Retail Security Services PCI-DSS
Recent cyber attacks indicate that retailers have become a coveted target for cyber criminals, hackers, and others. These small, highly skilled groups of actors are exacting disproportionate damage by exploiting weaknesses that are byproducts of business growth and technology innovation. While organizations have begun to focus attention and resources on combatting cyber risk, the issue is not going away. In fact, all evidence points to a problem that is growing ever-more challenging, as it shape-shifts to elude those that attempt to address it.
Having strategically harnessed technology to produce digital businesses, many companies are now creating the adaptable, scalable, and interconnected platform for an ecosystem-based digital economy. The speed at which newer technologies are being adopted by FIs significantly add to the security and compliance risks that need to be managed.
Unfortunately, the fast changes in the digital economy have also introduced intimidating risks. The financial services industry is under attack by numerous significant cybercriminal threats. In many cases where certain systems were breached, the method of compromise was attributed to simple configuration errors or missed patches that, in turn, gave rise to a critical vulnerability. Given the constant competitive pressure and the current economic strain to operate more efficiently, due care to address security risks is more challenging than ever.
The issue for retailers lies in balancing internal IT systems that store confidential data and customer information, with the need for their online environment to be a customer service enabler. A retailer’s internal data world must never meet that of the customer and it would put them at risk of compromising their data security and reputation.
Cyber Risk is a Business Issue
Assessing the state and security posture protecting Retail Services products and services has never been more important. Architecting required preventive controls is essential and implementing detective controls and processes are just as crucial.
In lieu of allocating resources to implement appropriate preventative controls, penetration testing is one alternative detective control that can expose areas of risk created when accelerated application development and overburdened system administrators inadvertently create vulnerabilities. Penetration Testing is also a fundamental security requirement for the Payment Card Industry Data Security Standard (PCI DSS).
Orenda Security is uniquely positioned to assist the Retail industry. Our assessment and penetration testing services are designed to help you meet PCI compliance and standards requirements, but more importantly, to help you identify critical vulnerabilities that could lead to a significant data breach. Our security consultants are well versed in the Retail industry, and are strongly acquainted with the security challenges experienced by Retail clients and service providers. When it comes to our personal approach to delivering expert security services while establishing a strong partnership with our clients, we are unmatched in the industry.
As your trusted security advisors, we specialize in more than just identifying security risks. We help you understand how the security risks identified apply to your business products and services. Our reporting is also customized to help your technical staff quickly remediate issues and provide you with an executive summary serving C-level and board members. Client-facing summaries are also provided for assurance to your clients of security testing performed. Onsite presentations to your executive team to present findings and articulate business risk is a unique value-add in our delivery.
Whether needing to comply with PCI security testing requirements, security standards, or deploying a new product or service for your clients in our evolving digital economy, Orenda Security can help you obtain the continued security assurance you need now, and times to come.
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