Merchant Link Signs Multi-year Contract with Phoenix Managed Networks
Payment gateway and data security solutions group Merchant Link has signed a multi-year contract with Phoenix Managed Networks.
Under the deal Merchant Link will offer customers Phoenix’s Payment Card Industry Data Security Standard (PCI DSS) firewall service coupled with breach insurance. The addition complements Merchant Link’s current portfolio and is designed to secure a merchant’s IT network and customer cardholder data while protecting businesses from the high costs of an attack.
The new firewall service is a cloud-based management service with an on-site security appliance that locks down the point-of-sale (POS) system and segregates payment traffic from all other corporate IT data.
The solution requires no technical expertise on behalf of the user to install or manage, making it suitable for small-to-medium-sized businesses or franchisees. The router further simplifies compliance with PCI standards.
“The Ponemon Institute recently reported that cyber-attacks have more than doubled over the past three years, while the financial impact increased by nearly 40%,” said Trevor Fall, executive vice president (EVP) for North American sales for Phoenix. “It’s now essential businesses deploy the right mix of security solutions to detect and protect against evolving threats.”