On June 19th, at 1 pm EST, Bluefin Payment Systems will host an educational webinar on PCI-Validated Point-to-Point Encryption (P2PE) for Campus Payments and its role in devaluing card data, securing your systems, and reducing PCI compliance scope.
Paying for tuition, books, athletics and even meals on campus has changed drastically in the last 20 years. Gone are the days of quarterly checks sent in the mail for semester payments or dining plans. Today, parents and students require the convenience of paying online, over the phone, and in person.
But as electronic payment acceptance in universities has risen – so too has fraudsters’ interest in the vast amounts of data that universities are now processing through multiple departments and locations. According to Gemalto’s Breach Level Index, in 2016 there were 157 data breaches in education. The leading cause – 60% of the breaches – was malicious software (malware).
There are two security paths that colleges and universities can take in the fight against malware: Defend the Data or Devalue the Data. With the Defend the Data approach, educational institutions build stronger, higher and more expensive walls of security around their systems and data.
With the Devalue the Data approach, universities and educational institutions employ security technology to devalue the cardholder data before it reaches their point-of-sale systems, rendering the data useless to hackers if it is exposed.
The webinar will provide a detailed overview on the state of data breaches, current payment security technologies, the role of PCI-validated P2PE in protecting card data, validated vs. non-validated solutions, and the scope reduction and cost savings of PCI P2PE. Specifically, it will cover:
- The current state of payment security
- How malware operates to steal credit card data
- The role of EMV (chip cards), Tokenization and P2PE
- The origin of PCI-validated P2PE and how it differs from non-validated solutions
- PCI-validated P2PE scope reduction and cost benefits
- UC San Diego Case Study
- Bluefin P2PE Education Partners
You can register for the webinar here.