Visa Extends Cybersecurity Expertise, Prioritizing Proactive Defense Strategies for Clients

The new cybersecurity advisory practice and appointment of a global cyber products leader enhances client access to Visa’s investments in cybersecurity and infrastructure

SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V), a global leader in digital payments, is creating new opportunities for clients to leverage its deep expertise in cybersecurity through its value-added services and risk management offerings. As a part of this strategy, Visa announced today the launch of the global Visa Cybersecurity Advisory Practice, empowering clients with analysis of the risk landscape along with the actionable insights needed to identify, evaluate, and thwart emerging cybersecurity threats. The company has also appointed Jeremiah Dewey, a seasoned cybersecurity expert, as its new global head of cyber products.

“When it comes to cybersecurity and fraud prevention, proactive detection and response is key,” said James Mirfin, global head of risk and identity solutions at Visa. “Our clients – which range from small mom-and-pop shops to larger enterprises – need comprehensive resources that can be scaled to meet the unique needs of their business. We’re excited to welcome Jeremiah to the team as we continue developing innovative offerings that help clients of all sizes understand their risks and stay cybersecure.”

Visa has invested $12 billion in technology and infrastructure in the last five years, including on cybersecurity and fraud prevention. Clients globally are beginning to leverage the expertise and solutions born from this investment. In his new role, Dewey will lead the development of Visa’s suite of cybersecurity products and building strategic partnerships, ensuring Visa is delivering on clients’ cybersecurity needs. Dewey brings over two decades of experience leading managed security, incident response, and consulting services across private sector and government organizations.

“Cybersecurity is no longer seen as a cost center, but as a vital part of any business’ growth strategy,” said Carl Rutstein, global head of advisory services for Visa. “By combining the latest advancements in AI technology with the expertise of our consulting and analytics practice, we continue delivering enhanced offerings that help our clients stay competitive in a rapidly evolving threat environment.”

Visa’s new dedicated payments Cybersecurity Advisory Practice utilizes Visa Consulting & Analytics’ (VCA) global network of thousands of consultants, data scientists, and product experts from around the world. VCA offers a range of services to guide clients in formulating a cybersecurity strategy. These services include:

• Payment Cybersecurity Institute — Training and awareness programs for employees about payments cybersecurity best practices
• Cybersecurity Maturity Assessments — Evaluate process and journeys to provide recommendations for improvements
• Enumeration Defense — Detect and block enumeration attacks with dedicated support

As part of VCA’s commitment to empower clients with a comprehensive approach to cybersecurity, the practice plans to roll out additional services such as threat intelligence and vulnerability testing and assessments.

To learn more about how Visa Consulting & Analytics can help clients protect the ecosystem against fraud and mitigate risk, click here. For more information on the Visa’s Risk and Identity Solutions, click here.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.