ArabianBusiness.com - Middle East Business News
Friday, 12 March 2010 04:15 UAE time

YOUR DIRECTORY /

Print Print | Email Email | Discuss this article (0 Comments)
| Share |

Visa demands online merchants tighten security

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 16 October 2000

Online merchants who have taken a casual approach to Web security may have to knuckle down.

Visa International has unveiled a self-assessment test that the merchants must pass in order to keep accepting Visa cards. It's part of a wider effort by the company to boost consumer confidence in Internet shopping.

Merchants can download the test from Visa's Web site (www.visa.com/secured) and use it to see if they meet Visa's standards for security readiness--from hiring practices to their use of encryption technology, firewalls, and network- and database-security software.

Story continues below
advertisement

Compliance is mandatory as of Nov. 15 in the US for new merchants, while those already accepting Visa have until Oct. 1, 2001, to comply.

"Better security overall will increase consumer confidence and increase sales," says Frank Prince, an analyst at Forrester Research covering E-business infrastructure. The test is the first of its kind to be required by a payment organization, he says. Visa will also insist that Web retailers prominently display privacy policies and information about online security capabilities.

Print Print | Email Email | Discuss this article
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED STORIES

Visa International
| 24 stories
  1. Risky business
  2. US tourists spend $733m in the UAE
  3. Card sharp

 EMAIL ALERTS

  1. Visa International

  2. Technology


CURRENCY CONVERTOR

Tell us your story

Best of 2009 - Special Report

Think Tank

READER COMMENTS

  1. Officials issue fog warning after 20-car smash 06
    11 Mar ' 10 at 16:15
    I can't believe that it has been almost two years since that dreadful accident, and still people insist on using their hazard...   More  »
  2. Capello hails Abu Dhabi impact on Man City 05
    11 Mar ' 10 at 16:56
    As a Man City fan, I clearly welcomed the purchase of the club by Sheikh Mansour who has made a significant impact both on and off the...   More  »
  3. Air Canada chief hits out at Emirates growth plans 04
    11 Mar ' 10 at 10:23
    Toddington, Air Canada has been welcomed in the past both by Dubai Airports and Emirates to start a Dubai service. And while Emirates...   More  »

Read all user comments >

MORE FROM ARABIANBUSINESS.COM