Visa and FireEye has join hands to help merchants and issuers protect against advanced cyber attacks targeting payment data by providing tools and services.
The merchants and issuers can quickly detect and respond to attacks against their IT and payment infrastructure.
FireEye will operate the easy-to-use web based service to enhance stakeholders’ knowledge of attacks targeting the ecosystem.
Visa and FireEye will provide advanced cyber protection capabilities for merchants of all sizes.
Both the companies initially plan to offer tools that will provide greater cyber intelligence and enhanced threat monitoring and will continue to work together, along with FireEye’s cyber forensics group Mandiant, to add more capabilities.
Additionally, enhanced monitoring of malicious attacks and suspicious payment activity will help in alerting merchants of potential compromises.
“This new collaboration brings together two industry leaders to help protect merchants and payment data and minimize the impact of attacks by sharing information,” said David DeWalt, CEO of FireEye.
“By combining Visa’s unparalleled view into global payments and FireEye’s industry-leading cyber security expertise, we intend to bring faster, actionable intelligence directly to players across the payments system,” said Charlie Scharf, CEO of Visa Inc.