Vendor Safe’s New PCI Compliance Reporting Suite™ Automates and Simplifies PCI Reporting

PCI Reporting Suite empowers ISOs and acquiring banks to better manage their portfolio’s overall risk profile and monitor compliance.

Houston, TX, April 22, 2009 --(PR.com)-- Vendor Safe Technologies, a Payment Card Industry (PCI) Security Standards Council participating organization, today introduces its PCI Compliance Reporting Suite™, a comprehensive, online solution that simplifies compliance reporting for independent sales organizations (ISO), acquiring banks and merchants, while creating an ongoing record of compliance-related activities.

The PCI Compliance Reporting Suite™ complements Vendor Safe’s PCI Managed Security Suite™, a complete, low-cost PCI compliance solution for merchants that employ best practices-driven management of network security, data access, and policies and procedures. PCI Managed Security Suite has distinguished itself in the market with its 30 day implementation, a surprisingly affordable, fixed monthly fee, and a level of security that goes beyond the PCI standard.

Traditionally, merchants must answer up to 220 questions in the PCI Data Security Standard (PCI DSS) Self Assessment Questionnaire, a painstaking and complicated process. Utilizing Vendor Safe’s PCI Compliance Reporting Suite in tandem with Vendor Safe’s PCI Managed Security Suite™, the number of questions can be reduced to approximately 75. The key components of Vendor Safe’s new PCI Compliance Reporting Suite™ include:

· SAQuick™ Questionnaire, an automated, online questionnaire with associated video tutorial that lets merchants easily complete the Self-Assessment Questionnaire and Attestation of Compliance required by the Payment Card Industry Data Security Standard.
· Vulnerability Scans, Approved Scanning Vendor (ASV) Program compliant scanning that proactively identifies weaknesses with all-inclusive assessment. Internal and external scanning available.
· Reporting Dashboard for Acquiring Banks, a point-and-click report writer that features reporting by individual compliance requirements, as well as management by exception (i.e. merchants that have not had a quarterly scan in over ninety days).
· TrustVault™ Certificate, covers up to $50,000 in direct breach related expenses, including fines and assessments.

The PCI Compliance Reporting Suite works in conjunction with the PCI Managed Security Suite to create a one-stop-shop for secure protection beyond the PCI standard, compliance and reporting. Vendor Safe Technologies enables PCI compliance in 30 days for Level 4 SAQ A, B, C, and D merchants. Level C and D merchants utilize components of the managed security suite including Global Security Mesh/VPN™, Wi-Fi HotSpot Plus™ and TrustVault Certificate.

”With PCI Managed Security Suite, Vendor Safe gives merchants a complete, low-cost PCI compliance solution. Our new PCI Compliance Reporting Suite extends our offerings to other industry stakeholders that include acquiring banks and ISOs,” said Chris Melson, CEO of Vendor Safe. “Vendor Safe continues to expand its solution set to fully deliver a single-source PCI DSS compliance solution for SAQ A, B, C and D merchants.”

About Vendor Safe
Founded in 1989 as Paracom IT, an organization offering managed network and security services, Vendor Safe Technologies shifted its business model in 2008 to focus on the burgeoning need for PCI DSS compliance. Vendor Safe/Paracom IT has emerged as the leader in delivering security technologies by helping organizations to manage their IT environment while delivering unsurpassed levels of data reliability and security. With proven global solutions, Vendor Safe facilitates PCI compliance, enabling companies to concentrate on their business. To learn more, visit the Vendor Safe website at www.vendorsafe.com.

For more information, please contact Bill Pickard at 713-929-0200 or info@vendorsafe.com.

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Vendor Safe Technologies
Bill Pickard
713-929-0200
www.vendorsafe.com
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