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Press ReleasePaymetric Selects Alert Logic's Intrusion and Vulnerability Protection to Achieve PCI ComplianceLeading Payment Card Software Provider Selects On-Demand Security Solution for Ease of Deployment, Affordability HOUSTON, TX - NOVEMBER 13, 2007 - Alert Logic, a leading provider of on-demand IT compliance and security solutions, has announced that its Alert Logic Threat Manager™ was selected by Paymetric, Inc., to provide intrusion detection and vulnerability management technology for Paymetric's on-demand payment card transaction service, XiPayNet™, as required by the Payment Card Industry Data Security Standard (PCI DSS). XiPayNet is a Web-based service for companies seeking to manage, accept, and integrate payment card transactions in their enterprise systems and business processes. Paymetric uses Alert Logic Threat Manager to provide a critical layer of network defense against security threats. The PCI DSS is comprised of twelve security-related requirements that establish common processes and precautions for handling, processing, storing, and transmitting credit card data. As a payment card service provider, Paymetric demonstrates PCI DSS compliance through rigorous audits. To further enhance Paymetric's data protection efforts and to streamline the compliance process, Paymetric selected Alert Logic Threat Manager because it was quickly deployable and it addressed several of the more challenging PCI DSS requirements. "Alert Logic enabled us to quickly deploy an intrusion and vulnerability management solution that improved our network security and enabled regulatory compliance," said Genady Vishnevetsky, director of IT operations and security for Paymetric. Paymetric also chose Alert Logic Threat Manager for its ease-of-use and the rich user experience it provides through a browser-based dashboard. With no upfront hardware or software costs and no incremental staffing required, Alert Logic's unique on-demand solution delivery also provides Paymetric with significant cost savings. "Paymetric's role in the payment card industry makes it doubly important for their business to be PCI compliant," said Michael Turner, Alert Logic CEO. "Our role as a PCI Approved Scanning Vendor and the PCI capabilities we've built into our security and compliance solutions make Alert Logic the right partner for companies like Paymetric." Alert Logic's Threat Manager leverages a Software-as-a-Service (SaaS) delivery platform to combine intrusion protection, vulnerability management and IT compliance automation in a single on-demand product. Threat Manager includes capabilities that enable companies to meet key parts of the PCI DSS version 1.1 requirements, including Requirement 6.2, Requirement 11.2 and Requirement 11.4. About Alert LogicAlert Logic is the leading provider of on-demand compliance and security solutions for mid-sized organizations. By enabling its customers to detect threats, eliminate vulnerabilities, and manage log data, Alert Logic provides the easiest way to secure networks and comply with policies and regulations. Alert Logic's on-demand platform utilizes software-as-a-service to deliver the benefits of rapid deployment, zero maintenance, and no upfront capital costs. As a result, Alert Logic customers benefit from easy and affordable compliance and security. Based in Houston, Texas and founded in 2002, more information about Alert Logic can be found at http://www.alertlogic.com. About PaymetricPaymetric, Inc. provides innovative software solutions for managing, protecting, and integrating payment card transactions in enterprise systems, most notably SAP, enabling companies to improve return on card acceptance, optimize purchasing card programs, and reduce barriers to data security compliance. Paymetric is an Austin Ventures portfolio company and an award-winning SAP software partner. Visit www.paymetric.com for additional information. Contact:
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