We’re taking PCI-validated P2PE on the road at this week’s CNP Expo. Bluefin’s Chief Innovation Officer, Ruston Miles, will join Bob Russo, General Manager of the PCI Security Standards Council, John Adams, Sr. Director, IS & Compliance for HMSHost, and Mark Johnston, Product Adoption Manager, Infogix, on a panel to discuss the scope of the breach problem and how P2PE, the PCI Standards and other security measures can protect the payments and retail industry.
Clearly this discussion is coming at a relevant time. We haven’t been shaken with news of a new data breach in about 2 months (perhaps a record since last November), which has given everyone – from retailers, to processors, to banks – a moment to breathe and start the process of being “proactive” with their security measures rather than “reactive.” Just like you would build an underground shelter in a tornado-prone area before the inevitable tornado hits, so should you build up your security measures in anticipation of the next breach “storm.” We all know it’s not a question of if – it’s a question of when.
And this educational panel will help the industry get more information on the options available to shore up their processing and retail operations. Moderated by Giles-Witherspoon Boyd, Enterprise Account Manager, SecurityMetrics, the panel will focus on best practices to secure incoming data. Bluefin will add their expertise as a Participating Organization (PO) of the PCI Security Standards Council and as the first, and to date the only, company in the U.S. to receive PCI validation for a point-to-point encryption (P2PE) solution.
Bluefin’s PayConex P2PE is an integral part of a holistic security approach, which also includes tokenization and EMV, because it is the piece of the puzzle that encrypts the data at the point of entry. Why is this relevant? Encrypting the data within a PCI-approved P2PE point of entry device ensures that clear-text cardholder data does not reach the merchant’s POS systems and networks where it could be exposed to malware.