“If 2015 was the year of EMV, 2016 will be the year of Point-to-Point Encryption (P2PE).”
Bluefin Chief Innovation Officer, Ruston Miles, is featured in this month’s Greensheet discussing the importance of P2PE in payment security.
“In our fight to prevent data breaches, EMV has a walk-on role. The uncelebrated star of the show is P2PE, a technology that protects against sophisticated malware that has caused 1,400 data breaches in the last two years, including at Target, P.F. Chang’s and Home Depot.
With the commotion around the US implementation of chip cards, it’s been easy to overlook the fact that EMV is intended only as a single element of “the layered approach”: a three-prong technological security strategy that also incorporates tokenization, which protects data at rest in merchant systems, and P2PE, which protects data in transit, particularly at the POS.”
Check out the full article at Greensheet.