End-to-End Encryption - Flash Transcript
The ease of financial data compromise, coupled with PCI DSS compliance regulations, has raised new concerns for how to secure transmission of cardholder information at the point of sale.
Encoded on the magnetic stripe on the back of every credit card is sensitive personal and financial data including cardholder name, account number and security codes. Traditional magnetic stripe readers scan credit cards for information needed to perform an electronic payment transaction. These readers, because they do not encrypt cardholder information, transmit and expose sensitive data in the clear. Data in the clear can be easily compromised through use of simple wire tapping and skimming technology. State of the art encrypted magnetic card readers scan and encrypt cardholder information prior to performing an electronic payment transaction. These sophisticated devices use Triple DES Encryption and D.U.K.P.T. key management technology to encrypt and transmit cardholder data securely over any network.
Using these readers, combined with a fully integrated solution, businesses can protect customer’s data and easily comply with PCI DSS regulations for accepting, processing and transmitting cardholder information.
To learn more about updating your system to a cost-effective, fully integrated PCI DSS compliant solution, please click here.