Global | Change

Verifone Partners with ArcSight for PCI Compliance Automation

Verifone Recommends ArcSight PCI Protection Suite to its Level 1 and 2 Merchants January 11, 2008 San Jose, CA

Verifone Holdings, Inc. (NYSE: PAY) today announced a worldwide partnership with ArcSight, aimed at enabling merchants in retail and petroleum markets to proactively protect cardholder data against breaches, insider threats, and non-compliance risk across the Payment Card Industry Data Security Standards (PCI DSS) rules and regulations.

As part of the partnership, Verifone’s sales force will join with ArcSight’s to introduce merchants from the Verifone customer base that can directly benefit from the ArcSight PCI Protection Suite.

“PCI compliance is a nightmare-issue for companies struggling to keep up with evolving PCI security requirements, which are difficult and costly to implement, maintain, and monitor across distributed networks,” said Jeff Wakefield, Verifone vice president of marketing, Integrated Systems. “The ArcSight offering directly addresses all 12 PCI DSS mandates and provides a real-time monitoring and early-warning breach detection system, and is a key part of Verifone’s initiative to both educate and assist the industry about payment security compliance.”

“This partnership brings ArcSight’s proven and scalable technology solution to Verifone’s global customer base of Level 1 and 2 merchants that desire to achieve PCI Compliance and protect their brand and customer information,” said Tom Reilly, president and COO of ArcSight. “ArcSight is fortunate to partner with Verifone, a world class organization committed to the success of their customers and partners.”

The ArcSight PCI Protection Suite is a comprehensive, scalable and cost-effective solution for protecting cardholder data and monitoring ongoing PCI compliance. Level 1 and 2 merchants across the retail, transportation, telecommunications, medical, and financial markets have already selected the ArcSight PCI Protection Suite to secure their customers against the growing global threats to cardholder identity and data privacy. Level 1 and Level 2 merchants that are in interested in the solution can contact either their Verifone or ArcSight local representative.

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About ArcSight
ArcSight is a leading provider of security and compliance solutions that intelligently identify and mitigate business risk and deliver a centralized view of enterprise-wide events across heterogeneous infrastructures. This real time and historic view into external attacks, insider threats and regulatory compliance provides enterprises, MSSPs and government agencies with the intelligence and response capabilities required to effectively protect and manage their networks and their businesses. For more information, see ArcSight is a trademark of ArcSight, Inc.

About Verifone Holdings, Inc.
Verifone Holdings, Inc. (“Verifone”) (NYSE: PAY) is the global leader in secure electronic payment solutions. Verifone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. Verifone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.