Blackboard Strengthens Data and Application Security for Campus Commerce and Card Platform
06 Agosto 2009 - 3:00PM
PR Newswire (US)
Blackboard Transact Meets New Payment Card Industry Standards
WASHINGTON, Aug. 6 /PRNewswire-FirstCall/ -- Blackboard Inc.
(NASDAQ: BBBB), a global leader in education technology, today
announced the general availability of Release 3.5 of Blackboard
Transact(TM), a milestone effort that strengthens data and
application security for campus commerce and card programs and
enables institutions to confidently process credit card
transactions while meeting new industry standards well ahead of the
deadline for compliance. Blackboard Transact(TM) is used by
hundreds of colleges and universities to support campus commerce
and security management. Release 3.5 complies with the Payment
Application Data Security Standard (PA-DSS) both in application
architecture and written operating procedures. Release 3.5 received
validation from Trustwave, a leading qualified security assessor
company, and acceptance from the Payment Card Industry (PCI)
Security Standards Council. With the release, institutions can host
the application and process credit card transactions in a manner
that assists in meeting their own compliance validation with the
Payment Card Industry Data Security Standard (PCI-DSS) well in
advance of the July 2010 deadline for institutions to only use
PA-DSS-compliant applications in their payment environments.
"Payment application security compliance is a very important
initiative for our university," said Stacie Gomm, Associate Vice
President for Information Technology at Utah State University. "Our
Controller's office is driving this initiative to ensure that all
of our financial systems and processes are PCI compliant. The
enhanced security features of the Blackboard Transact platform are
an important step towards compliance for our campus-wide ID card
solution." "This release is a significant milestone for the clients
we serve," said David Marr, President and Chief Operating Officer
of Blackboard Transact. "We remain steadfast in our commitment to
being a leader in delivering applications that comply with these
evolving data security standards. Further, we are excited to also
deliver new functionality that enables institutions to serve their
communities more efficiently, effectively and securely." Blackboard
Transact is an integrated technology platform that helps
organizations to meet their commerce and security management needs,
enhance the student experience and overall campus safety, and
streamline business operations while increasing revenue. The
Blackboard Transact platform includes capabilities within two
integrated modules: -- Commerce Management: facilitates campus ID
card issuance, on-campus, off-campus, and online commerce, cashless
payment processing for dining, bookstore, vending, laundry, copy,
print and parking services, financial reporting, and self-service
account management. -- Security Management: monitors all campus
activity using integrated door access control, video surveillance
and mass notification capabilities. In addition, Release 3.5
introduces new capabilities to support enterprise-wide compliance
policies and risk management and adds a range of new capabilities
including improved database audit logging, user account and
password features including forced complex passwords, limited
repeat access attempts, account deactivation after 90 days of no
use and completely re-written user documentation. For more
information about Blackboard Transact solutions, please visit
http://www.blackboard.com/transact. About Blackboard Inc.
Blackboard Inc. (NASDAQ:BBBB) is a global leader in enterprise
technology and innovative solutions that improve the experience of
millions of students and learners around the world every day.
Blackboard's solutions allow thousands of higher education, K-12,
professional, corporate, and government organizations to extend
teaching and learning online, facilitate campus commerce and
security, and communicate more effectively with their communities.
Founded in 1997, Blackboard is headquartered in Washington, D.C.,
with offices in North America, Europe, Asia and Australia. Any
statements in this press release about future expectations, plans
and prospects for Blackboard and other statements containing the
words "believes," "anticipates," "plans," "expects," "will," and
similar expressions, constitute forward-looking statements within
the meaning of The Private Securities Litigation Reform Act of
1995. Actual results may differ materially from those indicated by
such forward-looking statements as a result of various important
factors, including the factors discussed in the "Risk Factors"
section of our Form 10-Q filed on May 7, 2009 with the SEC. In
addition, the forward-looking statements included in this press
release represent the Company's views as of August 6, 2009. The
Company anticipates that subsequent events and developments will
cause the Company's views to change. However, while the Company may
elect to update these forward-looking statements at some point in
the future, the Company specifically disclaims any obligation to do
so. These forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to
August 6, 2009. DATASOURCE: Blackboard Inc. CONTACT: Matthew
Maurer, Blackboard Inc., +1-202-463-4860 ext. 2637, Web Site:
http://www.blackboard.com/
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