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atsec completes PCI DSS compliance assessment for ShengPay

2012-01-24

Beijing, China - atsec information security is pleased to announce that the compliance assessment, based on the PCI DSS (Payment Card Industry Data Security Standard) V.2.0, performed on Shanghai Sheng paythrough E-commerce Co., Ltd. (hereinafter referred to as “ShengPay”) has been successfully completed. This is the first PCI DSS compliance assessment for ShengPay.

The CEO (Chief Executive Officer) of ShengPay, Jinying Wang commented, ”The successful completion of PCI DSS compliance assessment demonstrates that the security of the ShengPay payment system has met the requirements of this international standard. It also means that customers can be assured of the security of their information, while using the payment services offered by ShengPay.”

Yan Liu, COO (Chief Operating Officer) and QSA (Qualified Security Assessor) of atsec China, noted, ”One of the important aspects of gaining compliance is the proactive risk management awareness and attitude toward protecting your customers’ information. We greatly appreciate that companies like ShengPay invest time and effort into enhancing their information security. We are looking forward to long-term cooperation with ShengPay.”

As a Qualified Security Assessment (QSA) company and Approved Scanning Vendor (ASV) accredited by PCI Security Standard Council (PCI-SSC), atsec provides formal assessment and related consulting services based on the PCI DSS standard. The customers of atsec include large-sized banks, issuers, service providers, large merchants, etc. atsec consultants have over 10 years of experience with IT security standards and have helped many organizations to successfully plan and implement information security management systems.

About atsec information security
atsec information security is an independent, standards-based information technology security services company with offices in the U.S., Germany, Sweden, and China. atsec's services include formal laboratory testing and evaluation of information assurance (IA) and IA-enabled commercial off the shelf (COTS) information technology, as well as information security consultancy.
atsec offers evaluation and testing services leading to formal certification of information security technology, including evaluations under Common Criteria schemes in the U.S., Germany, and Sweden. In addition, the atsec U.S. organization operates a Cryptographic and Security Testing Laboratory accredited under the Cryptographic Module Validation and the Cryptographic Algorithm Validation Programs of the National Institute of Standards and Technology (NIST) in the U.S. and Communications Security Establishment Canada (CSEC) in Canada for validating cryptographic modules under the FIPS 140-2 standard.
atsec is also an experienced Payment Card Industry (PCI) Security Standards Council Qualified Security Assessor (QSA), Approved Scanning Vendor (ASV), and Payment Application Qualified Security Assessor (PA-QSA) and accredited as a third-party auditor for the North American Security Products Organization (NASPO).
atsec works with leading global companies such as Apple, IBM, Hewlett-Packard, Samsung, Quantum Corporation, Red Hat, and ZTE Corporation.

About ShengPay
ShengPay, an independent third-party payment service provider founded by Shanda Interactive Entertainment Limited (NASDAQ:SNDA), focuses on providing a “safe, convenient, and stable” payment service for internet users and merchants. ShengPay offers various free payment products, including account management?account recharge, account withdrawal, account payment and collection, credit card repayment, etc. ShengPay’s merchants cover various industries, including virtual gaming, digital communications, business services, air and tickets, etc. Merchants can enjoy customized payment services offered by ShengPay, such as real-time credit receivables, bulk payments, large-amount payments and receivables, refunds, order management, etc.

 

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