OWE Global Solutions (OGS) is a Data Security and Technology Solutions company led by industry veterans. The company was formed in March of 2008 to provide compliant and efficient payment card transaction processing solutions for Financial Institutions, Processors, Retailers and healthcare outfits by providing high quality, patent-pending products and services that enable its customers to be PCI-DSS, EMV compliant or ePHI, as applicable at a competitive cost. OGS’ software solution has been development from its Monte Harris Technology and Innovation Lab in Chennai, India.
Why OGS?
Data Protection and Security are the major challenges facing several industries worldwide
This includes authorizing, accessing and protection of customer data, both at rest or in flight.
This issue affects many industries; but the two with the most immediate requirements are the Financial and Health Care Industries.
a) Financial Institutions :
For banks and third party processors worldwide. Regulators have been highly organized and have established regulations for immediate compliance
i) PCI DSS ( Payment card industry data security standards)
ii) EMV ( Euro Pay Master and Visa ) for worldwide chip card migration program
b) Healthcare:
Specific to the HIPAA (Health Insurance Portability and Accountability Act) in the United States. The industry has been facing substantial challenges in data security and protection of patients’ records, collectively referred to as ePHI (electronic patient health information).
Physician’s and Group Practices do not have an affordable and practical solution that meets this requirement.It is very likely that the HIPAA requirements in the United States will be adopted globally over the next few years, further mandating and providing opportunities for an all inclusive Plug-n-Play Encryption Appliance, like the OGS Solution you are about to see…
