PORTLAND, Maine--(BUSINESS WIRE)--CashStar, the industry-leading provider of prepaid commerce solutions, today announced that it has partnered with the Retail Cyber Intelligence Sharing Center (R-CISC), a trusted cybersecurity resource for the retail industry. CashStar is the first gift card and prepaid commerce company to join R-CISC.
CashStar will work closely with R-CISC and its members to encourage risk intelligence sharing among organizations operating in the gift card and prepaid industries. In addition, CashStar will work with its clients and partners to encourage participation in R-CISC and the sharing of best practices. Through this effort to deepen risk intelligence and information sharing, CashStar and R-CISC are driving increased collaboration and alignment in the industry against common threats and bad actors.
“Finding effective tools to fight increasingly sophisticated cyber-attacks and protect customers is a huge priority for today’s retailers,” said Brian Engle, R-CISC executive director. “Enabling the convergence of cybersecurity and fraud for our retailer members is important in our fight against cybercrime. Because of CashStar’s leadership position in the gift card and prepaid markets, they have the power to help advance education and adoption of security practices that address fraud, cybersecurity threats to merchants and gift card providers, and are a welcome addition to the R-CISC membership.”
“All retailers and merchants with gift card programs need to join R-CISC,” said CashStar President and CEO Ben Kaplan. “R-CISC plays a critical role in promoting greater transparency and awareness of cybersecurity issues and threats within the retail industry, and we’re excited to increase gift card and prepaid related cybersecurity threats, as well.”
R-CISC will be presenting on a panel about cybersecurity for gift card programs at CashStar Innovate, the company’s user conference being held March 13-15 in Miami. In addition, CashStar will speak at R-CISC’s Collaboratory event May 9-10 in Dallas.
The Retail Cyber Intelligence Sharing Center (R-CISC) is the trusted cybersecurity community for retailers, consumer services retailers, and cybersecurity industry partners worldwide. Created in 2014 in response to the increased number and sophistication of attacks against our industries, the R-CISC supports traditional retailers, online commerce, wholesalers, restaurants and the food service industry, entertainment, lodging, professional sports leagues and organizations providing other consumer services.
CashStar, the industry-leading provider of prepaid commerce solutions, enables the world’s top retailers and restaurants to grow and innovate in the rapidly evolving retail environment. CashStar provides best-in-class capabilities, revenue-optimizing risk management and a client success model based on aligned growth, to optimize digital gifting and prepaid commerce experiences. CashStar powers more than 300 leading brands worldwide including Best Buy, Brookstone, Coach, Crate & Barrel, Dell, Dunkin’ Donuts, Gap, lululemon athletica, Nine West, Office Depot, Petco, Pottery Barn, QVC, Sephora, Staples, Starbucks, The Cheesecake Factory, The Home Depot and Williams-Sonoma. To learn more, please visit www.cashstar.com, follow @CashStar or e-mail firstname.lastname@example.org.