May 2 ACS Announces Agreement with First Data
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Posted On: 05/09/2019 10:01:13 AM
May 2
ACS Announces Agreement
with First Data
Advanced Cyber Security (ACS) Announces Agreement with
First Data for Enhanced Security at the Point of Sale
ACS CyberIDLock™ cyber security product to be bundled into
First Data’s PCI security solutions
BOHEMIA, N.Y., May 2, 2019 – (PR NEWSWIRE) – Advanced Cyber Security (ACS), a
leader in endpoint security, today announced an agreement with First Data (NYSE:
FDC), a global leader in commerce-enabling technology and solutions. Under the terms
of the agreement, First Data will bundle ACS EndpointLock™ Keystroke Encryption
software and ACS Dark Web Intel Scanning service, collectively referred to as
CyberIDLock™, into their small and medium-sized business (SMB) PCI Security
Solutions for its merchants, partners, and channels.
ACS EndpointLock Keystroke Encryption software addresses a security threat known as
keylogging spyware, which has become a main component in cyberattacks and is
commonly downloaded as a result of clicking on an infected link inside an email, text
message, social media or web page. This practice of tricking unsuspecting victims into
clicking on links that look legitimate is called “phishing”. According to recent reports,
phishing was found in 90% of breaches, and 95% of all phishing attempts that resulted
in a breach, were followed by software installation, including keyloggers.1 Once a
keylogger has infected a desktop, tablet or mobile device, it steals every keystroke
typed including access credentials, credit card and banking information along with other
sensitive data.
According to ACS CEO, Dan DelGiorno, “Keylogging spyware has become a problem
that is global in scope. This poses an increased threat for the small business that is not
equipped to deal with the day-to-day threats that large enterprises constantly monitor. If
keylogging spyware captures password and login credentials, it creates a weak link in
the security chain and can give an unauthorized person access to a secure environment
storing Personal Identifying Information (PII). By installing ACS EndpointLock,
merchants can strengthen the first link in the security chain by protecting their
passwords and other credentials, eliminating the ability of keylogging spyware to
capture keystrokes, even if a device is already infected.
In addition to EndpointLock Keystroke Encryption software, the CyberIDLock bundle
also includes ACS Dark Web Intel Scanning Service for early discovery of exposed
merchant credentials. Mr. DelGiorno added. “If a merchant sees their password
exposed in the scan results, it will drive them to update their passwords and make
security a priority. With 24/7 access to scanning, the merchant will remain engaged and
curious to return and scan when hearing about breaches in the news. This will help
keep them informed and more actively involved in their cyber security.”
1 2017 Data Breach Investigations Report, 10th edition. https://enterprise.verizon.com/resources/repo...7_dbir.pdf
“With the latest breach research pointing to phishing and keyloggers as clear and
significant threats to SMBs, adding CyberIDLock will provide First Data’s merchants
with the protection they need to subdue these security risks,” said Tim Horton, Vice
President of Global Security for First Data. “ACS EndpointLock Keystroke Encryption
will protect our merchants against keyloggers on their desktops and mobile devices, and
ACS Dark Web Intel Scanning with 24/7 access will provide merchants with an easy-touse tool to keep them engaged and informed in better security practices.
About Advanced Cyber Security Group
Advanced Cyber Security (ACS) provides cutting-edge cybersecurity solutions for
consumers, small businesses and the enterprise to protect them from today’s modernday digital threats. ACS’s patented keystroke encryption software prevents the theft of
credentials from Keyloggers at the endpoint. This technology is used to strengthen the
security and compliance with PCI, HIPAA and NIST. ACS also has fortune 1000
companies using this solution to better protect the endpoints of the enterprise
environment with ACS protocol known as Keystroke Transport Layer Security (KTLS).
For more information, visit www.advancedcybersecurity.com.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling technology and
solutions, serving approximately 6 million business locations and 3,700 financial
institutions in more than 100 countries around the world. For more information,
visit www.firstdata.com and follow us on Twitter at @FirstData and LinkedIn.
Media Contacts
Elizabeth Lindsay
Advanced Cyber Security
866-417-9155 • ext. 1005
Liz@advancedcybersecurity.com
Michael Schneider
First Data
212-515-0290
Michael.Schneider@firstdata.com
ACS Announces Agreement
with First Data
Advanced Cyber Security (ACS) Announces Agreement with
First Data for Enhanced Security at the Point of Sale
ACS CyberIDLock™ cyber security product to be bundled into
First Data’s PCI security solutions
BOHEMIA, N.Y., May 2, 2019 – (PR NEWSWIRE) – Advanced Cyber Security (ACS), a
leader in endpoint security, today announced an agreement with First Data (NYSE:
FDC), a global leader in commerce-enabling technology and solutions. Under the terms
of the agreement, First Data will bundle ACS EndpointLock™ Keystroke Encryption
software and ACS Dark Web Intel Scanning service, collectively referred to as
CyberIDLock™, into their small and medium-sized business (SMB) PCI Security
Solutions for its merchants, partners, and channels.
ACS EndpointLock Keystroke Encryption software addresses a security threat known as
keylogging spyware, which has become a main component in cyberattacks and is
commonly downloaded as a result of clicking on an infected link inside an email, text
message, social media or web page. This practice of tricking unsuspecting victims into
clicking on links that look legitimate is called “phishing”. According to recent reports,
phishing was found in 90% of breaches, and 95% of all phishing attempts that resulted
in a breach, were followed by software installation, including keyloggers.1 Once a
keylogger has infected a desktop, tablet or mobile device, it steals every keystroke
typed including access credentials, credit card and banking information along with other
sensitive data.
According to ACS CEO, Dan DelGiorno, “Keylogging spyware has become a problem
that is global in scope. This poses an increased threat for the small business that is not
equipped to deal with the day-to-day threats that large enterprises constantly monitor. If
keylogging spyware captures password and login credentials, it creates a weak link in
the security chain and can give an unauthorized person access to a secure environment
storing Personal Identifying Information (PII). By installing ACS EndpointLock,
merchants can strengthen the first link in the security chain by protecting their
passwords and other credentials, eliminating the ability of keylogging spyware to
capture keystrokes, even if a device is already infected.
In addition to EndpointLock Keystroke Encryption software, the CyberIDLock bundle
also includes ACS Dark Web Intel Scanning Service for early discovery of exposed
merchant credentials. Mr. DelGiorno added. “If a merchant sees their password
exposed in the scan results, it will drive them to update their passwords and make
security a priority. With 24/7 access to scanning, the merchant will remain engaged and
curious to return and scan when hearing about breaches in the news. This will help
keep them informed and more actively involved in their cyber security.”
1 2017 Data Breach Investigations Report, 10th edition. https://enterprise.verizon.com/resources/repo...7_dbir.pdf
“With the latest breach research pointing to phishing and keyloggers as clear and
significant threats to SMBs, adding CyberIDLock will provide First Data’s merchants
with the protection they need to subdue these security risks,” said Tim Horton, Vice
President of Global Security for First Data. “ACS EndpointLock Keystroke Encryption
will protect our merchants against keyloggers on their desktops and mobile devices, and
ACS Dark Web Intel Scanning with 24/7 access will provide merchants with an easy-touse tool to keep them engaged and informed in better security practices.
About Advanced Cyber Security Group
Advanced Cyber Security (ACS) provides cutting-edge cybersecurity solutions for
consumers, small businesses and the enterprise to protect them from today’s modernday digital threats. ACS’s patented keystroke encryption software prevents the theft of
credentials from Keyloggers at the endpoint. This technology is used to strengthen the
security and compliance with PCI, HIPAA and NIST. ACS also has fortune 1000
companies using this solution to better protect the endpoints of the enterprise
environment with ACS protocol known as Keystroke Transport Layer Security (KTLS).
For more information, visit www.advancedcybersecurity.com.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling technology and
solutions, serving approximately 6 million business locations and 3,700 financial
institutions in more than 100 countries around the world. For more information,
visit www.firstdata.com and follow us on Twitter at @FirstData and LinkedIn.
Media Contacts
Elizabeth Lindsay
Advanced Cyber Security
866-417-9155 • ext. 1005
Liz@advancedcybersecurity.com
Michael Schneider
First Data
212-515-0290
Michael.Schneider@firstdata.com
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My comments are only my opinion and are not to be used for investment advice.
Please conduct your own due diligence before choosing to buy or sell any stock.
Never argue with stupid people, they will drag you down to their level and then beat you with experience.
Get .... PrivacyLok https://cyberidguard.com/
Try SafeVchat: https://cyberidguard.com/
My comments are only my opinion and are not to be used for investment advice.
Please conduct your own due diligence before choosing to buy or sell any stock.