September 25, 2013
FireHost, a secure cloud hosting company, is further protecting payments processing cloud applications with its Payment Island solution, the company said in a news release. By decoupling credit card databases and transactional applications from monolithic IT environments, institutions responsible for storing, processing or transmitting credit card data can reduce their scope of compliance, provide better security, and achieve audits faster by reducing the risk profile associated with cardholder data. Presently, FireHost processes more than $20 billion dollars in transactions per year.
Kurt Hagerman, director of information security for FireHost, said that by improving performance within the cloud environment, a Payment Island provides responsible organizations with a safe haven for regulated payment card data. This kind of advanced protection requires specialized tools and expertise, and navigating these cyber threats and the regulatory landscape should only be trusted to a secure, managed cloud IaaS. FireHost Payment Islands were created to mitigate its customers’ compliance burden by decoupling their regulated data from their own IT environments, thus reducing risk.
By isolating the payment engine through network segmentation, Payment Island essentially provides a data vault for businesses that process transactions in the cloud. By cross-connecting into a customer’s own infrastructure within a data center and storing data outside typical administrative permission controls, the service eliminates latency and scales to provide resources on demand.
Read more about PCI compliance.