The company is thus bringing its Asia-Pacific-based EFTSec Server payment data encryption technology to North America, Latin America and Europe, teaming with Voltage Security to deliver cryptographic technology. Hypercom will also form a global data protection business unit to address customer-specific security threats, with five approaches to data security.
According to Hypercom, end-to-end payment data protection encompasses protecting data throughout its lifecycle. The company believes that the scope of payment data protection includes the use of strong security technology throughout the design, deployment, operation and maintenance of payment terminals and their applications including the loading and storage of debit keys that reside on those devices. The five data security approaches initiated by Hypercom are line encryption for data in transit, protection for data end-to-end, protection for data during operation and maintenance, the use of virtual terminals and card authentication.
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