NIS directive & GDPR: Regulations that will have a global impact
Blog, Uncategorized

NIS directive & GDPR: Regulations that will have a global impact

By Natasja Bolton, Senior Acquirer Support QSA With the increase of malware and other malicious cyber security attacks that have had a global impact in the last few years, governments around the world have been trying to implement concrete safeguards through regulation. The goal of these regulations being to not only protect valuable infrastructure services […]

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Is China leading the way forward with Mobile Payments?
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Is China leading the way forward with Mobile Payments?

Significant progress has been made in the US and European markets in terms of mobile payments, which we explored in our previous article, Mobile Payments – Have they met expectations? In that article Natasja Bolton examined whether mobile payments had been gaining acceptance in the market place with consumers and businesses alike. She established that […]

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Blog, News

Sysnet Global Solutions appoints Jeremy Coram as SVP Business Development, North America

July 24th, 2017. Sysnet Global Solutions a leading provider of cyber security and compliance solutions to the payments industry, today announced that it has appointed Jeremy Coram as SVP Business Development, North America. Jeremy will be responsible for identifying and strategically assessing mutually beneficial opportunities within the cyber security space, for Sysnet and its current […]

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What you need to know about Point-to-Point Encryption 
Blog, Fact Sheets, Uncategorized

What you need to know about Point-to-Point Encryption (P2PE)

Many businesses are often unaware that ensuring their payment terminals are part of a Point-to-Point Encryption (P2PE) Solution can carry considerable benefits when it comes to simplifying their PCI DSS compliance. As we discovered here at Sysnet, the reason why many businesses are not aware of P2PE and its benefits is that they often find […]

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FDUS - Associates, FDUS - Managers

How PCI DSS helps with information security policies

Defining, documenting and publishing clear guidelines on how data is managed is one of the most important steps in addressing risk of any business. Though the Payment Card Industry Data Security Standard (PCI DSS) can seem confusing, one of the main benefits is that it will protect payment card data, which is not only essential […]

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FDUS - Associates, FDUS - Managers

Protecting card reading devices

Businesses that accept payment cards for goods or services are often targeted by criminals who will attempt to tamper or substitute their card reading device. Regular inspection of payment card terminals and PIN entry devices is one of the most effective ways that businesses can ensure that their devices are secure from tampering and substitution. […]

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PCI DSS v3.2 RoC Template – What’s changed?
FDUS - Associates

Why security awareness matters

Recent reports have shown that, despite the increase of high-profile cyber-attacks and data breaches, such as the Sony cyber-attack and eBay data breach, many small and medium sized businesses (SMBs) don’t believe they are at risk. Unfortunately this is not the case and in fact by having weak or insufficient security measures, many business are exposing themselves to […]

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Creating a successful Merchant PCI DSS Compliance Management Program
FDUS - Associates, FDUS - Managers

Good security practices for the retail industry

When a data breach is reported in the media, more often than not it’s the well-known large companies that make the headlines. In reality cybercriminals are more successful in attacking smaller businesses. The reason for this is that smaller businesses often have fewer resources and as a result are less likely to have the latest […]

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Ransomware – Steps that organisations and businesses need to take
FDUS - Associates, FDUS - Managers

What is information security?

Information security, otherwise known as infosec, is a series of strategies to manage and prevent the unauthorised access as well as the use, of physical and digital information. This also includes any modification, destruction or disruption to information.   Common threats to information security are identity theft, theft of intellectual property, theft or sabotage of […]

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Data breach: Prepare your Business
FDUS - Associates, FDUS - Managers, Uncategorized

What is sensitive information?

Sensitive information is data that is required to be protected from being accessed by unauthorised parties. This is done as to safeguard the security and the privacy of an individual or organisation. The three main types of sensitive information that exist are: personal information, business information and classified information.   Personal Information Personal information is […]

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FDUS - Managers

Securing your ecommerce website against attacks

With regular reports of cybercriminals stealing credit card data and other sensitive information it’s essential to protect your ecommerce website. A breach will not only cost a business in major fines but it will also affect customer trust. Therefore it’s imperative to know how to protect your ebusiness and your customer data. The following are a few […]

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Blog, Uncategorized

Growth in payment card transactions makes PCI DSS compliance more important than ever

by Natasja Bolton, Senior Acquirer Support QSA The UK Cards Association’s 2017 report on UK Card Payments, released on 19th June 2017, reported a doubling of debit and credit card purchases in the last 10 years.  The volume of card transactions reached 16.4 billion in 2016, an increase of 146% from 2006, even though the […]

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Payments using biometrics, are financial organisations ready?
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Payments using biometrics, are financial organisations ready?

Biometrics has largely been hailed as the future of consumer identification, authentication, and confirmation of transactions. Though in South Africa, Mastercard has been trialling a chip and PIN bankcard that includes a fingerprint reader, to date the technology has largely not appeared in Point of Sale (POS) devices or in more traditional payment areas.   […]

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Identity theft – why criminals want more than just payment data
Blog, Cyber Risk, Uncategorized

Identity theft – why criminals want more than just payment data

Increasingly, over the last few years, criminals are specifically looking to gain access to consumers’ identity data and not just their payment data. The main reason for this is that with consumer identity data there are few limits to the fraudulent purposes the data can be used for, which makes it much more desirable.   […]

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Keep your business safe from social engineering
Blog, FDUS - Managers, Uncategorized

Keep your business safe from social engineering

Social engineering, the act of psychologically manipulating a person to divulge confidential information or to carry out actions is becoming more common place.   Recently Indian police raided call centres and made arrests in which a large scale scam took place where the employees impersonated US Internal Revenue Service and other federal officials, demanding payments […]

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Legacy systems and data – putting businesses compliance at risk?
Blog, Cyber Risk, Uncategorized

Legacy systems and data – putting businesses compliance at risk?

by Natasja Bolton, Senior Acquirer Support QSA   At the release of the PCI Scoping Guidance back in December 2016, the PCI Council highlighted the fact that “data breach investigation reports continue to find that companies suffering compromises were unaware that cardholder data was present on their compromised systems”.   Why is that?  Well, often […]

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Elavon partners with Sysnet to provide their EU customers with Secured Pro
News, Uncategorized

Elavon partners with Sysnet to provide their EU customers with Secured Pro

May 17th 2017. Today, Sysnet Global Solutions a leading provider of cyber security and compliance solutions to the payments industry, announced that it has partnered with Elavon Merchant Services to develop Secured Pro; a managed PCI compliance validation and cyber security service that offers enhanced protection against fraud and payment security breaches.   “A new […]

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Ransomware – Steps that organisations and businesses need to take
Blog, Cyber Risk, Uncategorized

Ransomware – Steps that organisations and businesses need to take

The recent global ransomware attack, referred to as ‘WannaCry’, that resulted in over 45,000 attacks and infected major companies, hospitals and other government institutions, unfortunately caught many off guard.   WannaCry targeted computers running Windows operating systems that had not been updated with a security update released by Microsoft in March 2017, as well as […]

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Hospitality Sector Under fire: Security incident targeting Sabre’s SynXis hotel reservation system 
Cyber Risk, Uncategorized

Hospitality Sector Under fire: Security incident targeting Sabre’s SynXis hotel reservation system 

By Peter Burgess, PCI-QSA, CISSP, CISM (Ret), CIPT US based travel industry company Sabre Hospitality Solutions, which provides SaaS (Software as a Service) to more than 36,000 properties, has alerted hotels that a hacker has apparently breached its SynXis Central Reservations application SynXis Enterprise Platform and may have stolen payment card data and customer personal […]

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Face-to-face payments: Mobile vs Plastic
Blog

Face-to-face payments: Mobile vs Plastic

By Paul Prior, Senior Vice President Client Engagement As recently reported (BBC, CNBC), Mastercard have just released a payment card with an in-built fingerprint sensor.  There is no question that the introduction of EMV has had a significant impact on driving down card-present fraud and while fingerprint scanners are not foolproof this type of biometric authentication […]

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Business & Finance, CIO 100 acknowledges Sysnet’s Patrick Condren, Chief Information Officer
News

Business & Finance, CIO 100 acknowledges Sysnet’s Patrick Condren, Chief Information Officer

April 27th, 2017, Dublin, Ireland. Patrick Condren, Chief Information Officer at Sysnet Global Solutions was recently acknowledged in publication Business & Finance as part of the magazines CIO 100 edition. The CIO 100 recognises the top 100 chief information officers who are the key contributors to formulating organisational goals.   As mentioned in the article, […]

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ASV external vulnerability scans explained
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ASV external vulnerability scans explained

Requirement 11.2.2 of the Payment Card Industry Data Security Standard, otherwise known as the ASV scanning requirement, affects a significant number of businesses. These businesses need to engage an Approved Scanning Vendor (ASV to run external vulnerability scans quarterly.   It can be difficult for these companies to understand what ASV external vulnerability scanning is, […]

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Mobile Payments - Have they met consumer expectations?
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Mobile Payments – Have they met expectations?

By Natasja Bolton, Senior Acquirer Support QSA Mobile Payments, a broad term covering consumer and merchant-initiated mobile payment methods, have been gaining acceptance in the market place; however, have these methods achieved broad acceptance with consumers and businesses alike?   In our article ‘State of Pay – have mobile payments reached a turning point?’ we […]

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Cyber crime - Protecting your business
Blog, FDUS - Associates, FDUS - Managers, Videos

Cyber crime – Protecting your business

Online commerce has created incredible new opportunities for businesses to market and sell services globally. Many businesses, in particular small to medium ones, often do not consider that they could be targeted by cyber crime. The reality, unfortunately is that small to medium businesses are now very much being targeted by cyber criminals as many are […]

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Sysnet launches its Combined Assessment Model (CAM) at PCI MEA Forum in Cape Town
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Sysnet launches its Combined Assessment Model (CAM) at PCI MEA Forum in Cape Town

March 29th, 2017, Dublin, Ireland / Cape Town, South Africa. Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today launched its Combined Assessment Model at the PCI Security Standards Council’s Middle East and Africa Forum in Cape Town, South Africa. Sysnet’s Combined Assessment Model (CAM) is a single assessment model that covers […]

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US Customer Contact Centre launch a great success
News, Uncategorized

US Customer Contact Centre launch a great success

On March 9th 2017, we officially launched our new US Customer Contact Centre in Atlanta, Georgia. Both Commissioner Pat Wilson of the Georgia Department of Economic Development and Gabriel Moynagh, CEO at Sysnet cut the ribbon to officially launch the opening of the new centre. The launch proved to be a great success and was attended […]

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What is E2EE and P2PE?
Blog, Uncategorized, Whitepapers

What is E2EE and P2PE encryption?

End-to-End Encryption (E2EE) and Point-To-Point Encryption (P2PE), are the two main ways that payment card data is protected when a transaction is made at a Point-of-Sale (POS) terminal. Both encryption methods have their pros and cons, however what those differences are and understanding the impact on a business of choosing one over the other can […]

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Sysnet officially opens Atlanta based Customer Contact Center
News

Sysnet officially opens Atlanta based Customer Contact Centre

March 9th, 2017, Dublin, Ireland / Atlanta, Georgia. Today, Commissioner Pat Wilson of the Georgia Department of Economic Development officially opened Sysnet’s new customer contact centre located at 1001 Perimeter Summit Boulevard. Sysnet Global Solutions is a leading provider of cyber security and compliance solutions to the payments industry.   The new centre will provide services […]

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