comforte AG

13.06.2024 - 09:00:07

German Software Company comforte AG Receives International Award: Excellence in Cybersecurity for Banks and Payment Service Providers

EQS-Media / 13.06.2024 / 09:00 CET/CEST

German Software Company comforte AG Receives International Award:
Excellence in Cybersecurity for Banks and Payment Service Providers Comforte AG has once again received a Cybersecurity Excellence Award with recognition for its Banking and Payment Solutions.. The Wiesbaden-based market leader for data-centric security has been consistently recognized on the winners’ podium for this award since 2020. Amongst this prestigious group of the world’s largest community of cybersecurity experts, comforte AG has been selected as a Globee Awards Grand Winner of the Cybersecurity Global Excellence Awards in 2021 and as a Cyber Security Excellence Awards winner in 2020. More recently, comforte AG stood atop the podium in 2022 across three different categories against nearly 1000 competitors: Best Data Security Company, Best Data Security Platform, and Best Security Platform. In 2024, Comforte received Award of the Year in for its banking and payment solution. This recent recognition highlights the company's data security expertise in the areas of banking & finance and retail. Its customers have long included VISA and Mastercard, as well as many of the world's leading banks and retailers. These industries are striving to achieve compliance with PCI DSS v4.0, which is set to take effect in March 2025. Fortunately, comforte’s award winning solutions are strategically designed to support the modern banking sector with features and capabilities to ensure the secure handling of sensitive data in accordance with new PCI regulatory requirements and other compliance mandates. Comforte’s Data Security Platform delivers end-to-end data protection over cardholder and other sensitive payment data at-rest, in-transit, or in-use. This vastly reduces the risk of data breaches and unauthorized access incidents which not only carry severe consequences in and of itself, but also mitigate costly fines and legal ramifications for PCI non-compliance. By adopting techniques such as tokenization or format-preserving encryption, organizations can use data-centric security to simultaneously adhere to regulatory requirements while also supporting organizational initiatives and business growth. To add, ACI Worldwide—one of the largest providers of real-time payment software solutions and is listed on NASDAQ—realized these benefits and is promoting comforte’s award-winning banking solutions to support its 8000+ customer base which complex regulatory challenges and critical security needs. Overall, comforte offers cutting-edge data-centric security solutions that help accelerate banking modernization and optimize cloud adoption. By unlocking the full potential of data, banks can increase customer value and drive innovation through AI, machine learning and other technologies, while ensuring regulatory compliance and trust in data governance. Encryption and other data protection technologies mitigate the risks of cyberattacks, strengthens security posture, streamlines operations, and reduces administrative overhead and other expenses. About comforte AG comforte AG is a leading provider of data-centric security technology. Today, more than 500 Enterprises worldwide rely on its tokenization and format-preserving encryption capabilities to secure the sensitive data that they have been entrusted with. The comforte Data Security Platform seamlessly integrates into most modern cloud-native environments as well as traditional core systems. No matter where your data is, it helps you discover, classify and protect it. With more than 20 years of experience in data security and protection of truly mission-critical systems, comforte AG is the perfect partner for organizations who want to secure their growth by protecting their most valuable asset: data. For more information, visit comforte.com and follow comforte AG on LinkedIn and Twitter. Media Contact Thomas Stoesser | EVP Marketing | t.stoesser@comforte.com

Issuer: comforte AG
Key word(s): Information technology

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