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CompanyProfile

ISO/MLS contact:
Gabriel Moynagh
Chief Executive Officer
+353 (0)1 495-1300
gabriel.moynagh@sysnetglobalsolutions.com
www.sysnetglobalsolutions.com

Secure, efficient, cost

effective IT, PCI compliance

stablished in 1989, IT security company Sysnet are customizable and include a white-labeled web portal
Global Solutions Ltd. offers products and ser- that helps ISOs manage compliance and merchant
vices of high relevance to payment profession- intelligence solutions while maintaining the look and
E als, including Payment Card Industry (PCI) brand of the ISO itself. Typically, the launch of such a
Data Security Standard (DSS) compliance and merchant white-labeled site takes only two weeks, the company
intelligence solutions. Living up to its name, it currently noted.
serves clients in more than 57 countries worldwide from
its Dublin, Ireland, headquarters and through offices in In addition, Sysnet offers ISOs a flexible service platform
the United States, United Kingdom, Poland, India and with Sysnet.air, which enables the ISO's merchant
South Africa. customers to go to a dedicated website to download anti-
virus software, access data protection insurance, and
Gabriel Moynagh, Chief Executive Officer of Sysnet access security tools.
said that merchants who comply with the PCI DSS not
only benefit by reducing the risk of costly data breaches, Worry free IT compliance services
but they also gain by not having to pay monthly For the less technical, Sysnet provides Proactive Data
noncompliance fees. Security, a managed security solution that does all
the heavy lifting for ISOs and their merchants so they
"The financial incentive for a merchant to become don't have to manage IT compliance by themselves, the
compliant with PCI is that when they don't do anything, company stated.
there is a good chance their ISO or financial institution
is charging them noncompliance fees for not being PCI "The PCI DSS requires customers to have security controls
compliant," Moynagh said. "What has happened over the in place with preferred security tools," Moynagh said. "It
years is a very large percentage of small businesses are can be quite daunting to someone who isn't technical.
getting levied noncompliance fees, which is a huge source When a merchant calls Sysnet and chooses to take the
of revenue for financial institutions." managed security solution, the customer is getting
handheld through the PCI experience, getting all of the
Additionally, Moynagh noted that after a network security tools they need to stop a breach. I think when a
intrusion that exposes payment card data and other merchant is using our Proactive Data Security they feel
sensitive information, the fines and fees levied upon like they have a good level of cybersecurity protection for
noncompliant merchants, ISOs and payment processors a reasonable price. They are doing all they can without
can cause them to go out of business. Those that survive spending a fortune. When you do this, then the customer
typically suffer significant and costly reputational has a more enjoyable experience, and the customer is less
damage, as well. likely to leave you."

Reliability in a flexible service platform
Sysnet Global Solutions is focused on continuing to devise
The Sysnet suite of services encompasses a range of ways to help ISOs and merchants gain more control of
products for ISOs, payment processors and merchants. The their compliance processes and put more money back
company prides itself on its comprehensive cybersecurity into their businesses. In contemplating the future of the
and IT resources backed by customer-focused support payments industry from a PCI perspective, Moynagh said
from expert, in-house staff ‒ all at what Sysnet considers Sysnet's managed security service offers a viable solution
to be a fair price. for ISOs that will eliminate a noncompliance revenue
stream and replace it with something that will add value.
Sysnet's ComplianceMaker product is focused on helping "Our mission statement is we want to stop breaches for
payment service providers secure their IT systems our customers, improve cybersecurity in small business
enterprise-wide. The company's set of security solutions and do great customer support," Moynagh said.

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