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Cards Prepaid Ltd Achieves PCI DSS Level 2 Compliance with SafeNet Luna SA - SafeNet Hardware Security Module (HSM) secures prepaid payment card transactions for European Start-Up
Cards Prepaid Ltd Achieves PCI DSS Level 2 Compliance with SafeNet Luna SA

 

PRZOOM - /newswire/ - London, United Kingdom, 2010/11/18 - SafeNet Hardware Security Module (HSM) secures prepaid payment card transactions for European Start-Up. Euronext NL0000400653 GTO

   
 
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SafeNet, Inc.’s Luna SA HSM has been selected by Cards Prepaid Ltd to support transparent data encryption, PIN retrieval, and high levels of cryptographic operations per second. The Luna SA HSM also ensures compliance with the latest Payment Card Industry Data Security Standard (PCI DSS).

The Luna SA HSM from SafeNet was selected over rival vendors including Thales, due to the combined functionality and service for PIN IVR, customization and support of MSFT EKM.Cards Prepaid is now able to integrate Microsoft’s SQL Database for storage of sensitive customer information, using the Luna SA HSMs to securely store the server’s master cryptographic keys, whilst creating an audit trail to maintain compliance. Deployment of the Luna SA was completed in less than four weeks.

Cards Prepaid designs and manages prepaid debit card programmes and offers full-service prepaid transaction solutions such as expense cards or payroll cards management solutions and reporting tools. Cards Prepaid delivers a reliable and secure solution in compliance with PCI DSS Level 2.0. SafeNet Luna SA HSM’s ability to perform Extensible Key Management (EKM) as well as PIN block decrypts over Interactive Voice Response (IVR) were additional key factors for the company.

Steve Taylor, Cards Prepaid’s CTO, commented, “SafeNet demonstrated a very clear understanding of the prepaid market in Europe. We found their customer support and flexibility superior to that of their competitors. They were also able to easily customize our PIN decrypts for IVR and worked closely with us to quickly deploy the solution.”

Mark Yakabuski, HSM Product Manager, SafeNet, said, “Through our work with Cards Prepaid Ltd, we are establishing best practices that will help their customers directly. Our collaboration means that Cards Prepaid can easily expand to accommodate their growing customer base and provide a reliable, standards-compliant security solution.”

About Cards Prepaid
Cards Prepaid (cardsprepaid.com) is an accredited, certified Program Manager and provider of payment management systems Through its partnership with Visa, Cards Prepaid designs and manages prepaid debit card programmes and offers full-service prepaid transaction solutions for targeted groups of customers in Europe in B-to-B and B-to-B-to-C: labour intensive corporates, government agencies, E-commerce and global brands.

About SafeNet, Inc.
Founded in 1983, SafeNet (safenet-inc.com) is a global leader in information security. SafeNet protects its customers’ most valuable assets, including identities, transactions, communications, data and software licensing, throughout the data lifecycle. More than 25,000 customers across both commercial enterprises and government agencies and in over 100 countries trust their information security needs to SafeNet.

 
 
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Cards Prepaid Ltd Achieves PCI DSS Level 2 Compliance with SafeNet Luna SA

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SafeNet, Inc. | Cards Prepaid
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SafeNet, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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