“In an era of increasingly sophisticated attacks on systems, PCI Security Standards and resources help organizations secure payment data and prevent, detect and mitigate attacks that can lead to costly data breaches,” said Mauro Lance, Chief Operating Officer of the PCI Security Standards Council. “By joining as a Participating Organization, Trustonic demonstrates they are playing an active part in improving payment security globally by helping drive awareness and adoption of PCI Security Standards.”
“Standards are the foundations for cyber resilience and the delivery of simpler, richer and more secure payment services,” said Ben Cade, CEO of Trustonic. “Our technology has always been built on open standards, making it easier for financial services providers, developers and merchants to protect payment apps, data and IP from hackers and malware.
“Using smartphones as contactless mPOS terminals is one of the most exciting and disruptive trends in the payment technology space, but it presents new security challenges that can only be adequately resolved with a Trusted User Interface (TUI) secured by a hardware-based Trusted Execution Environment. As leaders in mobile app protection, we are perfectly placed to support our partner banks and fintechs with insight into challenges like this and how PCI standards are working to address them.”