GM Sectec, a prominent figure in payment security, has joined forces with Sumo Logic, a leading SaaS analytics platform, to unveil a groundbreaking partnership aimed at creating Security Analytics. This innovative SIEM (Security Information and Event Management) solution is designed to adhere to the forthcoming PCI DSS 4.0 compliance standards, a global mandate that will replace 3.2.1 for all entities engaged in the storage, processing, or transmission of credit card data.
Overseen by major card brands including Visa, Mastercard, American Express, Discovery, and JCB, the Payment Card Industry Data Security Standards (PCI DSS) adds a layer of protection to cardholder data through a defense-in-depth model. With Requirement 10 of the updated PCI DSS 4.0 set to take effect between March 2024 and March 2025, organizations will be mandated to possess an automated 24x7 SIEM solution to centralize the storage and interpretation of safety-relevant data. Powered by Sumo Logic's Cloud SIEM solution, the Security Analytics offering empowers enterprises to effortlessly navigate through data clutter, promptly respond to emerging threats, and enhance protection while demonstrating compliance in a cost-effective manner.
Hector Guillermo Martinez, President of GM Sectec, expressed enthusiasm about the collaboration, stating, "Our clients look to us to simplify the PCI compliance and renewal process, and PCI 4.0 is one of the biggest and most challenging changes in cybersecurity in recent years. We are excited to work with Sumo Logic and believe that this 'Better Together' partnership provides a unique SIEMaaS solution, to complement the PCI expertise of the GM Sectec QSA team."
The partnership between GM Sectec and Sumo Logic aims to deliver a scalable, dependable, and high-performance SIEMaaS (SIEM as a Service) solution, assisting clients in meeting the upcoming PCI DSS 4.0 standards. This partnership streamlines compliance efforts by facilitating more straightforward management and accelerated workflows, encompassing data retention, security, and access control. Leveraging GM Sectec's acclaimed managed services alongside Sumo Logic's Cloud SIEM, which empowers SOC (Security Operations Center) teams to enhance security operations using an intuitive, collaborative cloud-native platform.
Timm Hoyt, SVP of Global Channels and Alliances at Sumo Logic, highlighted the collaborative synergy, stating, "Sumo Logic and GM Sectec are building on their success in delivering value to enterprise customers and combining their strengths to create compelling security offerings that will enable customers to run their businesses more securely and enable a strong compliance posture."
With over 50,000 customers spanning across 50+ countries worldwide, GM Sectec boasts a formidable reputation for its stringent standards of Security, Availability, and Confidentiality. The company holds prestigious certifications, including SOC 2 Type 2 Service Organization, CSAA Certified, PCI Qualified Security Assessor, and many more, affirming its commitment to excellence in the security domain. ###