Foregenix, a UK payment security firm, announces today that it is one of the first Qualified Security Assessors (QSA) to be accredited by the Payment Card Industry Security Standards Council (PCI SSC) as having the capability to guide and assess payment applications against its Point-to-Point-Encryption standards (P2PE). The P2PE standard lays out the requirements for Point-to-Point- Encryption solutions and is designed to reduce the scope of PCI DSS assessments for merchants that use them. P2PE solutions focus on ensuring cardholder data is secured from the point of transaction all the way to the processor.

“With this new accreditation, Foregenix is well positioned to help companies that are looking to validate their payment applications against the P2PE standard in the very near-term, as well as being able to assist merchants looking to reduce their risk and PCI DSS overhead,” said Foregenix director Benj Hosack.