Newsletter November 2014

Encryption of Data at Rest

UniData, our database of choice for AusVantage and DISTRIB provide sophisticated encryption technologies to aid us in meeting data security requirements. These requirements can be divided between securing “data in transit” (data moving between client and server or across a public or private network) and securing “data at rest” (data stored on disk media, backup tapes, CD-ROM, or other static media). The U2 database products provide encryption options appropriate for addressing both of these requirements.

Utilizing a new graphical interface, administrators can create the security rules needed for your organization, thus protecting sensitive information at the field or record level. We can encrypt individual fields of a file, like the CREDIT CARD NUMBER, with little or no programming changes.

For any UniData customers who need to comply with government regulations or organisational polices, we encourage you to give us a call so we can discuss how we may be of service to your business. Please call and ask for Craig on: (03) 8804 0804 or email us at: info@uniware.com.au

Does your payment gateway comply with PCI data security standards?

Financially motivated criminals are using increasingly sophisticated techniques to obtain customer account information, therefore it is critical that merchants implement rigorous controls to minimise the risk of being the subject of an Account Data Compromise (ADC). If you are a merchant that accepts payment cards, you are required to be compliant with PCI Data Security Standards. You can find out your exact compliance requirements only from your payment brand or acquirer.

The Payment Card Industry (PCI) Security Standards Council is a global industry initiative and membership organization focused on the protection of payment card data. They work with their members to create Data Security Standards (DSS) and best practice guidelines for businesses of all sizes to use in protecting their customers’ payment card information.

PCI Data Security Standards comprise of 6 logically related core principles accompanied by 12 requirements as seen below.

These standards apply to all businesses, however the scope of your assessment changes depending on what solution you use and how you operate your business. Compliance to these standards greatly reduces the possibility of being subject to a breach and in turn protects your businesses reputation and ensures you retain customer confidence in your brand.

According to the PCI Security Standards Council, an estimated 70% of credit card fraud attacks are targeted at small businesses.  Merchants face the potential of many negative forces from a breach of cardholder data. Some of these include (but not limited to):

  • Fines and penalties
  • Termination of ability to accept payment cards
  • Lost confidence, so customers go to other merchants
  • Lost sales
  • Cost of reissuing new payment cards
  • Legal costs, settlements and judgments
  • Fraud losses
  • Higher subsequent costs of compliance
  • Going out of business

A data breach may exposes your clients sensitive payment card information and subsequently place your company`s reputation at serious risk. At Xceed, we are committed to providing our clients with every assistance in protecting their business from the growing threat of data compromise. We comply with PCI Data Security Standards in order to protect customer information and your business. To know more on how we can assist your business, please contact us on: (03) 8804 0804 or email us at: info@xceed.com.au

Tips from the helpdesk part 1: How to view foreign currency exchange rate history

On versions of Ausvantage up to 2.8.4 (prior to V8), “Exchange Rate History” is under System Data Maintenance:

This screen shows for each currency its exchange rate and the last date the exchange rate was modified. A right-click allows the detailed history to be shown for the selected currency.

Please see the next section for the AusVantage V8 version.

Tips from the helpdesk part 2: How to view foreign currency exchange rate history

 

In AusVantage V8, the option Exchange Rate History is in System Data Maintenance -> General Code Definitions.

The screen below is used to display previous exchanges rates of the pre-defined foreign currencies. This screen shows for each currency its exchange rate and the last date the exchange rate was modified.

Once in this screen, a user can expand the “+” icon next to the currency code you want to view and it will list the history.

If you have any questions on how to re-open/close a GST period, please contact us on: (03) 8804 0804 or email us at: info@uniware.com.au

Contact Uniware

Head Office
19 Walkers Road
Nunawading, Vic 3131
Ph: 1800 338 880
info@uniware.com.au

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