28.03.2005 13:46:00
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TeleCash, a First Data Company, Reinforces Credit Card Data Security w
TeleCash, a First Data Company, Reinforces Credit Card Data Security with Ingrian Networks' DataSecure DataSecure Platforms Provide Optimum Solution for Meeting Client Requirements and Ensuring Consumer Privacy
First Data Corp. (NYSE:FDC), a global leader in electronic commerce and payment services and Ingrian(TM) Networks, Inc. today announced that TeleCash, a First Data company and a leading German payment processor, has selected Ingrian DataSecure(TM) Platforms as an additional layer of security for the privacy and protection of credit card data.
Companies that conduct credit card transactions, or store or manage credit card information, must counter increasingly sophisticated theft attempts in order to ensure the continuing privacy of consumer data. They must also comply with stringent security policies set down by credit card issuers -- like Visa's Account Information Security (AIS) Program and MasterCard's Site Data Protection Program (SDP) -- and adhere to privacy legislation being implemented globally.
To maintain the highest levels of protection for its clients and consumers, TeleCash, a leading electronic payments network operator in Germany, sought a solution for encrypting critical credit card data. After an extensive review, TeleCash selected DataSecure Platforms from Ingrian. With Ingrian, TeleCash adds capabilities for intelligently encrypting and securing critical data in applications and databases, and ensuring that data remains protected from internal and external threats.
"After evaluating the alternatives, we found that Ingrian offered the combination of security, performance, and flexibility we needed," said Ernst Verbeek, vice president, Central Europe, with responsibility for First Data's operations in Germany. "Ingrian's platform combines an appliance-based solution that features centralised policy and key management, with granular encryption capabilities. With Ingrian, we can intelligently and cost-effectively increase protection of critical records like credit card numbers and identification numbers."
"The addition of TeleCash, Germany's leading payment processor, to our list of customers underscores the unique value we deliver in terms of achieving real data privacy," said Robert Steinkrauss, CEO of Ingrian Networks. "Companies around the world are dealing with heightened privacy legislation and increased consumer concern for the privacy of their data. TeleCash's proactive approach clearly shows that they understand the need to safeguard customer data against ever-increasing security threats. Ingrian equips companies like TeleCash with a highly effective way to safeguard their critical data."
About First Data
First Data Corp. (NYSE:FDC), with global headquarters in Denver, helps power the global economy. Serving approximately 4.1 million merchant locations, 1,400 card issuers and millions of consumers, First Data makes it easy, fast and secure for people and businesses around the world to buy goods and services, using virtually any form of payment: credit, debit, smart card, stored-value card or check at the point-of-sale, over the Internet or by money transfer. For more information, please visit the company's Web site at www.firstdata.com.
About TeleCash, a First Data Company
TeleCash is a leading electronic payments network operator in Germany, focused on retail electronic payment systems. With over 190,000 payment terminals installed at German retail POS, TeleCash is one of the country's market leading trade processors. The company also offers mobile terminal solutions and safe internet payment solutions.
TeleCash is part of First Data, a global market leader in electronic payment services, with more than 30 years of pan-European payments processing experience and Europe's leading independent card processor.
About DataSecure Platforms
Ingrian's DataSecure platforms provide an intelligent, cost-effective way to protect critical data from both internal and external threats. As a result, organisations can better ensure that they are compliant with legislative and policy mandates for security, and eliminate the risks of data thefts. Ingrian's breakthrough solution features dedicated hardware appliances and patent-pending cryptography software.
DataSecure offers flexible implementation options so organizations can deploy in a way that makes sense for their business and security needs -- whether at the Web, application, or database level. DataSecure platforms can be efficiently integrated in Windows, Java, Linux, and Unix environments, and they work seamlessly with leading databases -- including IBM DB2, Oracle, and SQL Server. DataSecure encrypts data in databases and applications at the column or field level, and can be used to secure such data as credit card numbers, social security numbers, passwords, account balances, and email addresses.
About Ingrian Networks
Ingrian Networks brings complete data privacy to the enterprise. With Ingrian DataSecure Platforms, organisations can protect critical data from both internal and external threats, and ensure compliance with legislative and policy mandates for security. DataSecure features a dedicated security appliance and specialised software that enables organizations to encrypt critical data in applications and databases. With its capabilities for granular encryption, seamless integration, and centralised security management, DataSecure enables organizations to guard against a range of security threats, with unparalleled ease and cost effectiveness. Ingrian is a privately held company backed by such investors as Globespan Capital Partners (formerly JAFCO Ventures), Prism Venture Partners, HighBAR Ventures, and Partech International. For more information, visit www.ingrian.com.
--30--IK/sf*
Business Editors/High-Tech Writers
REDWOOD CITY, Calif.--(BUSINESS WIRE)--March 28, 2005--
First Data Corp. (NYSE:FDC), a global leader in electronic commerce and payment services and Ingrian(TM) Networks, Inc. today announced that TeleCash, a First Data company and a leading German payment processor, has selected Ingrian DataSecure(TM) Platforms as an additional layer of security for the privacy and protection of credit card data.
Companies that conduct credit card transactions, or store or manage credit card information, must counter increasingly sophisticated theft attempts in order to ensure the continuing privacy of consumer data. They must also comply with stringent security policies set down by credit card issuers -- like Visa's Account Information Security (AIS) Program and MasterCard's Site Data Protection Program (SDP) -- and adhere to privacy legislation being implemented globally.
To maintain the highest levels of protection for its clients and consumers, TeleCash, a leading electronic payments network operator in Germany, sought a solution for encrypting critical credit card data. After an extensive review, TeleCash selected DataSecure Platforms from Ingrian. With Ingrian, TeleCash adds capabilities for intelligently encrypting and securing critical data in applications and databases, and ensuring that data remains protected from internal and external threats.
"After evaluating the alternatives, we found that Ingrian offered the combination of security, performance, and flexibility we needed," said Ernst Verbeek, vice president, Central Europe, with responsibility for First Data's operations in Germany. "Ingrian's platform combines an appliance-based solution that features centralised policy and key management, with granular encryption capabilities. With Ingrian, we can intelligently and cost-effectively increase protection of critical records like credit card numbers and identification numbers."
"The addition of TeleCash, Germany's leading payment processor, to our list of customers underscores the unique value we deliver in terms of achieving real data privacy," said Robert Steinkrauss, CEO of Ingrian Networks. "Companies around the world are dealing with heightened privacy legislation and increased consumer concern for the privacy of their data. TeleCash's proactive approach clearly shows that they understand the need to safeguard customer data against ever-increasing security threats. Ingrian equips companies like TeleCash with a highly effective way to safeguard their critical data."
About First Data
First Data Corp. (NYSE:FDC), with global headquarters in Denver, helps power the global economy. Serving approximately 4.1 million merchant locations, 1,400 card issuers and millions of consumers, First Data makes it easy, fast and secure for people and businesses around the world to buy goods and services, using virtually any form of payment: credit, debit, smart card, stored-value card or check at the point-of-sale, over the Internet or by money transfer. For more information, please visit the company's Web site at www.firstdata.com.
About TeleCash, a First Data Company
TeleCash is a leading electronic payments network operator in Germany, focused on retail electronic payment systems. With over 190,000 payment terminals installed at German retail POS, TeleCash is one of the country's market leading trade processors. The company also offers mobile terminal solutions and safe internet payment solutions.
TeleCash is part of First Data, a global market leader in electronic payment services, with more than 30 years of pan-European payments processing experience and Europe's leading independent card processor.
About DataSecure Platforms
Ingrian's DataSecure platforms provide an intelligent, cost-effective way to protect critical data from both internal and external threats. As a result, organisations can better ensure that they are compliant with legislative and policy mandates for security, and eliminate the risks of data thefts. Ingrian's breakthrough solution features dedicated hardware appliances and patent-pending cryptography software.
DataSecure offers flexible implementation options so organizations can deploy in a way that makes sense for their business and security needs -- whether at the Web, application, or database level. DataSecure platforms can be efficiently integrated in Windows, Java, Linux, and Unix environments, and they work seamlessly with leading databases -- including IBM DB2, Oracle, and SQL Server. DataSecure encrypts data in databases and applications at the column or field level, and can be used to secure such data as credit card numbers, social security numbers, passwords, account balances, and email addresses.
About Ingrian Networks
Ingrian Networks brings complete data privacy to the enterprise. With Ingrian DataSecure Platforms, organisations can protect critical data from both internal and external threats, and ensure compliance with legislative and policy mandates for security. DataSecure features a dedicated security appliance and specialised software that enables organizations to encrypt critical data in applications and databases. With its capabilities for granular encryption, seamless integration, and centralised security management, DataSecure enables organizations to guard against a range of security threats, with unparalleled ease and cost effectiveness. Ingrian is a privately held company backed by such investors as Globespan Capital Partners (formerly JAFCO Ventures), Prism Venture Partners, HighBAR Ventures, and Partech International. For more information, visit www.ingrian.com.
--30--IK/sf*
CONTACT: Ingrian Networks Randy Budde, 650-261-2483 randy@ingrian.com or First Data Corporation Cara Taylor, 303-967-6367 Cara.Taylor@firstdatacorp.com
KEYWORD: COLORADO CALIFORNIA GERMANY INTERNATIONAL EUROPE INDUSTRY KEYWORD: HARDWARE SOFTWARE NETWORKING INTERNET E-COMMERCE MARKETING AGREEMENTS SOURCE: Ingrian Networks, Inc.
Copyright Business Wire 2005
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