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VeriFone Partners with ArcSight for PCI Compliance Automation

Fri Jan 11, 2008 8:00am EST
VeriFone Recommends ArcSight PCI Protection Suite to its Level 1
                            and 2 Merchants
SAN JOSE, Calif.--(Business Wire)--VeriFone Holdings, Inc. (NYSE: PAY) today announced a worldwide
partnership with ArcSight, aimed at enabling merchants in retail and
petroleum markets to proactively protect cardholder data against
breaches, insider threats, and non-compliance risk across the Payment
Card Industry Data Security Standards (PCI DSS) rules and regulations.

   As part of the partnership, VeriFone's sales force will join with
ArcSight's to introduce merchants from the VeriFone customer base that
can directly benefit from the ArcSight PCI Protection Suite.

   "PCI compliance is a nightmare-issue for companies struggling to
keep up with evolving PCI security requirements, which are difficult
and costly to implement, maintain, and monitor across distributed
networks," said Jeff Wakefield, VeriFone vice president of marketing,
Integrated Systems. "The ArcSight offering directly addresses all 12
PCI DSS mandates and provides a real-time monitoring and early-warning
breach detection system, and is a key part of VeriFone's initiative to
both educate and assist the industry about payment security
compliance."

   "This partnership brings ArcSight's proven and scalable technology
solution to VeriFone's global customer base of Level 1 and 2 merchants
that desire to achieve PCI Compliance and protect their brand and
customer information," said Tom Reilly, president and COO of ArcSight.
"ArcSight is fortunate to partner with VeriFone, a world class
organization committed to the success of their customers and
partners."

   The ArcSight PCI Protection Suite is a comprehensive, scalable and
cost-effective solution for protecting cardholder data and monitoring
ongoing PCI compliance. Level 1 and 2 merchants across the retail,
transportation, telecommunications, medical, and financial markets
have already selected the ArcSight PCI Protection Suite to secure
their customers against the growing global threats to cardholder
identity and data privacy. Level 1 and Level 2 merchants that are in
interested in the solution can contact either their VeriFone or
ArcSight local representative.

   Additional Resources:

   http://www.arcsight.com/pci-protection-suite.htm

   About ArcSight

   ArcSight is a leading provider of security and compliance
solutions that intelligently identify and mitigate business risk and
deliver a centralized view of enterprise-wide events across
heterogeneous infrastructures. This real time and historic view into
external attacks, insider threats and regulatory compliance provides
enterprises, MSSPs and government agencies with the intelligence and
response capabilities required to effectively protect and manage their
networks and their businesses. For more information, see
www.arcsight.com. ArcSight is a trademark of ArcSight, Inc.

   About VeriFone Holdings, Inc. (www.verifone.com)

   VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY) is the global
leader in secure electronic payment solutions. VeriFone provides
expertise, solutions and services that add value to the point of sale
with merchant-operated, consumer-facing and self-service payment
systems for the financial, retail, hospitality, petroleum, government
and healthcare vertical markets. VeriFone solutions are designed to
meet the needs of merchants, processors and acquirers in developed and
emerging economies worldwide.

VeriFone Holdings, Inc.
Public Relations
Pete Bartolik, 508-283-4112
pete_bartolik@verifone.com

Copyright Business Wire 2008



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