Click here to close now.

Welcome!

SOA & WOA Authors: Liz McMillan, Carmen Gonzalez, Roger Strukhoff, Dana Gardner, Tim Hinds

News Feed Item

New White Paper From Prologic Provides Step-by-Step Guide to PCI Compliance for Fashion Retailers

- Prologic White Paper, 'The Challenge of PCI Compliance for Multi-Channel Retailers', http://tr.im/zlmm Explains the Need for an Integrated PCI Strategy to Ensure Business Efficiency and Customer Satisfaction

LONDON, September 24 /PRNewswire/ -- A new White Paper, entitled 'The challenge of PCI compliance for multi-channel retailers' by fashion business systems provider, Prologic http://www.prologic.com highlights the dangers of taking an un-integrated, quick-fix approach to PCI compliance. The White Paper http://tr.im/zlmF provides a step-by-step guide to PCI compliance for fashion retailers who are looking to achieve low-cost PCI compliance without compromising the increasingly important multi-channel business world.

PCI compliance for fashion retailers is essential as failure to comply with PCI standards exposes a retailer to two types of liability:

    
    - The contract with the card issuer provides for substantial penalties
    and, more significantly,

    - Retailers are subject to "charge-back" liability for damages suffered
    by the card issuer as a result of a data breach.

These losses sustained by card issuers include not only the fraudulent charges made on the accounts of the victims of identity theft, but also the administrative costs associated with the issuance of new cards to customers whose personal information may have been compromised. As a result, these costs can be significant. Add in the damage to reputation associated with the loss of customer card details, and the importance of PCI compliance becomes clear.

Commenting on the options available to mid-sized retailers looking to ensure PCI compliance, Sam Jackson, chief executive of Prologic says, "One route is to buy pre-packaged payments systems, such as handheld Chip & PIN devices and off-the-shelf web payment gateways, that are already compliant. However, whilst this simplifies the compliance process it can also constrain the business. Many retailers have worked hard to achieve an integrated multi-channel business model. Therefore, adopting these simple, separate payment systems can be a retrograde step which takes retailers back to a less integrated business model, or prevents them moving toward one."

Jackson continues, "The best strategy to ensure PCI compliance for multi-channel retailers is to work with a vendor that has integrated multi-channel solutions and has already embarked upon a Level 1 PCI compliance process for the entire end-to-end suite. With this approach, the onus is on the vendor to ascertain the underlying software, hardware and wide area network components required to gain and maintain PCI compliance. This model not only ensures that retailers retain the benefits of an integrated multi-channel strategy but also have a fast track, low cost route to PCI compliance, not just today but for the future where an integrated approach to multi-channel trading will become ever more important."

The Prologic White Paper, 'The Challenge of PCI compliance for multi-channel retailers' provides practical advice and guidance to retailers looking to adhere to the latest PCI standards and covers a number of key issues including: the different levels of PCI compliance, the six major categories within the PCI framework, within these six categories the 12 requirements that address particular technical issues and web application security, the limitations of pre-accredited PCI solutions and the benefits of an integrated PCI approach.

Jackson continues, "PCI compliance for fashion retailers is not a one-off issue; it requires an annual audit or self-assessment. Indeed, the payment card industry is in an endless arms race with the hackers and fraudsters. As the criminals get ever more sophisticated, PCI and retailers have to up the ante and implement ever more sophisticated security standards. So opting to retrench today by casting out all the benefits that integrated technology can bring in terms of efficiency and improved customer service may solve the immediate PCI problem. But it is a short term fix that will be at the expense of future business efficiency and customer satisfaction."

Jackson concludes, "Fashion businesses are moving ever more deeply into integrated multi-channel retailing. Those who have adopted ad-hoc systems to get round short term PCI problems will sooner or later need to reintegrate their systems to compete with the market leaders. The best of both worlds is low cost PCI compliance for fashion retailers without compromising the increasingly important multi-channel business model." The White Paper, 'The Challenge of PCI compliance for multi-channel retailers' is available free of charge. Business managers and directors can download a copy of the White Paper from http://tr.im/zlmm

About Prologic

Stock market-listed, Prologic is a specialist provider of software, services and consultancy to the fashion & lifestyle sector. The company's enterprise software application, CIMS, is a web-deployed, single solution, multi-channel business system designed to meet the complex needs of the sector. Modules include planning, merchandising, store systems, sourcing, warehousing, wholesale, franchise, eCommerce and reporting.

Prologic's approach of delivering its software as a single version, single database product, based on continuous customer-driven improvement, provides distinct advantages over the traditional practice of interfacing disparate point solutions.

With a track record extending over two decades, Prologic has supported the growth of many of the UK's best known and most successful brands. Customers include Aquascutum, Fat Face, Hobbs, Liberty, Paul Smith, Ted Baker, TM Lewin, White Stuff and many other high street names.

    
    For further information, please contact:

    Will Gardiner       Manuela Spinnler
    itpr                Head of Marketing
    +44(0)1932-578800   Prologic plc
                        +44(0)1442-876277

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of presentation. In her session at @ThingsExpo, Jocelyn Scheirer, CEO & Founder of Bionolux, will discuss ho...
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities. In his session at @ThingsExpo, Gary Hall, Chief Technology Officer, Federal Defense at Cisco Systems, will break down the core capabilities of IoT in multiple settings and expand upon IoE for bo...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
The Internet of Things (IoT) is causing data centers to become radically decentralized and atomized within a new paradigm known as “fog computing.” To support IoT applications, such as connected cars and smart grids, data centers' core functions will be decentralized out to the network's edges and endpoints (aka “fogs”). As this trend takes hold, Big Data analytics platforms will focus on high-volume log analysis (aka “logs”) and rely heavily on cognitive-computing algorithms (aka “cogs”) to make sense of it all.
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applications - creating more engaging experiences for their customers and boosting collaboration and productiv...
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, representing a model of how to analyze rea...
One of the biggest impacts of the Internet of Things is and will continue to be on data; specifically data volume, management and usage. Companies are scrambling to adapt to this new and unpredictable data reality with legacy infrastructure that cannot handle the speed and volume of data. In his session at @ThingsExpo, Don DeLoach, CEO and president of Infobright, will discuss how companies need to rethink their data infrastructure to participate in the IoT, including: Data storage: Understanding the kinds of data: structured, unstructured, big/small? Analytics: What kinds and how responsiv...
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - is now accepting submissions to demo smart cars on the Expo Floor. Smart car sponsorship benefits include general brand exposure and increasing engagement with the developer ecosystem.
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use cases.
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, including what it is today, what it might ultimately be, the role of wearable tech, and technology gaps stil...
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, including what it is today, what it might ultimately be, the role of wearable tech, and technology gaps stil...
When it comes to the Internet of Things, hooking up will get you only so far. If you want customers to commit, you need to go beyond simply connecting products. You need to use the devices themselves to transform how you engage with every customer and how you manage the entire product lifecycle. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, will show how “product relationship management” can help you leverage your connected devices and the data they generate about customer usage and product performance to deliver extremely compelling and reliabl...
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015 at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from ...
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. Learn about IoT, Big Data and deployments processing massive data volumes from wearables, utilities and other machines.