Emerald Business Systems Blog


Voltage, RSA spar over tokenization, data protection

Posted in PCI by ebs4pos on October 2, 2009

Voltage Security Inc. and RSA, the security division of EMC, are exchanging blows over the best way to protect credit card data during the payment process.

Both vendors have partnered with different payment processors to develop slightly different methods to protect credit card data from the point a credit card is swiped at the point-of-sale (POS) system until a transaction is complete.

Voltage is partnering with beleaguered Heartland Payment Systems Inc. The processor, which was embroiled in the largest data breach in U.S. history, has vowed to shake up the industry by developing a system that encrypts data throughout the entire payment process. It has announced E3, a system that includes new credit card terminals and format-preserving encryption software that protects credit card data throughout the payment process.

Tokens:

Compliance benefits of tokenization: Tokenization not only keeps confidential data out of the hands of malicious hackers, but also offers a less expensive strategy for achieving PCI compliance. Identity management and access control expert Joel Dubin defines tokenization, examines whether or not it’s effective and unveils how the technology can be used as a tool for PCI compliance.

Meanwhile, RSA announced a partnership with First Data Corp. to produce a data protection process that includes both encryption of data in motion and token technology. The tokenization would be handled by the processor and be returned to merchants, while the actual credit card numbers would be stored in a secure repository maintained by First Data. The process includes new countertop terminals for merchants or the deployment of a public key file integrated into a merchant’s legacy POS software.

via Voltage, RSA spar over tokenization, data protection.

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