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NWP Services Corporation (NWP), a leading provider of utility cost recovery and management solutions to the multifamily housing industry, today announced it has been validated as compliant with the Payment Card Industry Data Security Standard (PCI DSS) as a Level 1 service provider for the fourth consecutive year. Trustwave, the leading provider of PCI DSS compliance management solutions, performed the validation.
PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by all the major card brands. NWP continues to be one of the few multifamily billing service providers in the U.S. to achieve PCI DSS compliance.
“Our clients trust us with their residents’ most precious data, their personal credit card information,” said Jim Charles, senior vice president for NWP. “Keeping that data secure is the most important action we can take as a rent and utility payment services provider to the multifamily housing industry. Building security into our client’s portfolio, IT processes and integrating security with their existing technology infrastructure and investments has never been more critical. Driving this need is the exponential growth of data center transformation, virtualization, social portfolio, mobility devices and attack sophistication.”
“Identity theft, privacy and payment fraud are critical concerns for property managers and residents,” said Rob Grable, security officer for NWP. “Companies that comply with all industry standard certifications and best practices are striving to achieve the highest standards for protecting the security and integrity of sensitive data. Properties who select NWP can have the confidence that their e-commerce platform is compliant with established security best practices and that they are protected from any related issues.”
To maintain compliance with the PCI DSS, NWP has enrolled in Trustwave’s on-demand compliance management solution, TrustKeeper®, to access the necessary tools to support on-going compliance such as external vulnerability scans. Additionally, NWP proactively tests its internal network as well as conducting an annual SSAE 16 Type II audit to validate that all NWP products and services have sufficient financial controls to support customers.
About NWP Services Corporation
Headquartered in Costa Mesa, California, NWP Services Corporation (NWP) is the leading innovator and solutions provider for lowering operating and utility costs for the multifamily industry through utility cost recovery, utility cost management and energy management. Resident billing, payments and submetering services help owners maximize utility cost recovery with options that include convergent billing, utility billing only, and read, bill, and remit billing services. NWP’s utility management solution helps owners and operators optimize utility spend through automation, benchmarking analytics and extensive reporting technologies. Energy management solutions provide advanced utility intelligence designed to directly assist with conservation initiatives and lowering utility spend. NWP’s customer centric solutions focus on increasing Funds from Operations (FFO), Net Operating Income (NOI), resident satisfaction, and the asset value of multifamily properties. Additional information is available at www.nwpsc.com.
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