Venda(R) Becomes the First Global eCommerce Provider Awarded Enterprise Wide Top Security Standard



    NEW YORK and LONDON, Feb. 14 /CNW/ - Venda, a global leader in eCommerce
solutions, today demonstrated its continuing commitment to the highest levels
of data security for both its retail partners and their customers alike by
announcing that it has been awarded the highest level Tier 1 Certification for
compliance with the Payment Card Industry Data Security Standard (PCI-DSS).
    Venda is the first global eCommerce provider to achieve enterprise-wide
certification, as many other solution providers have only PCI-certified
certain areas of their offerings or had to integrate third party applications,
unlike Venda who chose to have its entire platform and operation audited to
ensure that every single feature, function and operational element of their
service was PCI Certified. It represents the culmination of a significant
two-year investment program and a rigorous audit by a Visa appointed third
party, Security Metrics Inc, of Venda's platform, security systems,
organization, and data center facilities.
    James Cronin, Group CIO at Venda said, "Providing a secure infrastructure
capable of operating 24x7x365 at high scale is no simple task. Our PCI-DSS
compliance program has taken significant and sustained investment and
maintaining our top level of certification will take no less. I'm delighted
that our expert team's work in this area and our market leading infrastructure
has been recognized by the award of this global standard. I would also like to
thank our independent auditor, Security Metrics, who performed the stringent
audit required."
    "The increased press coverage that almost weekly data security breaches
are receiving makes it crystal clear that to be 100% secure, you need to
address 100% of your enterprise. Consumers are acutely aware of the need for
security online and that it now goes much further than just an SSL padlock on
your checkout. I hope that our competitors follow our lead and show that they
take security as seriously as we do by submitting their full platforms to a
tier 1 PCI-DSS compliance audit too."
    Mr. Wenlock Free, Vice President of Security Metrics said, "We are
pleased to provide PCI audit services and certification to Venda. They were
well-prepared during the audit and careful in their process. The key to
success in working with Venda was that we were able to complete the
certification in half the time as similar organizations because they had
invested heavily in the groundwork needed for the complex audit process. The
advantage the eCommerce industry has with resulting certification is that all
the retailers on their platform are now PCI-DSS certified. As worldwide
merchants work diligently to achieve PCI compliance, businesses can have
confidence in the services offered by Venda."

    About Venda

    Venda delivers on-demand eCommerce to some of the world's leading
retailers and manufacturers, including DeBeers, Xerox, Crabtree & Evelyn,
Hamleys, Panasonic, Pokemon, The Body Shop, and Urban Outfitters.
    The Company's complete eCommerce platform combines flexibility,
reliability and scalability with the operating advantages of an outsourced
service. Multi-lingual and multi-currency capable, Venda's solutions provide
"best of the web" capabilities to mid-tier and Fortune 1000 companies, giving
them a complete service and support infrastructure on which to grow their
business.
    Venda allows customers to reduce the risk, complexity and cost associated
with eCommerce, while empowering business users and delivering unprecedented
ROI. With offices in New York, London and Bangkok, the Company is managed by a
team of eCommerce veterans with more than 200 years of experience in online
businesses. http://www.venda.com

    About PCI-DSS

    The Payment Card Industry Data Security Standard (PCI-DSS) is global
multi-faceted security standard established by Visa, Mastercard and American
Express that includes requirements for security management, policies,
procedures, network architecture, software design and other critical
protective measures for the security of highly sensitive customer data.

    https://www.pcisecuritystandards.org/tech/index.htm





For further information:

For further information: Press Contacts: VENDA, New York, Doug Topken,
360 Madison Avenue, New York, NY 10017, (212) 808-4004, dtopken@venda.com;
VENDA, Europe, Andy Houstoun, 101 St. Martins Lane, London, WC2N 4AZ,
+44(0)20-7070-7000, ahoustoun@venda.com

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