Firethorn Increases Mobile Banking Security with Full PCI Compliance
Firethorn Holdings, LLC, a Qualcomm company, today announced enhancements to its mobile banking and payments application to adhere to the industry’s most rigorous benchmark for secure credit card transactions – the Payment Card Industry (PCI) Data Security Standard (DSS). In meeting the PCI DSS, Firethorn reinforces its commitment to security and provides additional protection for consumers’ sensitive credit and debit card account information in connection with each mobile banking session. It also allows Firethorn’s financial institutions, wireless operator and merchant clients to offer enhanced mobile commerce options, such as contactless payments, and other point-of-sale transactions, such as gift cards and loyalty rewards. Firethorn’s methods to protect customer data include encryption of account information at rest and in transit, consistent monitoring for malicious activity, and providing security awareness training for all support staff. The Company also conducts regular security assessments of its mobile services to verify that security measures are working appropriately. Firethorn met numerous PCI DSS requirements by relocating its mobile services operation to a protected data center that provides 24/7 support for all Firethorn services.
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