Posted on October 7th, 2010 No comments
What would you do if your tokenization vendor goes out of business or gets acquired by a company with a whole different approach to tokenization? This is the ever awkward but increasingly important question every IT executive looking at tokenization needs to ask. The reality is that there are many firms in the tokenization space today, and you cannot count on all of them being around forever.
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If Your Token Vendor Goes Bankrupt, What Happens To Your Data?
Posted on September 24th, 2009 No comments
In recent months, an encrypted laundry list of vendors has announced products in the so-called end-to-end encryption space and/or the tokenization arena. But this week added two key announcements into the mix, from Voltage Security and a combo rollout from First Data and RSA Security
Posted on September 23rd, 2009 No comments
The conventional wisdom is that when large vendors enter a niche market, those vendors “legitimize” that market. But the announcement that First Data and RSA Security are getting into the credit card tokenization business raises many issues beyond them simply “making” the tokenization market.PCI Columnist David Taylor suggests that this almost guarantees PCI will have to address tokenization, end-to-end encryption and other “beyond PCI” issues.
Posted on May 13th, 2009 No comments
Retailers need to carefully examine any new “beyond PCI” technical approaches being offered by their processors, as well as other service providers. They need to think about what will be required of them to take advantage of such “end-to-end” security and whether the investment in technology and labor will be transferrable, should they decide to switch to a competitor.Beyond focusing on avoiding “Beyond PCI Lock-in,” pens GuestView PCI Columnist David Taylor, retailers also need to focus on ensuring that these new security efforts don’t break their existing applications. Some of the tokenization and end-to-end encryption approaches currently (or soon to be) on the market don’t always play nice with existing ERP, CRM and other enterprise applications.
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Implications of Heartland’s Beyond PCI Strategy for Retailers