Licel, a global mobile channel protection company, has joined the PCI Security Standards Council as an Associate Participating Organization. Licel will leverage its expertise in securing mobile payments to contribute to the development of PCI’s security standards. The company aims to work with PCI SSC to enhance payment data security globally through the ongoing evolution and adoption of PCI Security Standards.
The PCI SSC is a worldwide initiative that focuses on enhancing payment security by establishing flexible, industry-driven data security standards and programs. Collaboration among industry leaders is crucial to achieving this goal. The Council’s Participating Organizations program brings together experts to strategize on protecting payment data from emerging threats and meeting the needs of a constantly changing payment landscape.
Over the past 14 years, Licel has been dedicated to safeguarding mobile banking applications, mobile wallet apps, and SoftPOS solutions from evolving threats. The company’s suite of trusted products, including the Licel vTEE, a virtual trusted execution environment, provides advanced security for sensitive transactions and operations on applications. The Licel vTEE has been evaluated and approved for use on both Android and iOS platforms by EMVCo, assisting organizations in complying with standards like PCI MPoC.
“Ivan Kinash, the co-founder and CEO of Licel, expressed enthusiasm about the partnership with PCI SSC, highlighting the alignment of their objectives. Licel looks forward to sharing insights on evolving attack methods and essential protection mechanisms for developers to integrate into their applications. The company envisions a world where mobile technology can be embraced without fear, viewing this partnership as a significant step towards that vision.
As an Associate Participating Organization, Licel will contribute to the standards development process, collaborate with a growing community to enhance payment security globally, recommend new initiatives to the PCI Security Standards Council, and share industry experiences and best practices at annual PCI Community Meetings.
Gina Gobeyn, Executive Director of the PCI Security Standards Council, emphasized the importance of PCI Security Standards and resources in helping organizations secure payment data and prevent costly data breaches in today’s era of sophisticated cyber attacks. Licel Joins PCI Security Standards Council to Enhance Global Payment Security
Licel, a leading global mobile channel protection company, has recently become an Associate Participating Organization with the PCI Security Standards Council. This partnership allows Licel to actively contribute to the improvement of payment security on a global scale by promoting awareness and adoption of PCI Security Standards. The Council is thrilled to welcome Licel, especially considering their expertise in securing mobile payments.
About Licel:
Licel is at the forefront of mobile channel protection, offering innovative solutions such as anti-malware, device intelligence, API protection, and virtual trusted execution environments. Their cutting-edge technologies are instrumental in securing the future of mobile banking, digital wallets, SoftPOS solutions, and more. With over 12 billion instances of protected applications and around 310 million mobile banking users, Licel is a trusted name in the industry.
About the PCI Security Standards Council:
The PCI Security Standards Council is a global organization dedicated to enhancing payment security by providing industry-driven data security standards and programs. Their efforts help businesses detect, mitigate, and prevent cyberattacks and breaches. Connect with the PCI SSC on LinkedIn and follow them on X (formerly Twitter) @PCISSC. Stay updated by subscribing to the PCI Perspectives Blog and listening to the Coffee with the Council podcast.
For media inquiries, contact:
Tom Cross, Head of Content and Communications at Licel
Email: [email protected]
Phone: +44 2032 894 888
In conclusion, Licel’s partnership with the PCI Security Standards Council highlights their commitment to advancing payment security globally. Through their innovative solutions and industry expertise, Licel is making significant contributions to safeguarding mobile transactions. This collaboration sets a strong foundation for future advancements in payment security and underscores the importance of industry cooperation in combating cyber threats. Stay engaged with Licel and the PCI SSC for the latest updates on payment security advancements and best practices.
