Visa International Forms Alliance with Application Security
Visa International has announced that it has formed a two year strategic alliance partnership with database security vendor Application Security, Inc. that includes making a minority investment in the firm.
"Whether a business is processing financial transactions or storing customer data, databases are the life-blood of most any organization," said Sarah Perry, senior vice president of Strategic Ventures at Visa International. "Because of this, databases demand dedicated security measures. We're pleased to be working with Application Security to define innovative solutions and ensure that we lead the industry in using the latest in database technology security. This alliance will benefit Visa, our financial institutions and merchants as well.""This alliance not only acknowledges the value proposition our products provide, but also validates the enormous opportunity in front of us," said Jack Hembrough, President and CEO of Application Security, Inc. "We look forward to working closely with Visa to help better protect businesses and their customers worldwide," Mr. Hembrough added.
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