Fast-growing Webjet Brings in CyberSource to Fight Online Fraud

MELBOURNE, AUSTRALIA, and SINGAPORE — May 17, 2010
CYBS Singapore Pte. Ltd., a wholly-owned subsidiary of CyberSource Corporation (NASDAQ: CYBS), today announced that CyberSource’s Decision Manager anti-fraud solution has been selected by Melbourne-based, award winning online travel agency Webjet Ltd.

“We chose CyberSource because of their global experience in the travel industry,” said Richard Noon, Webjet’s CEO. “This, coupled with their professional approach and comprehensive solution, helped make our decision very easy. We expect CyberSource Decision Manager to help us deliver the best possible service to our customers.”

Online EFTPOS

SecurEFT is the world’s newest secure online payment validation facility, which is already in use here in Australia by amongst others SportsBET.com.au as their preferred payment option for online, real - time EFT account transfers. "Since our launch we have had quickly risen to the top of their list of preferred payment methods" says Tony Lotsof, CEO of Secure EFT

PCI Compliance is just good practice.

When PCI was first introduced into the Australian market in 2004, our initial response was that it made good sense.   PCI addresses 12 key areas in a company relating to the security and handling of credit card information.  Nothing we found in the 12 key points were any different to how we wanted to operate our business – with secure systems and safe handling of data.

So why do we hear so much about PCI being too hard, too costly or just too inconvenient ?  Lack of understanding is one of the main issues, followed closely by being too busy with other (read “money making”) activities.  Yes, is it true that PCI Compliance does incur costs (both financial and time), but those costs are usually offset by having a more secure, more reliable and more efficient system.

So what is PCI ?

Why you can't afford NOT to do technical documentation!

A new product requires a lot of hard work and dedication, which we all know, but people often forget all the necessary documents required for both for legal and practical reasons that they need to accompany their products. In the payments industry especially, it is important to be PCI compliant, and have all documentation up-to-date. I have posted a link to a free white paper called "Why You Can't Afford to NOT Do Technical Documentation" on information about the benefits and necessities of documentation here: "Why You Can't Afford to NOT Do Technical Documentation"
Thanks!Jeffrey Shoap