Risk Management
Risk Management is a cornerstone of security and compliance efforts in the Payment Card Industry. The Aegenis Group’s experience and position in the industry allows them a unique perspective on the management of risk, with emphasis on the risk to Acquirers in the event of an account data compromise. In fact, The Aegenis Group has developed a patent-pending methodology for the profiling of risk within a given merchant portfolio.
The Aegenis Relative Risk, or AR²™, Methodology takes into account not only the likelihood that a merchant will be compromised, but also calculates the financial impact (fines, fees, penalties) to the assessor should that compromise occur. AR² employs over 50 different variables and takes into account a variety of factors that are often overlooked by other risk profiling solutions. This method provides a much more comprehensive view of the risk to which an acquirer is exposed by their merchant portfolio.
For more information regarding the AR2 Methodology, click here.