Hosting provider takes the headache out of card handling compliance for retailers
VANCOUVER, BC, June 19, 2012: PEER 1 Hosting, (TSX:PIX) a leading IT hosting provider, has successfully achieved the Level 1 Payment Card Industry Data Security Standard (PCI DSS) certification for several of its managed hosting and co-location data centres worldwide. PEER 1 Hosting's clients, who handle and process customer card details and transactions, can now be assured that their applications can be supported in a PCI compliant environment, enabling them to focus on their business rather than security.
Data security and compliance are key business drivers for online retailers and other organisations that process credit card transactions. Companies are required to meet the PCI DSS certification and failure to do so can prove costly, resulting in large fines if a data breach takes place as a result of not being compliant.
PCI DSS is a set of robust and comprehensive standards developed to increase payment data security and is endorsed by the major payment card brands: American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc.
This news follows PEER 1 Hosting's recent announcement regarding the acquisition of NetBenefit, a certified Level 1 PCI DSS managed hosting provider. NetBenefit brings additional skills and a new datacentre for customers requiring low latency services in the London region.
"PEER 1 is committed to delivering IT infrastructure solutions that remove the security challenges and complexities our customers face," said Fabio Banducci, President and CEO, PEER 1. "Meeting the standards set by the Payment Card Industry Security Council allows us to offer customers a single process that meets their compliance needs while allowing them to do what they do best – run their businesses."
To achieve the industry-recognised standard for payment-card security, PEER 1 Hosting took part in an extensive evaluation and audit. A comprehensive examination of its procedures, policies, technical systems and technology infrastructure was evaluated via a third party qualified security assessor. PEER 1 Hosting's certification meets all the12 PCI DSS requirements.
### About PEER 1 Hosting
PEER 1 Hosting is one of the world's leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gbps FastFiber Network™ connected by 18 state-of-the-art datacenters, 22 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support™. Info-Tech Research Group recently named PEER 1 Hosting as a "Champion" in its Canadian colocation and managed services Vendor Landscape report, recognizing the company's strength in product offerings and enterprise strategy in the global IT marketplace. PEER 1 Hosting's portfolio includes Managed Hosting, Dedicated Servers under the ServerBeach brand, Colocation and Cloud Services under the Zunicore brand. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.com or www.peer1hosting.co.uk.
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