RCS - Comforte AG - Success through global partnership
24/09/2024 09:45
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RNS Number : 4090F Comforte AG 24 September 2024
Success through global partnership: comforte AG secures payment transactions
of leading financial institutions worldwide
EQS-Media / 24.09.2024 / 09:00 CET/CEST
Success through global partnership: comforte AG secures payment
transactions of leading financial institutions worldwide
(Wiesbaden, October 2024) In March 2024, comforte AG, Wiesbaden, a leading
global provider of cybersecurity solutions, and ACI Worldwide, a leading
global provider of business-critical real-time payment software, agreed a
strategic partnership to modernise payment processes. This was triggered by
the introduction of new compliance regulations, which put payment service
providers under considerable pressure. This is because the regulations must be
implemented without restriction by March 2025. Since then, Comforte has helped
several leading financial service providers from the USA, Europe, Asia and the
Middle East to prepare for the new compliance requirements in a very short
space of time. In parallel, the demand for cutting-edge cybersecurity
solutions to help financial organisations meet the challenges of the
ever-evolving digital landscape continues unabated.
PCI DSS 4.0 requires immediate action
A key reason for comforte's success is the introduction of PCI DSS 4.0, an
enhanced set of rules that calls for significantly stricter compliance
requirements for payment security. With the deadline for its implementation in
March 2025, there is a growing urgency for companies to adapt. Comforte is
working with ACI Worldwide to ensure that businesses of all sizes can
seamlessly transition to PCI DSS 4.0 without jeopardising operational
efficiency or customer confidence. Failure to implement or comply with PCI DSS
4.0 on time can have serious financial consequences, including heavy fines and
invaluable reputational damage. In contrast, the comforte solution provides a
robust, tokenisation-based data security platform that not only meets
compliance requirements, but also improves overall security and privacy
controls.
Quantum-resistant algorithms for the future
One of the things that makes this possible is a strong commitment to
innovation. For example, comforte is already thinking about the threats of
tomorrow. With the advent of quantum computing, for example, traditional
encryption methods will become obsolete. To counteract this, quantum-resistant
pseudonymisation algorithms have been integrated into the current version of
the comforte solution, offering future-proof protection for sensitive data.
For these and other innovations, Comforte AG was recently awarded with the
prestigious 'Excellence in Cybersecurity' award for banks and payment service
providers - proof of the company's leading role in the industry and its
ability to anticipate the needs of financial institutions worldwide.
Ensuring success in the digital age
comforte's mission is to enable companies in the payments, banking and finance
and retail sectors to utilise their most valuable asset - their data - for
innovation and further growth in the digital age, safe in the knowledge that
security and data protection are fully guaranteed. These solutions not only
protect against current threats, but also enable companies to fully realise
their future goals.
'Through our strategic partnerships with many market leaders, such as ACI
Worldwide, we enable financial institutions - but not only them - to fulfil
regulatory requirements and drive digital transformation at the same time,'
says Michael Deissner, CEO of comforte AG. 'We are passionate about helping
our customers to fully protect their own and their customers' data and grow
their business with peace of mind.'
About comforte AG
Comforte AG is a leading provider of data-centric security solutions that
empower enterprises to protect sensitive information throughout its lifecycle
while maintaining its usability for business operations. Headquartered in
Wiesbaden, Germany, comforte is a trusted partner for global enterprises
across various industries. The comforte Data Security Platform (DSP) automates
the discovery, classification and protection of data within complex IT
environments. With over 25 years of expertise, comforte safeguards data for
over 500 global customers, including industry leaders like Visa and
Mastercard, enabling them to drive digital transformation, optimize
operations, and achieve sustainable growth with confidence.
Website: https://www.comforte.com (https://www.comforte.com/)
Twitter: https://twitter.com/comforteAG (https://twitter.com/comforteAG)
LinkedIn: https://www.linkedin.com/company/comforte-ag/
(https://www.linkedin.com/company/comforte-ag/)
Kontakt
Thomas Stoesser | EVP Marketing | t.stoesser@comforte.com
Issuer: comforte AG
Key word(s): Information technology
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Language: English
Company: comforte AG
Abraham-Lincoln-Str. 22
65189 Wiesbaden
Germany
Internet: https://www.comforte.com/de/unternehmen
EQS News ID: 1993661
End of News EQS Media
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