Tagged as: PCI

30 Aug
2017

Tokenizing with Your Payment Service Provider? Think Again Part 1 of 2

Tokenizing with Your Payment Service Provider? Think Again Part 1 of 2 Tokenization has the attention of industries worldwide due to its effectiveness in securing sensitive data sets and reducing PCI compliance scope. Most importantly, people are taking note of the simple fact that if your tokenized data is breached,

01 Jun
2017

The Advantage of Leveraging Load Balancers with Cloud-based Tokenization

The Advantage of Leveraging Load Balancers with Cloud-based Tokenization If you are handling any type of sensitive data, like payment card data (PCI) or Personally Identifiable Data (PII), and you’re not tokenizing this data outside of your environment currently, then you have some opportunity to strengthen your risk posture.  We

12 Apr
2017

Fintech is Solving Problems in Finance, but Introducing Risk – Part 1 of 3

As financial institutions move away from legacy environments to full digitization, they are realizing that they are not able to offer all of the digital financial services because of prohibitive development costs, speed to market, lack of technical resources…

28 Dec
2015

Cyber-Criminals Want Your PII — Is Your Data Secure?

Personally Identifiable Information (PII) is the most valuable information for the worldwide network of fraudsters. PII records generally sell for around $50/record on the black market, as opposed to around $5/payment account number (PAN). You can do the ugly math on the Anthem healthcare hack that exposed 78 million records.

29 Oct
2015

European Union High Courts Strike Down Safe Harbor – TokenEx is Prepared

Recently the European Union’s (EU) Highest Court struck down Safe Harbor, an agreement between the United States and the EU regarding the sharing of data between the regions for business purposes. From reports, there are approximately 4,500 US organizations that will be impacted by this ruling, including data vault and

28 Oct
2015

Overcoming Major Data Security Challenges in Retail Petroleum Part 3

Part Three of a Three Part Blog: Industry Recommendations for Implementing a Tokenization Solution Looking back on the first two blogs in this series on the Retail Petroleum industry, I focused on the challenges of payment data security that this diverse industry faces. Chief among them is the different channels

19 Oct
2015

Overcoming Major Data Security Challenges in Retail Petroleum Part 2

EMV is More Expensive Than You Think As discussed in the previous blog posting, with the sheer amount of transactional data flowing through retail petroleum industry environments, data security presents a challenging series of initiatives to overcome. With multiple technologies touching the payment stream—from the automated fuel dispenser to the