MagicCube, Security Standards Council, to improve security
MagicCube, the creator of the Software Trusted Execution Environment platform, has joined the PCI Security Standards Council, an organization leading global efforts to improve payment security through the provision of industry-driven data security standards and programs.
As a participating member MagicCube will assist with standards development and work with more than 800 organizations to improve global payment security through the development of the PCI Data Security Standard, an actionable framework for developing a robust payment card data security process that prevents, detects and mitigates criminal attacks and breaches.
“It is extremely important for us to join the council and work with their representatives on upcoming versions of the PCI Security Standards, especially the software-based PIN entry on mPOS requirements which we believe will be pivotal for our industry,” MagicCube cofounder and CEO and Sam Shawki said.