PXP Financial strengthens risk monitoring with Foregenix

By Gloria Methri

PXP Financial, the specialist in global acquiring and payment, services, has announced a new partnership agreement with Foregenix, the expert in cyber security in payments, digital forensics, and PCI compliance.

Having acted as PXP Financial’s PCI auditor for almost 15 years, through this expanded partnership, Foregenix will now provide the company’s e-commerce clients with cyber security monitoring and protection.

The partnership agreement will see PXP help their e-commerce clients – across all sectors – by giving them the ability to get proactive with their e-commerce cyber security using Foregenix’s technology.

Dwaine Thomas, Deputy Chief Operating Officer at PXP Financial said, “We have long recognised Foregenix as an industry leader with an impressive breadth of expertise, in fact, PXP was an early adopter of the Foregenix Serengeti security monitoring service which offers endpoint monitoring and SOC service.

“When it comes to enabling e-commerce, taking a bespoke approach and becoming an extended member of the customer’s team is essential to building effective technology solutions. Like us, Foregenix is known for attention to detail and speed, and our teams are already working seamlessly together to bring this comprehensive offering to the market.

“This is an exciting next step in a very successful collaboration, which comes at a time when the threat landscape is evolving exponentially, and cyber-attacks are becoming ever more sophisticated. I look forward to strengthening our relationship with Foregenix and giving our customers even greater peace of mind with an enhanced risk management service.”

Foregenix spokesperson, Benjamin Hosack, Co-Founder & Director at Foregenix, added, “This partnership is a testament to our shared commitment to making cyberspace safe for us all. As the e-commerce ThreatScape evolves and changes, we see an increasing need for specialist cybersecurity solutions to keep e-commerce businesses secure and trading safely. We look forward to leveraging our many years of front-line digital forensics experience and our technology to support PXP Financial and its customers today and tomorrow.

“I am grateful for the opportunity to work with PXP Financial, and I look forward to continuing our long and successful partnership.”

During the time PXP has engaged Foregenix as a QSA for PCI-DSS Level 1 Audit, it has also become PCI-3DS certified and PCI P2PE certified for both version 2 and version 3. Foregenix has also provided penetration testing services to ensure PXP’s security protection is best-in-class.