8/11/2011 11:00 AM EST
Witham to be first lab to test SPVA’s end-to-end encryption requirements
ATLANTA, GA – August 11, 2011 – The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom (NYSE: HYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSE: PAY), is pleased to announce a partnership with Witham Laboratories, a leading provider of information security evaluations with expertise in the payment industry. The Australian-based consultant will serve as SPVA’s first Lab Network member and will focus on testing SPVA’s end-to-end encryption security requirements.
The SPVA Lab Network is designed to facilitate the closing of gaps in security payment process compliance by ensuring certain aspects of technology and applied processes are subject to independent verification and standard guidelines. The process allows end-users and customers a method for establishing an independent and credible review of an implementation of SPVA best practices and provides them with options to ensure their compliance is verified.
Introduced in late 2009, SPVA’s end-to-end security requirements are targeted to vendors of POS devices in order to create a secure payment cycle. Key elements covered by the SPVA approved standard that will be tested by Witham Laboratories include:
· Data to be encrypted during transmission
· Key management
·...