Visa and FireEye have announced their intention to co-develop tools and services to help merchants and issuers protect against advanced cyber attacks targeting payment data. Visa and FireEye Community Threat Intelligence (CTI) offering will bring together threat information from both companies, allowing merchants and issuers to quickly detect and respond to attacks against their IT and payment infrastructure. Under the offering, FireEye will operate the easy-to-use web-based service to enhance stakeholders’ knowledge of attacks targeting the ecosystem, providing a significant improvement over current industry practices of sharing threat intelligence via e-mail or static documents.
“The threat environment for merchants is more hostile than we have ever seen — attack groups focussed exclusively on stealing consumer data are continuously expanding their operations and employing new techniques. It is a daunting prospect for any merchant whose business could collapse if they lose customer trust. This new collaboration brings together two industry leaders to help protect merchants and payment data and minimize the impact of attacks by sharing information,” said David DeWalt, CEO, FireEye.
visa fireeye logo 300×300 FireEye collaborates with Visa to protect merchants and issuers against advanced cyber attacks“By combining Visa’s unparalleled view into global payments and FireEye’s industry-leading cybersecurity expertise, we intend to bring faster, actionable intelligence directly to players across the payments system. We are pleased to be working closely with FireEye, which has been at the front lines identifying and investigating some of the most significant compromises around the world, to provide critical cyber intelligence to merchants and financial institutions,” said Charlie Scharf, CEO, Visa Inc.
See more at: http://www.varindia.com/fireeye-collaborates-with-visa-to-protect-merchants-and-issuers-against-advanced-cyber-attacks/