Last year, the payments industry spent over $40 billion on programs designed to keep cardholder data secure. The Target breach, however, has created a new sense of urgency about what merchants must do in light of greater threats and attacks from a new breed of fraudster.
The prevailing industry wisdom now is twofold: there is no one single solution or “silver bullet” that will prevent a breach and it’s no longer if, but when, a breach will occur. The best that can be done, then, is to make whatever they find when they find their way in, useless.
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And that means deciding if, how, and when to deploy validated Point-to-Point Encryption (P2PE), Tokenization, and EMV as well as the role of the PCI Standards Council in an environment that is moving quickly beyond cards to mobile devices and a new breed of point of sale systems.
PCI has asked a lot of questions over the years that merchants, payment applications, and service providers have been required to answer. Now PCI has provided security and technology standards to secure cardholder data and it’s time for your organization to learn what those answers are: Point-to-Point Encryption (P2PE), Tokenization and EMV.
Tune in on May 1st at 11 am for an educational digital discussion hosted by PYMNTS.com and Bluefin Payment Systems to review the many considerations related to keeping cardholder data secure.
During this session you will learn:
- How P2PE, Tokenization and EMV work together to protect against breaches
- The value of keeping cardholder data secure and the significant expense when an organization fails to do so
- The role of a validated P2PE solution in a merchant’s overall security portfolio
- The ROI of deploying a validated P2PE solution
- What can an organization do TODAY to secure cardholder data
