Migration to the cloud presents myriad choices with different business opportunities and compliance challenges. Merchants at all stages of cloud adoption struggle with the implications of shared responsibility models and architectural choices. Coalfire has successfully advised and assessed Fortune 500 merchants with new, evolving cloud implementations.
Payment service providers
The cloud offers great business benefits for service providers – cost savings, IT flexibility and scalability, global reach, and new business models are just a few. However, they face two significant challenges when migrating or managing payment services in the cloud: Minimizing compliance risk and effort, and helping customers meet their compliance needs. We bring deep knowledge and experience to help our clients align their cloud strategies and compliance needs.
Cloud and managed service providers must support their customers’ (merchants and payment service providers) PCI compliance needs to differentiate themselves and maintain customer satisfaction. As more payments are performed online, CSPs need to understand how to maintain and simplify PCI compliance for their customers. Not only do we deliver assessment and documentation, we also partner with our clients to help address their compliance needs and position themselves to support their end users.
While many financial institutions are mature in their PCI standards adoption, often their environments consist of legacy internal systems that introduce complex challenges when migrating regulated workloads to the cloud. Current economic pressure is forcing many financial services organizations to use more agile cloud environments so they can benefit from reduced long-term operating costs associated with a public cloud. We help financial institutions realize the full benefits of cloud migration while remaining compliant and secure.
Reduce uncertainty around how PCI compliance is managed in the cloud.
We have unparalleled experience applying the PCI standards to cloud-based architectures. We are the assessor for several of the world’s largest cloud service providers. In addition to our core PCI services, we provide a variety of advisory services tailored to meet our clients’ unique situations, such as migrating to the cloud while maintaining PCI compliance, developing a PCI responsibility matrix (cloud providers), and conducting a gap analysis with remediation recommendations for organizations that recently migrated to the cloud.