Global Payments demonstrates compliance with new PCI standard

Coalfire, a cybersecurity firm accredited by the Payment Card Industry Security Standards Council (PCI SSC) to perform assessment certifications within the new Software Security Framework's (SSF) Secure Software Lifecycle (SSF/SSLC) standard, has announced the completion of what it describes as the industry's first qualified assessment for the new standard.

Coalfire helps private and public sector organizations avert threats, close gaps, and manage risk.

The PCI compliance assessment was done for Coalfire's client, Global Payments, a global provider of payment technology and software solutions.  

The PCI SSC is a global forum that leads cross-industry efforts to increase payment security by providing standards and programs that help businesses detect, mitigate, and prevent cyberattacks and breaches. PCI SSC maintains programs for security companies seeking to be certified as Payment Application Qualified Security Assessors (PA-QSAs).

The Coalfire assessment validates the new PCI compliance standard that is set to replace the sunsetting Payment Application Data Security Standard (PA-DSS) in October 2022, and begins the transition toward software security resiliency to protect payment data across all transaction platforms.

"As one of the world's largest payment processors, Global Payments now leads the rapid adoption of next-generation PCI cyber standards with this milestone," said Nick Trenc, SSF practice leader at Coalfire. "The first SSF/SSLC assessment marks the beginning of a new era in payment data protection and the chance for early-adopter merchants and developers to stay ahead of the competition."

The assessment was conducted remotely in line with PCI SSC's guidance due to the COVID-19 pandemic.

"These new processes represent the future of secure commerce," said Trenc. "We're honored to work with the PCI Council and industry leaders like Global Payments and we share their dedication to setting new standards in defending against cybercrime."

For more information, go to www.globalpaymentsinc.com, www.coalfire.com, and www.pcisecuritystandards.org.