DataCash Selects Solution from eIQnetworks to Assist with PCI Compliance
eIQnetworks SecureVue Goes Beyond Traditional SIEM and Log Management By Correlating Data from the broadest Range of Data Sources to achieve PCI Compliance
ACTON, Mass.—November 30, 2009—eIQnetworks®, Inc., (www.eiqnetworks.com),
today announced that DataCash Group, a payment processing solutions provider,
has selected and deployed eIQnetworks SecureVue security and compliance
management solution. DataCash chose SecureVue following a competitive review and
based on the product’s proven ability to best assist with PCI compliance by
going well beyond traditional security information and event management (SIEM)
solutions by monitoring, correlating and reporting on data from the broadest
range of data sources.
In 2008 the DataCash Group efficiently processed over 175 million transactions
to a value of £16 billion, for over 1000 Merchants from sectors including
Retail, Travel, eCommerce, Gaming, Finance, Utilities and Government. As part of
its customer commitment, DataCash regularly evaluates its deployed technology to
best ensure compliance with PCI-DSS.
DataCash selected SecureVue to address their “swivel chair” problem, whereby
company personnel manually compared information from multiple systems monitoring
various security indicators to prove compliance with PCI rules. Going beyond
traditional SIEM and log management products, SecureVue correlates data from the
broadest range of data sources in the industry including log and event,
configuration, asset, network flow, vulnerability, performance, availability and
other security-relevant data from network devices, security devices, servers,
applications, and databases.
“eIQnetworks’ understanding of PCI requirements is sound. We were able to deploy
SecureVue rapidly, and immediately received reports related to the PCI rules and
regulations ready for our audit,” said Neels Pretorius, Head of Operations at
DataCash. “We were able to enhance our own methods for PCI compliance by relying
on a single tool to monitor our internal operational controls and to take care
of log management. The added efficiencies mean our people can focus on
delivering even better payment processing solutions to our customers.”
“When you correlate information from more data sources, the security picture one
receives is more accurate and false positives are reduced,” said Jon Davies,
Region Director - EMEA at eIQnetworks. “The experience at DataCash is not
uncommon for eIQnetworks customers. There is a significant need to manage large
volumes of log data from a variety of data sources for PCI, HIPAA and ISO
regulations, but what is often overlooked is the need to also track
Configuration, Asset and other data types from those sources.”
About DataCash
DataCash Group PLC (AIM: DATA), a market leading provider of International
payment processing solutions, provides merchants with a single interface that
allows them to process secure payments, both on and offline, globally.
DataCash also provides a range of value added services with its fraud and Risk
Management solutions supporting AVS/CV2, 3-D Secure (Verified by Visa and
MasterCard Secure Code) together wit traditional rules-based screening.
DataCash provides first-class service reliability at a fraction of the price of
an in-house solution, servicing clients within the retail, travel,
telecommunications and (non US) gaming sectors.
eIQnetworks is redefining security and compliance management by proving "log data is not enough"
and fostering collaboration across security, network, data center and audit teams to more quickly isolate the root cause of security issues and ensure compliance mandates are being enforced. Global financial, retail, media, healthcare, manufacturing, and government enterprises rely on eIQnetworks to make sense of formerly disparate data sources to react faster to emerging threats, automate their compliance efforts, and more effectively monitor security policies. Headquartered in Acton, Mass., eIQnetworks is located online at www.eIQnetworks.com
and can be reached at +1 877.564.7787.
