CCAvenue partners with Indusface, selects IndusGuard to safeguard its online transactions

Asia's leading payment gateway to protect its sensitive data with next generation web security software. End Quote

(1888PressRelease) October 07, 2011 - Vadodara - Indusface, a leading end-to-end information security organization is pleased to announce that South Asia's leading payment gateway, CCAvenue has chosen Indusface's IndusGuard to provide an increased level of web security and protect the payment service it provides to its merchants thereby significantly increasing the overall value proposition given to their customers.

IndusGuard's cloud based service will enable CCAvenue to perform daily vulnerability assessment, web application audit, malware monitoring, and provide expert reports and remediation plans to keep their websites providing payment services to its merchants, secure, and running smoothly. IndusGuard provides a highly secure web environment, greatly reduces the time, risk and cost of finding and fixing web vulnerabilities, malware and allows you to meet compliance audit requirements.

"CCAvenue wants to ensure that the right security measures are put in place to safely secure customer data online. The number of financial transactions online has increased tremendously and will continue to do so. This makes it imperative to have the latest technology in place to ensure the security of our websites is checked daily. IndusGuard's revolutionary web security solution will effectively increase the level of security with which we have been continuously catering to our customers. IndusGuard combines exceptionally rich technology features to perform and maintain daily web checks with strong local support. In a short span of time, IndusGuard has become a product on which many key organizations look to effectively help secure their valuable web data. " Vishwas Patel, CEO, CCAvenue.

"India is at a tipping point with respect to e-commerce growth. Triple digit growth percentage over the next two years is anticipated in the online retail space. This is validated by the increasing trends that payment gateway companies see with respect to their daily online transactions, ever since more and more businesses have started moving a major portion of their operations online. This has also resulted in an increase in cases where data on websites have been compromised. As a result, the need for high level security is imperative. We are extremely happy to have gained the opportunity to help enable web security measures for South Asia's largest payment gateway, CCAvenue. Being chosen by CCAvenue reiterates the fact that stringent measures to secure web based information are the need of the hour for any kind of online presence." Ashish Tandon, Chairman & CEO, Indusface.

About Indusface

Indusface is a leading innovative, visionary and fast growing security organization in Asia providing Information Security Products, Solutions and Services to organizations across the globe.

We at Indusface help organizations make distinctive, lasting and substantial relationships with their customers, enabling them to improve and strengthen their security posture thereby achieving strategic information security objectives. This is accomplished with a unique 360 degree approach of assessing, securing and verifying businesses with a combination of comprehensive, world class products and solutions, latest technical methodologies, and service delivery innovation.

Indusface caters to more than 400 satisfied customers worldwide, which includes Fortune 500 organizations belonging to various industry verticals, and is also a key partner of global security providers. Indusface has been recognized by Deloitte, as a top 50 technology company in India and one of the 500 fastest growing companies in Asia Pacific.

About IndusGuard

IndusGuard, a zero touch, non intrusive, cloud based software provides daily monitoring which secures and safeguards websites, checks for systems and application vulnerabilities, and malware. IndusGuard is the world's first web security product to offer a perfect blend of vulnerability assessment, application audit and malware monitoring.

By leveraging a Security-as-a-Service (SaaS) architecture in the cloud, requiring no software/hardware installation whatsoever, IndusGuard is instantly accessible allowing customers to begin securing their website within minutes. An extension of IndusGuard is IndusGuard Premium, which combines the benefits of automated testing of IndusGuard and traditional manual approach to website testing. This proven unique approach is designed to provide the broadest and deepest security for websites.

Today, leading organizations across various industry verticals, whether they are small, medium or large enterprises, secure their websites using IndusGuard. These include customers from banking, financial services, government, healthcare, online retail, travel, entertainment and insurance to name a few.

About CCAvenue

CCAvenue is South Asia's largest payment gateway solution powering thousands of eMerchants with real time, multi-currency, multiple payment options online payment processing services. The solution is powered by proprietary technology that integrates transaction-processing, advance shopping cart, auction payment collection facility, fraud control, financial reporting and order tracking.

CCAvenue is the only complete PG solution in the region that has the unique ability to offer the full spectrum of Internet payment options including:
• Credit Card
• Debit Card
• ATM cum Debit Card Processing
• Net Banking (Indian, Chinese & Singaporean banks)
• Mobile Payment Solutions
• Cash Card Processing

Strengthened by their professional and qualified team, solid intellectual properties and their unique business model, CCAvenue has gained sustainable competitive advantage across various verticals in the e-commerce industry. Further, strong fundamentals like adherence to high quality standards, integrity and superior customer service have been the cornerstones of their success.

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