Tagged as: tokenex

28 Dec

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.

06 Nov

Tokenization Vs Encryption – 4 Quick Takeaways

1) How do you describe the differences between tokenization and encryption? Encryption takes the original value of sensitive data and through mathematics, generates a new value. The mathematics is what makes this value secure. Ultimately, the recipient needs the real value, so a key that supports the mathematics is shared

28 Oct

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

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

23 Sep

Overcoming Major Data Security Challenges in Retail Petroleum Part 1

Part One of a Three Part Blog:  Understanding Data Security Challenges in the Retail Petroleum Industry Receiving, storing, and transmitting sensitive data presents challenges for every business. One of the riskiest datasets to handle is payment card data, as it is easy to steal, sell, and use for fraudulent purchases. Due

29 Jul

Health Insurance on Notice – Hackers Target Personal Data

As soon as we collectively caught our breath from the huge (80 million records) Anthem Insurance breach, UCLA Health System was hacked exposing 4.5 million people. The mind-numbing issue is that the sensitive data stolen from both organizations was not even encrypted. Insurance companies house toxic PII data (names, Social

10 Jun

Retailers Beware: You Have a Target On Your Back

Banks are working hard to change every policy they have for fraud prevention to reduce their losses. It starts later this year with the EMV deadline for merchants. At that time banks officially push fraud liability directly onto the merchant if the merchant is found to be out of PCI