The cloud company said the partnership is designed to help companies enhance their cyber security capabilities in a multi-cloud environment.
As LGMS integrates with Alibaba Cloud’s Marketplace, Alibaba Cloud customers will have access to LGMS’s one-stop service to comply with the Payment Card Industry Data Security Standard (PCI DSS).
Fong Choong Fook, Chief Executive Officer of LGMS said, “The financial loss caused by cyber security incidents urges businesses to strengthen their payment environment.
“With just a few clicks, Alibaba Cloud can provide companies from across the Asia Pacific region and beyond easy-to-use assessment services and globally-authorised PCI DSS certificate, for more companies to protect their customer’s payment information.”
The company said that by going through LGMS’s evaluation process, businesses will be able to identify their potential security loopholes to ensure payment security and reduce unnecessary losses.
Clients of Alibaba Cloud, assisted by LGMS, will go through three steps to comply with the PCI DSS – identify potential system risks via self-assessment, detect system vulnerabilities using penetration testing and improve security capabilities to fulfil all PCI DSS conditions.
“Alibaba Cloud is committed to building partnerships with brands that offer value-added services capable of meeting shifting customer demands,” said Selina Yuan, President of International Business, Alibaba Cloud Intelligence.
“We are proud to be working with LGMS, an industry expert with a strong track record in the field of cyber security assessment. With this partnership, we are able to offer customers access to LGMS’s world-class professional experience to ensure the highest security standards in the process of their digital transformations.”
According to the International Monetary Fund, the number of cyber-attacks has tripled over the last decade.
