Tokenization
Specialist Releases Cyber Security White Paper
Oct. 6, 2010
In conjunction with October’s National Cyber Security Month,
online credit card processor 3Delta Systems Inc. released a white paper that
details best practices for protecting personally identifiable information from
hackers. Stopping
Data Cyberthieves in their Tracks details how tokenization, in which
the company specializes, enables merchants to safeguard credit card data by
storing it offsite. "Because every point at which credit card data is
handled must be secured, conforming with PCI rules as well as building and
defending one's own data fortress can be extraordinarily difficult and
prohibitively expensive," said Aaron Bills, founder and chief operating officer
of 3Delta Systems. "Organizations that collect and store that data
themselves often find the process to be a huge headache with potentially
significant liabilities rather than a convenience for their customers.
Transferring sensitive credit card and payment transaction data off site, where
it is encrypted and stored at highly secure, PCI-compliant processing centers,
is often the best solution."