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HFTP Joins PCI Security Standards Council as Newest Participating Organization

HFTP to participate in key standards-setting body protecting payment cardholder data


AUSTIN, TEXAS, USA (JUNE 17, 2011) — Hospitality Financial and Technology Professionals (HFTP®) announced today that it has joined the PCI Security Standards Council (SSC) as a new participating organization. As a participating organization, HFTP will work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards. Recognizing the need for the hospitality industry to have a voice regarding PCI compliance, HFTP joined the Council as an industry advocate.
 
The PCI DSS, endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity. More information on the council and the standard can be found at www.pcisecuritystandards.org

As a Participating Organization, HFTP will now have access to the latest payment card security standards from the Council, be able to provide feedback on the standards and become part of a growing community that now includes more than 600 organizations. In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against data criminals. By joining as a Participating Organization, HFTP is adding its voice to the process.

“Hospitality companies attract credit card hackers and our segment requires special solutions to PCI compliance. It is important for HFTP to be a part of the PCI SSC and represent the hospitality industry,” said Frank Wolfe, CAE, CEO of HFTP. “There is a general lack of understanding of how the hospitality industry operates and that creates problems. Our participation on the Council will help initiate a dialogue between all parties and give the industry a voice regarding PCI compliance.”

“The PCI Security Standards Council is committed to helping everyone involved in the payment chain protect consumer payment data,” said Bob Russo, general manager of the PCI Security Standards Council. “By participating in the standards setting process, HFTP demonstrates they are playing an active part in this important end goal.”

Russo will be speaking at HITEC 2011 during the “PCI Compliance Roundtable Update” and discussing how the PCI SSC is handling security issues within the hospitality industry. The “PCI Compliance Roundtable Update” is on Monday, June 20 from 11:30 a.m. to 12:30 p.m. at the Austin Convention Center in Austin, Texas. This session is open to anyone – conference organizers recognize the importance of the subject matter and are allowing all interested parties to attend, HITEC badges are not required. Visit www.hitec.org for complete information about all conference and exhibition events.

HFTP will work with the Council to continue its efforts to educate the hospitality industry on credit card security. For more information about HFTP’s initiatives, please contact Katy Walterscheidt, HFTP public relations and social media manager at katy.walterscheidt@hftp.org, (800) 646-4387 or +1 (512) 249-5333 x27.

About PCI Security Standards Council
The mission of the PCI Security Standards Council is to enhance payment account security by driving education and awareness of PCI security standards. For more information, please visit www.pcisecuritystandards.org

About HFTP
HFTP, Austin, Texas, USA and Maastricht, The Netherlands, founded in 1952, is the global professional association for financial and technology personnel working in hotels, clubs and other hospitality-related businesses. HFTP provides first class educational opportunities, research, and publications to members around the globe including, the premiere hospitality technology conference HITEC--founded in 1972. HFTP also awards the only hospitality specific certifications for accounting and technology --the Certified Hospitality Accountant Executive (CHAE) and the Certified Hospitality Technology Professional (CHTP) designations. HFTP was founded in the USA as the National Association of Hotel Accountants.

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Contact: 

Katy Walterscheidt 
Media/Public Relations Specialist 
Hospitality Financial and Technology Professionals (HFTP) 
11709 Boulder Lane, Ste. 110 | Austin , TX USA 78726-1832 
Ph: +1 (512) 249-5333
(800) 646-4387 (US) x27
Fx: +1 (512) 249-1533
http://www.hftp.org/

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