|Guidewire Achieves Payment Card Industry Data Security Standard (PCI-DSS) Compliance and is Named a Visa Third-Party Agent|
PCI DSS Compliance helps ensure financial data security for P&C insurers and their policyholders
“Data security remains a top area of concern for insurers when moving
their mission-critical systems to the cloud,” said
“We are doing the hard work needed to assure our customers that their
policyholder credit card transactions are secure as they move to
Guidewire Cloud,” said
“Completing a PCI ROC and obtaining a PCI AOC (Attestation of
Compliance) demonstrates the commitment Guidewire is making towards
ensuring that the financial data we manage on behalf of our customers in
Guidewire Cloud, remains secure,” said
* PCI DSS, PCI ROC –The Payment Card Industry Security Standards Council (PCI SSC), comprised of the five major credit card networks, created the PCI Data Security Standard (PCI DSS) to improve the security of cardholder information and to facilitate global consistency in data security standards. The PCI DSS is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. It consists of 12 categories of requirements and testing procedures to ensure that these requirements are met. In terms of validating that a cloud service is compliant with the PCI DSS, service vendors can complete a PCI Self-Assessment Questionnaire (SAQ) or, to provide independent validation, they can hire a third-party Qualified Security Assessor (QSA) to produce a Report of Compliance (ROC). Guidewire has done the latter.
Guidewire has previously announced its successful completion of independent SOC 1 and SOC 2 Type 2 compliance audits for Guidewire InsurancePlatform™ products hosted via Guidewire Cloud™, the company’s cloud environment. Additional Guidewire viewpoint on the data security topic can be accessed here.
Guidewire delivers the industry platform that Property and Casualty (P&C) insurers rely upon to adapt and succeed in a time of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and grow their business. We are privileged to serve more than 350 companies in 32 countries. For more information, please visit www.guidewire.com and follow us on twitter: @Guidewire_PandC.
NOTE: All products mentioned in this announcement are Guidewire products. For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
Diana Stott, Director, Communications