Thales recently announced the launch of the payShield Cloud HSM service, making it easier and more flexible for payment HSMs to migrate to the cloud. Our team at Prime Factors had the opportunity to be among the first to successfully test the new HSM service with our Bank Card Security System (BCSS) to ensure flexibility and full functionality […]
Encryption is the process of encoding information so that it is unreadable to unauthorized parties. What makes encryption so powerful is that if data is intercepted, it remains unintelligible without the corresponding cryptographic keys used to encrypt the data. While encryption remains essential to most enterprises’ data protection strategy, the proliferation of data protection regulations, […]
Imagine if you could seamlessly integrate any new Payment Card Industry (PCI) PIN requirement throughout your custom payment application with minimal effort, saving time and reducing development costs. That’s a reality for many companies. Using Prime Factors Bank Card Security System (BCSS), integrating industry changes into in-house payment applications is seamless, without requiring extensive development […]
Data has never been more plentiful or more valuable, nor has it ever been more at risk from breach. Though hundreds of billions of dollars are spent each year on cyber security, data breaches continue all over the world, and sensitive data is still frequently compromised. Why is this still happening? Surely, enterprises now know […]
What surprised us in a recent inquiry with a leading global analyst firm was not the fact that they had seen an increase in tokenization inquiries of more than 700% year-over-year; we had been seeing the same spikes on our end. It was, rather, what was happening after the initial inquiries that caught our attention. […]
The majority of data breaches today are occurring at the application layer where sensitive information is more exposed and susceptible, however a joint research survey with Entrust revealed that less than 25 percent of respondents are actually applying data protection at the application layer, instead relying on data-at-rest encryption. The challenge is that data-at-rest encryption […]
The year was 1981. It was a Wednesday, the first day of April. President Reagan was in the hospital recovering from gunshot wounds. Walter Cronkite was enjoying the first few weeks of his retirement after signing off from CBS Evening News. And just off of the University of California’s Berkeley campus on the eastern shores […]
I always find it interesting when our perceptions of how things work do not match up with reality. We were in a meeting not long ago with a large customer, discussing their encryption deployment, and a simple exchange highlighted a common misunderstanding of data protection: Us: “You may want to consider application level data protection so that your data is not in the clear when it leaves the database.” Customer (CEO): “What do you mean our encrypted data is […]
It's no longer only the concern of governments and corporations: encryption is both lock and key to cybersecurity across a range of organizations, of all sizes. In 2016, the Ponemon Institute calculated the average total cost of a data breach to be $4 million. The next two years sees the chances of 10,000 lost or […]
