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CAMBRIDGE, England--(BUSINESS WIRE)--Jan. 9, 2006--nCipher plc (LSE:NCH), a
leading provider of cryptographic IT security solutions, today announced that
Loyalty Lab, the leader in on-demand retail loyalty and customer management, has
migrated to nCipher's SecureDB database encryption solution to ensure compliance
with new Payment Card Industry (PCI) requirements. Loyalty Lab uses the SecureDB
solution to encrypt all customer information in its databases, assuring
retailers and their customers that data is secure.
Loyalty Lab allows retailers to use a customer's credit card information as an
identification tool for loyalty programs. This capability eliminates the need
for issuing loyalty cards, but it also requires additional layers of database
security. SecureDB enables Loyalty Lab to restrict access to sensitive
information through the use of encryption, which is a central requirement of the
new PCI standard.
The PCI Data Security Standard was introduced to protect cardholders' credit
card account and transaction information.
Among the PCI standards are regulations that require encryption of sensitive
cardholder data both during transmission and while at rest, for example within a
database. Organizations who fail to comply could face fines and restrictions by
the credit card associations.
"It's imperative that the variety of retailers and merchants we work with know
their customer data is safe and the PCI standards communicate this," says Barak
Engel, Loyalty Lab's Chief Security Officer. "nCipher provided us with a simple
path to full PCI compliance as the standards evolved; SecureDB was easy to
deploy and represented a complete solution in one box."
SecureDB is a database encryption solution that includes a unique policy
enforcement engine and database analysis tool designed to streamline deployment.
SecureDB's column level approach minimizes the performance impact of encryption
at this high profile point of attack and provides protection that follows the
data. Even if the storage infrastructure is breached, or if the storage media is
stolen, sensitive information will remain unintelligible and therefore
worthless.
By establishing a separation of duties between system administrators and
security personnel the risk associated with a single 'super-user' is minimized.
Through its auditing capabilities, SecureDB also provides the visibility into
the security management tasks and access to the data as required by the PCI data
security standard.
"As the penalties for non-compliance with the PCI data security standard are
being more strictly enforced, a robust way to keep sensitive data secure is now
an imperative, not a nice-to-have," says Jeff Montgomery, product manager for
data encryption at nCipher. "SecureDB is a versatile platform that allows
companies of all sizes to securely and cost-effectively protect their data and
comply with the PCI requirements."
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