Visa Releases Encryption Guidelines for Merchants

Quotes

1. “ While no single technology will completely solve fraud, data field encryption can be an effective security layer to render cardholder data useless to criminals in the event of a merchant data breach. ”

   By Eduardo Perez

2. “ Given the interest expressed by merchants and processors, guidance from the card brands is a critical determinant in figuring out how to move ahead with encrypting data in transit, especially absent a global standard. ”

   By Avivah Litan

Entities Mentioned

• Heartland Payment Systems
• Visa
• Gartner
• Avivah Litan
• Brian Prince
• American National Standards Institute
• Eduardo Perez

1. "Given the interest expressed by merchants and processors, guidance from the card brands is a critical determinant in figuring out how to move ahead with encrypting data in transit, especially absent a global standard," said Avivah Litan, an analyst at Gartner, in a statement. "Companies should also be aware that if data is decrypted anywhere in their system, they are still at risk for a data breach." (Read Full Article)

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