Mon 16th July 2012
SYSNET SIGNS WITH PHOENIX MANAGED NETWORKS FOR CLOUD-MANAGED MERCHANT FIREWALL SERVICE Phoenix Managed Networks today announces an international partnership to supply its cloud-managed firewall service to Sysnet Global Solutions, a provider of compliance validation and merchant intelligence solutions with particular focus on PCI solutions.
Sysnet offers a range of services, including its proprietary web based solution SysnetAIRTM to acquirers, ISOs, international banks, payment service providers and merchants in over 35 countries worldwide. This strategic deal will allow Sysnet to offer Phoenix’s cloud-managed firewall service as a private-labelled PCI compliant solution to its payment processing clients and their merchants globally.
Alan Stephenson-Brown, Phoenix’s UK Managing Director said: “The payment security market has recognised that our security service is the superior technology for protecting cardholder data at the merchant location. Phoenix solves many of the complicated technical and networking issues of PCI compliance, especially for smaller merchants who may have little or no IT experience. By offering cloud-managed firewall services, Sysnet and its payment processing clients are on the forefront of the industry’s efforts to help merchants meet the security standards established by the PCI Council efficiently and effectively.”
Phoenix’s managed firewall service has been developed to help merchants easily achieve and maintain compliance with PCI data security standards. It starts at merchant locations, where the Phoenix appliance locks down payment networks to PCI DSS criteria and provides a primary connection to the Internet. Each appliance provides on-site network security, while the central management system is used to configure and apply continuous compliance monitoring tools and safeguards.
Alan Stephenson-Brown added: “Data breaches and payment security problems are on the rise at level 3 and 4 merchant locations, and they need to be tackled head on. Merchants need to realize that connecting payment systems to the Internet brings a new level of security risk. Phoenix offers a quick, plug and play payments security solution and provides a versatile and fully secure retail network environment so that merchants can take advantage of Internet economics without financial peril.”
The adaptable software of Phoenix’s cloud-based management system will be integrated into Sysnet’s compliance management portal, ComplianceMakerTM, and customised to aid Sysnet clients with required Self-Assessment Questionnaires (SAQ) by automatically answering most of the technical questions associated with site security.
Paul Prior, Chief Product Officer at Sysnet Global Solutions, commented: “The simplicity of the Phoenix solution appealed to us immediately, and has already been well received by several of our major card processing clients. Our business is to ensure that payments are secure and that security is simplified for the merchant. We are delighted to be able offer such forward thinking technology, and to partner with Phoenix Managed Networks to bring this kind of industry innovation to the global marketplace.”