| [February 19, 2013] |
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Thales Achieves French MEPS Approval for payShield 9000
PARIS --(Business Wire)--
Thales,
leader in information systems and communications security announces that
its payShield
9000 hardware security module (HSM) has been validated to MEPS,
(Methode d'Evaluation des Produits Securitaire "bancaires"), a security
approval scheme used by the Cartes Bancaires (CB) banking ecosystem.
MEPS is an approval scheme used by the French banking industry. It was
developed by CB, an inter-bank and universal system of card payments and
cash-withdrawals. CB represents more than 8 billion transactions, some
130 banks or member payment institutions, 1.2 million merchants in
France and nearly 60 million cardholders. Cryptographic security
equipment intended for use by the member banks on their dedicated
payment networks must be certified as meeting the standards laid down
under MEPS.
Thales (News - Alert) payShield 9000 is deployed worldwide to help ensure the security
of global payments systems. It protects PINs and the cryptographic keys
used in Automatic Teller Machines (ATMs), Electronic Funds Transfer at
Point of Sale (EFTPOS),and interbank settlement schemes. payShield 9000
is certified to many national and international standards in addition to
MEPS, including FIPS 140-2 level 3 and PCI (News - Alert) HSM. It also conforms to the
global requirements of the credit and debit card schemes such as
MasterCard, VISA, JCB and American Express.
Vincent Marfaing, Thales vice president in charge of information
technology security activities says:
"As the leading provider of payments security, Thales has long
championed best practices and industry standards and MEPS certification
for our payShield 9000 demonstrates our commitment to achieving both
nationally and internationally recognized standards and compliance
requirements. It is vital that our customers have a high level of
confidence in the products they buy and independent review of a
product's security properties is a powerful tool in building that
confidence. MEPS approval now allows the Cartes Bancaires banking
community to take full advantage of our award-winning payShield 9000 HSM
to protect their payments networks".
Products intended for use on the banking networks in France are
submitted for evaluation by Groupement d'Intérêt Economique des Cartes
Bancaires (GIECB). This involves the submission of detailed design
documentation and other information about the security mechanisms
implemented. The evaluation seeks to determine that the product as a
whole provides sufficient security against attacks against the payments
infrastructure.
For industry insight and views on the latest payment security trends
check out our blogs www.thales-esecurity.com/blogs
Follow us on Twitter (News - Alert) @thalesesecurity
About Thales e-Security
Thales e-Security is a leading global provider of data encryption and
cyber security solutions to the financial services, high technology,
manufacturing, government and technology sectors. With a 40-year track
record of protecting corporate and government information, Thales
solutions are used by four of the five largest energy and aerospace
companies, 22 NATO countries, and secure more than 80 percent of
worldwide payment transactions. Thales e-Security has offices in
Australia, France, Hong Kong, Norway, United States and the United
Kingdom. www.thales-esecurity.com
About Thales
Thales is a global technology leader for the defence & security and the
aerospace & transport markets. In 2011 the company generated revenues of
€13 billion with 67,000 employees in 56 countries. With its 22,500
engineers and researchers, Thales has a unique capability to design,
develop and deploy equipment, systems and services that meet the most
complex security requirements. Thales has an exceptional international
footprint, with operations around the world working with customers and
local partners. www.thalesgroup.com

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