Solutions aimed at Payment Card Industry Data Security Standard compliance
SafeNet marks first year in Dubai
One year on from setting up its Middle East regional office in Dubai, SafeNet returns to GITEX with a focus on Lifecycle Data Protection Solutions and how they can be utilised by the banking and retail sectors in order to comply with PCI-DSS (Payment Card Industry Data Security Standard) requirements.
Since opening the Dubai office, SafeNet has established its position in the PCI arena, as well the banking (Qatar Central Bank) and government sectors (identity projects including Emirates Identity Authority) in the region, building a broad customer portfolio working with channel partners.
PCI-DSS is an independent industry standard created by the Payment Card Industry as a global data security standard to protect cardholder data and combat fraud. Data breaches and online fraud are on the rise, and since the introduction of the PCI-DSS mandate in 2005 the cost per breached record has increased by 47% to $204 (source: Ponemon Institute 2009).
SafeNet's DataSecure is the perfect solution for all banks and major merchants who need security technology for PCI-DSS certification - a single solution that secures data across connected enterprises. SafeNet offers an integrated security platform with all the required elements to get critical PCI encryption and key management elements centrally implemented. SafeNet can show visitors the benefits of its technology in relation to the implementation of the PCI-DSS standard and how this can empower business.
In 2009, SafeNet opened a new office in Dubai to support the business needs for data protection in the Middle East, expanding the company's global presence of 26 offices and more than 25,000 customers in 100 countries.
The continued growth in recognition among Gulf States that effective Data Protection technology must be deployed as part of an effective IT infrastructure has led to many opportunities for SafeNet solutions. Encryption of sensitive information within structured and un-structured data environments has become a significant focus for enterprises and financial organisations throughout the Middle East and Africa region due to the increased governance and regulatory compliance requirements in the region. SafeNet's broad range of Data Protection Security Solutions address compliance challenges such as PCI-DSS, national ID, and e-passport directives.
"As a leading information security vendor SafeNet has the broadest range of Data Protection, Authentication and Content Security solutions in the market," says Kane Hardy, VP, Southern EMEA Sales, SafeNet. "SafeNet has been trusted as the vendor of choice for protecting and encrypting sensitive Data in the Middle East region for over a decade, but the expansion to include a SafeNet office in Dubai has given us the opportunity to better support this important regional market."
SafeNet's latest involvement in the Middle East include SafeNet's Hardware Security Modules (HSMs) being used by Middle East governments for securing national identity solutions. The majority of banks in the Middle-East and African region use SafeNet HSMs in order to secure financial transactions. SafeNet HSMs have provided reliable protection for applications, transactions, and information assets by safeguarding the cryptographic keys that are at the heart of any encryption-based security solution.
SafeNet is a global leader in information security protecting data throughout its lifecycle while at rest, in motion, and in use, with the broadest range of security solutions in the world. SafeNet offers a complete Data Protection Security Solutions which includes database and application data encryption, disk and file encryption, centralized key management, network and WAN encryption, and two-factor authentication. SafeNet's eSafe solutions provide real-time, intelligent inspection of all Web and mail traffic that inspects all content, including legitimate sites, encrypted traffic and Web-enabled applications. The software protection and licensing solutions of SafeNet offer security against software piracy and illegal use.
Founded in 1983, SafeNet 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.
For more information, visit www.safenet-inc.com
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© Press Release 2010
