Shift4 Corporation Releases White Paper Connecting the Dots Between Terrorism and Credit Card Information Theft

LAS VEGAS, Sept. 17 /PRNewswire/ -- Shift4 Corporation, a leading developer of enterprise payment solutions, today released a white paper connecting the dots between terrorism funding and credit card information theft. This free resource is authored by Dennis M. Lormel, retired Federal Bureau of Investigation (FBI) and current Managing Director of the Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) issues at IPSA International, Incorporated. Mr. Lormel was a featured speaker at Shift4's 2007 Real Security Summit and gave a compelling presentation regarding the terrorist connection to credit card information theft at that time. This white paper is a current follow-up on that presentation.

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"Everyone with responsibility for safeguarding credit card information and preventing credit card fraud must understand that they are engaged in the financial or economic component of the war on terrorism. Once compromised by terrorists, credit card information will be used to generate funding to support terrorist activity," Dennis Lormel, Managing Director, IPSA International, Inc.

"Terrorism and Credit Card Information Theft: Connecting the Dots" white paper details how credit card information theft and fraud represents a lucrative funding system for terrorists. As a resource of our financial system, credit cards serve as the means for the source and distribution of funds. This white paper discusses the best practices for the detection and prevention of cardholder data theft and fraud by terrorists.

"Shift4 is excited to offer this white paper to educate merchants on the connection between terrorism and credit card liability. In our effort to develop and implement security technologies that protect credit card information, Shift4's Card Information Replacement Technology(SM) (CIRT) helps merchants achieve Real Security because their system application is no longer handling real cardholder data," Randy Carr, Vice President of Marketing, Shift4 Corporation.

Shift4's DOLLARS ON THE NET(R) payment gateway is fully integrated with CIRT to remove credit card information from the point-of-sale (POS) and/or property management system (PMS) so merchants can quickly, accurately, and securely process credit, debit, and gift card transactions. CIRT provides Shift4 customers with a Payment Card Industry (PCI) code compliant payment system where no cardholder data is stored, transmitted or processed at the merchant level.

To further validate the connection between terrorism and the risk of credit card information theft, the PCI Security Standards Council Community Meeting in Orlando, Florida, on September 24 - 25, 2008 presents The Emerging Threats session where a leading counter-terrorism expert will provide an overview of emerging threats to data security.

While merchants may never deal with a terrorist, it is evident through this white paper that it is possible due to the fact that terrorists are regularly exploiting credit card vulnerabilities. For a free download of Shift4's "Terrorism and Credit Card Information Theft: Connecting the Dots" white paper visit http://www.shift4.com/whitepapers.htm.

About Shift4 Corporation

Shift4, a leading developer of secure financial transaction processing software and services, provides web-based, real-time enterprise payment solutions for leaders in the hospitality, retail, foodservices, auto rental and e-commerce markets. Through connectivity to most major processors, DOLLARS ON THE NET(R) provides both high speed and low cost authorizations and settlements for credit, debit, check, private label and gift card transactions. DOLLARS ON THE NET also includes the ability to access, review and edit transactions prior to settlement, as well as a searchable, 24-month archive of transactions for reporting and charge back defense. For more information, contact John Mann, Vice President of Sales, (702) 597-2480 x43200 or jmann@shift4.com, or visit http://www.shift4.com.

     Media Contacts

     Randy Carr
     Vice President of Marketing
     Shift4 Corporation
     702-597-2480 ext. 43300
     randy@shift4.com