VISA CISP and Click&DECiDE

What is VISA CISP?

CISP requirements help Visa members, merchants and service providers protect their information assets and meet obligations to the Visa payment structure. Compliance is mandated for all entities storing, processing or transmitting Visa cardholder data. Failure to comply with CISP or rectify a security issue may incur a fine of USD 50,000 for the first violation, extending to permanent prohibition of your participation in Visa Programs. Merchants and Service Providers are required to meet the VISA CISP requirements to continue accepting Visa payment products.

The Visa CISP requirements apply to:

  • Visa Level 1 Merchants: more than 6 million Visa transactions processed annually.
  • Visa Level 1 Service Providers: all VisaNet Processors.
  • Level 2 Merchants.
  • Level 2 Service Providers.

The above concerned parties should have submitted CISP compliance documentation by September 30, 2004 for Visal Level 1 Merchants and Service Providers, while Level 2 Merchants and Service Providers must submit their documentation before March 2005 to be compliant.

Click&DECiDE's Solution

Click&DECiDE products ease your CISP compliance requirements. Click&DECiDE can help companies deal with the following issues:

  • Security Event Log Archival.
  • Access Control.
  • Malicious Code Detection.
  • Policy Enforcement.
  • User Monitoring & Management.
  • Vulnerability Management.
  • Real-Time Reporting.
  • Forensic Analysis.

Let Click&DECiDE help you comply with these regulations and automate this International necessity.

  • Your Logs: the compliance regulations are clear concerning the need for log analysis and retention. If companies have a running record of all the events occuring on their networks, they can easily discover what went wrong. This can also aid in following and prosecuting perpetrators.
  • Your Risk: are you under attack? When a security breach occurs, such as a virus, a worm, a disgruntled employee or even a hacker, Click&DECiDE will pinpoint the breach and distinguish a virus from a hacker and so on.
  • Your Shared Reports: security is a shared concern. By constantly analyzing logged evnts and keeping a stock of logged events, all your departments, including the IT Security department can generate reports on network activity and security to share the information with Senior Management.

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Click&DECiDE's Training Workshops

The changes to business processes reflecting the requirements of VISA CISP will bring about important training needs for employees in the business. We can help identify training needs and run subsequent programs for relevant staff, including senior management training explaining their responsibilities.

Improve your understanding of the issues raised by the Internal Controls required by key international regulations: MiFID, Basel II, Sarbanes-Oxley (SOX), SEC 17a-3, a-4, NASD 3010, 3110, Tabaksblat Code, Lippens Code, La Loi de Sécurité Financière (LSF) that affect the IT function within your organization.  Please contact our Senior Consultant, Benoît Rostagni for more information: benoit.rostagni@clickndecide.com

Our interactive Training workshops cover the related Governing Bodies (PCAOB, AMF...), the key internal control frameworks: COSO, COBIT, ISO/IEC 17799 and the relationship and alignment between them. We tailor the content of our workshops to your needs, according to range of topics you select the workshops can range from 1-3 Days, from 09:00 to 17:00 each day. Read more...

Bringing your company's security up to meet the regulatory standards may require various changes, for example managing the reams of log data in your database, managing your database volumes. We help you store, aggregate and purge your data, decrease your database volumes and easily analyze and report pure business intelligence knowledge in real-time, tailored to each of your department's specific needs. Please contact us to see how we can help you: sales@clickndecide.com

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