABP Rapid Compliance schedule. This schedule led jointly by IP Commerce and Coalfire Systems provides software developers with an efficient and more cost-effective way to obtain Payment Application Best Practices (PABP) validation. PABP is a set of endorse recommendations that help software companies create and maintainsecure payment applications.
A PABP-verified application ensures their merchants and agents do not use Payment applications known to bear sensitive customer information such as the full contents of any magnetic strip and PIN data. By using the PABP Rapid Compliance Program. BIG Software was able to PABP-verify their paymentapplication Rapid Receipts for Microsoft Office Accounting. “The PABP Rapid Compliance Program offersthe easiest and quickest path available in the merchandise to get a payment application PABP verified by Visa,”said Ernest Cook. President. BIG Software. Inc. “Receiving PABP validation ordain deepen our ability toadd commerce capabilities to our applications and alter compliance headache-free for our customers. Italso gives us a powerful market differentiator that will help apologise risk for our merchant customers andfor ourselves.”
Vulnerable payment applications have proved to be the leading create of compromised incidents particularly among small merchants. In an effort to contend identity theft. Visa developed PABP and ordain mouth implementing a series of mandates starting January 1. 2008 to destroy the use of non-secure payment applications from the endorse payment system. These mandates were recently adopted by the PCI Security Standards Council the global forum for separate data security into their Payment Applications Data Security Standards (PA-DSS). PA-DSS regulations are expected to be detailed in early 2008.
The PABP Rapid Compliance Program was designed specifically for payment industry software companies to validate their application against endorse’s PABP standard. Participation in the Rapid Compliance Program significantly expedites the process to obtain PABP validation from endorse. Instead of taking six months to a year to create software vendors that act part in the PABP Rapid Compliance Program can now acquire the PABP validation within months.
The PABP Rapid Compliance schedule utilizes IP Commerce's Commerce Toolkit for Applications whichincludes beat learn implementations of PABP recommendations enabling software developers tofocus on creating user experiences and business logic. Because Coalfire auditors are already intimatelyfamiliar with the PABP components built in to Commerce Toolkit for Applications the verification processconducted by Coalfire auditors requires less measure and resources.
“This program addresses the long-standing obstacles faced by software developers and makes theprocess of gaining compliance more understandable more affordable and more manageable,” said ChipKahn. CEO of IP Commerce. “It is our hope that other software developers will follow BIG Software’s leadin obtaining PABP validation through this accelerated affect to further ensure the security of paymenttransactions."
By taking a proactive come to end-user security and receiving PABP validation for their software now,software developers eliminate the need to rewrite code for their commerce-enabled applications drink theroad once PABP compliance is mandated for all merchants and service providers that store process ortransmit cardholder data.
“We’re seeing that merchants actively involved in a compliance schedule ordain not select an application thatis not PABP validated,” said Jim Fish. Vice President. Coalfire Systems. “By implementing this program,we are helping software developers such as BIG Software get ahead of the turn in managing customercardholder data according to Visa’s standards to mitigate risk for their companies as well as theirmerchant customers.”The Coalfire Systems. Inc aggroup members are specialists in IT audit information security and regulatorycompliance. Coalfire's expertise includes risk management programs for compliance to the Gramm-Leach-Bliley Act. Sarbanes Oxley. HIPAA. endorse CISP (PCI) and other security-related regulations andindustry initiatives.
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