Logic Matters - Managing Information & Transactions Securely

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Logic Matters - Managing Information and Transactions Securely

Welcome to the eighth edition of Logic Matters, The Logic Group’s online newsletter for clients and partners. Security is a critical concern for The Logic Group and this is a theme running throughout this edition of Logic Matters, which covers news of our Managed Services receiving PCI certification, enhancements to our PCI consultancy offerings, news from MasterCard on their SecureCode™ payer authentication initiative as well as other developments at The Logic Group.

	The Logic Group Leads the Way on PCI Data Security Standard The Logic Group’s Managed Service has recently been certified as compliant with the new Payment Card Industry Data Security Standard (PCI DSS) as required by Visa and MasterCard. This is Europe’s first compliant true multi-channel managed service, covering point of sale, mail order telephone order (MOTO) and Internet payment processing.
	MasterCard Raises the Bar for Online Security Concern has long been growing over the alarming growth in Internet card fraud, which has now increased in the UK by 21% to £183 million pounds annually. In response to this, MasterCard have announced that after June 2007 online merchants will no longer be able to process Maestro debit transactions unless they support MasterCard's payer authentication initiative, SecureCode™.
	The Logic Group PCI DSS Compliance Programme Following the announcement of its partnership with leading Qualified Security Assessor (QSA) AmbironTrustWave in the last edition of Logic Matters, The Logic Group has disclosed further details and enhancements to its PCI Compliance Programme. As an exclusive offer to a restricted number of clients, The Logic Group is currently offering three-months worth of free network scans through the portal.
	Best Practice in Information Security The arrival of Visa and MasterCard's Payment Card Industry Data Security Standard (PCI DSS) amounts to much more than just another standard. Unlike many other regulations, it provides clear guidelines on what must be done, making it an invaluable source of best practice information.
	The Multi-Channel Future Last Christmas saw Internet sales rise by 50% compared with the same period the year before, as more than half of UK consumers made purchases online. While retailers are increasingly coming to respond to these trends and adopt multi-channel approaches, cross-channel integration has still lagged behind and issues like loyalty, payments and card fraud all now need to be considered from a multi-channel perspective.
	Retail Solutions in Review This year’s Retail Solutions proved to be an important milestone for industry awareness and recognition of the Payment Card Industry Data Security Standard (PCI DSS). Logic Group Chairman Gareth Wokes underlined the importance of PCI DSS compliance in a keynote presentation given jointly with MasterCard’s Paul Baker.
	New Faces in Sales Logic Group clients and partners can look forward to working with some fresh faces in the expanded sales team, with the appointment of two new Business Development Managers, Chris Andrews in the partner team and Sara Perrin in sector sales.