Prepaid Debit Company Receives Recognition from VeriSign for Compliance with Data Security Measures AUSTIN, Texas, July 31 /PRNewswire/ -- NetSpend, one of the premierproviders of prepaid solutions in the United States, announced that itpassed a second annual security audit by VeriSign Global SecurityConsultants to achieve compliance with VISA's and MasterCard's requirementsfor participation in their financial networks. "NetSpend has committed itself to securing our systems and protectingcustomer data and we are pleased that VeriSign has recognized our efforts,"said Steve Fussell, NetSpend's chief technology officer. "In fact, weagreed to collaborate, at VeriSign's invitation, in producing andpublishing a case study as an example of good practices for theimplementation of PCI from the perspective of a prepaid card processor andprogram manager." The case study is available at http://www.verisign.com. Fussell said NetSpend's security prowess is attributable to its people,processes and technology. The company's security team has more than 25years of combined information security experience and possesses severalcertifications of expertise, including Certified Information SystemsSecurity Professional Certification, Global Information AssuranceCertification, Certified Intrusion Analyst, GIAC Certified IncidentHandler, GIAC Certified Forensic Analyst and EC-Council Certified SecurityAnalyst certification. NetSpend has assembled a comprehensive and robust approach toinformation security. It has over 35 different policy documents and uses inexcess of twenty different software tools to manage its overall informationsecurity processes. "We asked NetSpend to work with us in developing our case study becauseVeriSign believes NetSpend's security program is worthy of emulation byother companies readying themselves for the Payment Cards Industryassessment required by VISA and MasterCard," said Branden R. Williams,CISSP, CISM, senior consulting manager, PCI practice lead, VeriSign. "Forinstance, because of NetSpend's preparation, an audit that could have takenthree weeks was completed in only four days. NetSpend is the first prepaiddebit card marketer and processor we have profiled in this way." About NetSpend Corporation NetSpend Corporation is one of the premier providers of innovative,accessible prepaid debit cards that enable financial freedom forself-banked consumers. Grounded by a mission of financial empowerment.NetSpend is committed to meeting its customers' financial services needs ontheir terms while offering the convenience, security and acceptance ofconventional financial services. NetSpend's proprietary processing platformallows it to support prepaid card programs end-to-end from customeracquisition and card fulfillment to customer service and risk management.The NetSpend(R) Prepaid Card Network includes leading consumer brands andcompanies serving the un-banked and under-banked markets, and its strategicrelationships include card issuers, EFT networks and payment cardassociations. For more information, visit http://www.netspend.com. About VeriSign VeriSign, Inc. (Nasdaq: VRSN), operates digital infrastructure servicesthat enable and protect billions of interactions every day across theworld's voice and data networks. Additional news and information about thecompany is available at http://www.verisign.com. Contact: Amy Shields or Meghan Butler GCI Read-Poland for NetSpend Corporation ashields@gcigroup.com or mbutler@gcigroup.com (512) 542-2839 or (512) 542-2836
