Welcome!

Linux Containers Authors: Zakia Bouachraoui, Elizabeth White, Yeshim Deniz, Liz McMillan, Pat Romanski

News Feed Item

Payment Processors and Device Manufacturers Embrace Voltage Security(TM) Point-to-Point Encryption

Voltage SecureData Payments(TM) Empowers Merchants With the Highest Level of Security to Mitigate the Risk of Cardholder Data Breaches

CUPERTINO, CA -- (Marketwired) -- 05/07/14 -- Expanding its leadership in the retail payments industry, Voltage Security today announced that Uniform Industrial Corporation (UIC) now supports Voltage Format-Preserving Encryption™ (FPE), a powerful component of Voltage SecureData Payments™ with Voltage Identity-Based Encryption™ (IBE), providing merchants with P2PE (point-to-point encryption), otherwise known as end-to-end encryption, from a payment reading device to a trusted processing host.

This expands a previous partnership with Heartland Payment Systems in which UIC and Voltage provided end-to-end encryption for Heartland's E3™ security solutions, delivering reliable, secure terminal-based communications with billions of transactions on hundreds of thousands of merchant locations across global deployments.

"We see the headlines every day -- retailers are increasingly faced with tremendous pressure and risk when it comes to payment processing and it cuts to the core of their business by impacting customer trust. Malware in the retail IT systems, especially the traditional POS, has resulted in major costly breaches world-wide. We take our role as a technology partner very seriously and we are dedicated to developing solutions that provide the highest level of protection against data loss or breach, as well as enabling PCI compliance cost scope reduction, all at significantly lower implementation and management costs," explained Mark Bower, vice president of product management, Voltage Security.

UIC is now offering Voltage SecureData Payments with Voltage Format-Preserving Encryption to users of its devices of the MSR215E and MSR215T secure MSR readers, and PP790SE and PP795SE All-in-one PIN Pads, as well as the TS890 and TS900 payment terminals.

"We are excited to offer this cutting edge technology and to deliver secure and robust payment devices. By introducing Voltage enabled card readers and PIN pads, not only does it simplify the complex payment security key management, it also establishes the highest level of security to protect payment operators and card holders from fraudulence," said Albert Li, vice president, sales/business development, UIC.

From authorization and settlement, through business processes such as charge-backs, loyalty or repeat payments, merchants and processors must be able to reliably protect credit card data at rest and in transit, and, at the same time, reduce PCI scope as much as possible, without impacting business workflows or customer facing business processes.

"Our partnership with UIC is another example of how widely available Voltage end-to-end encryption is across the payments industry. Businesses have the option to implement Voltage SecureData Payments on a wide variety of payments devices and perform decryption within their own data environments or with a Voltage platform partner, and Voltage works with six of the top eight U.S. payment processors," said Bower.

By strongly encrypting cardholder data at the read head, using tamper-resistant and tamper-evident payment devices, any malware installed on the intermediate POS systems would only have access to the ciphertext, while the keys necessary to decrypt it stay safely inside the most secure PCI environments at the decryption endpoint. The cipher text, using Voltage Format-Preserving Encryption (FPE), can be used by those POS systems, just as the original plaintext was; but, it is useless to any attackers.

Voltage SecureData Payments Dramatically Lowers Management and Compliance Costs

Voltage SecureData Payments is a complete payment transaction protection framework, built on breakthrough technologies encompassing encryption and key management: Voltage Format-Preserving Encryption (FPE) and Voltage Identity-Based Encryption (IBE). These technologies provide a unique architecture that addresses the complexity of retail environments with high transaction volume.

With Voltage FPE, credit card numbers and other types of structured information are protected without the need to change the data format or structure. In addition, data properties are maintained, such as a checksum, and portions of the data can remain in the clear. This aids in preserving existing processes such as BIN routing or use of the last 4 digits of the card in customer service scenarios.

Voltage IBE is a breakthrough in key management that eliminates the complexity of traditional Public Key Infrastructure (PKI) systems and symmetric key systems. In other words, no digital certificates or keys are required to be injected or synchronized. IBE also enables end-to-end encryption from swipe-to-processor and swipe-to-trusted-merchant applications.

Voltage Secure Stateless Tokenization™ (SST), adopted by major global retailers, is an advanced, patent-pending data security technology that provides enterprises, merchants and payment processors with a new approach to help assure protection for payment card data, with significant Payment Card Industry Data Security Standard (PCI DSS) audit scope reduction. Voltage SST technology dramatically improves speed, scalability, security and manageability over conventional and first-generation tokenization solutions.

Voltage SecureData Payments delivers:

  • Reduced PCI audit cost and scope -- End-to-end encryption can be combined easily with tokenization to provide merchants with complete choice in reducing PCI audit scope.
  • Reduced risk of data loss or breach -- Cardholder data is protected or tokenized when it is stored, transmitted, or used. When deployed with sound internal controls, Voltage SecureData Payments renders sensitive information useless to unauthorized users, mitigating risk of data breaches at any point in the payment stream.
  • Significantly lower implementation and management costs -- Keys are securely generated on demand and not stored; point-of-sale (POS) terminal devices are not subject to key injection; and key rotation is automated and transparent, thus eliminating labor-intensive processes and reducing costs.

Voltage SecureData Payments Terminal SDK can be implemented on most payment devices (both traditional and mobile) and payment processing systems. Voltage is already integrated into leading payment card reading devices and pin-pads, offering merchants the flexibility to support the hardware of their choice. The complementary SecureData Payments Host SDK, which performs the decryption of the cardholder data when teamed with Voltage SecureData Appliances and Thales HSMs, supports a wide variety of platforms, including Windows, Linux, HP NonStop, Stratus VOS, and IBM z/OS.

For more information, visit https://www.voltage.com/products/securedata-payments/

For a complete list of payment terminal partners, visit https://www.voltage.com/partners/payment-partners/.

About UIC
Uniform Industrial Corporation positions itself as a professional DMS manufacturer in the payment industry. Since its inception in 1983, UIC has been a leading national provider of award-winning components and systems for banking, and retail solutions. The company's simple-to-use products combine affordability, reliability, and performance to enable the most high-value and secure transactions. UIC's innovative products have allowed fast, affordable and reliable payment products driven by unique technological developments in the payments industry. The company has branches in Fremont, USA and Frankfurt, Germany to support the American and European markets. UIC seeks to offer its partners cutting-edge solutions and outstanding customer service that exceed expectations.

About Voltage Security
Voltage Security®, Inc. is the world leader in data-centric encryption and tokenization. Voltage provides trusted data security that scales to deliver cost-effective PCI compliance, scope reduction and secure analytics. Voltage solutions are used by leading enterprises worldwide, reducing risk and protecting brand while enabling business. For more information see www.voltage.com.

Notes: All Voltage trademarks are property of Voltage Security, Inc. All other trademarks are property of their respective owners.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...