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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Two key technologies, Encryption and Tokenization, are at the forefront of safeguarding sensitive information. This blog will explore the fundamentals of encryption and tokenization, their differences, use cases in the banking and payment industries, as well as their benefits and limitations. What Is Encryption? databases).

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What to Know About Tokenization

Basis Theory

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. As an additional layer of protection, these systems may encrypt the sensitive data so that it’s protected against unauthorized access.

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PCI SSC Releases Version 3.2 of the PCI Point-to-Point Encryption (P2PE) Standard 

PCI Security Standards

of the PCI Point-to-Point Encryption (P2PE) Standard, introducing important clarifications and updates based on industry feedback. The PCI Security Standards Council (PCI SSC) has released version 3.2

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Request for Comments: PCI Point-to-Point Encryption (P2PE) v3.2 Standard

PCI Security Standards

From 6 February to 6 March, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft PCI Point-to-Point Encryption (P2PE) v3.2 Standard during a 30-day request for comments (RFC) period.

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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

Protecting cardholder data: Encrypting sensitive data during transmission. Encryption of payment card data One of the key requirements of PCI DSS is the encryption of cardholder data both in transit and at rest. Implementing strong access control measures: Limiting access to cardholder data based on job responsibilities.

PCI DSS 165
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PCI SSC Unveils Enhancements to its Point-to-Point Encryption (P2PE)® Program

PCI Security Standards

In a significant move, the PCI Security Standards Council (PCI SSC) has announced enhancements to its Point-to-Point Encryption (P2PE) Program for use with the currently published P2PE Standard v3.1,

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

Implement a solid backup strategy to renew your operations after disruptive incidents like ransomware encryptions, hardware failures, or accidental deletions. Encrypt Sensitive Data Scrambling sensitive data into indecipherable code shields it from prying eyes, even if intercepted.