October 20, 2014
The increasing number of data breaches has called into question the ability of retailers to secure consumer data and maintain consumer confidence in data sharing, creating barriers to the adoption of Internet technologies. of Things.
Enterprise businesses are estimated to spend US $ 114 billion on malware-related cyberattacks in 20131 and, from multiple industry reports, tens of millions of credit cards have been compromised this year. Intel Transaction Data Protection was developed to address these issues and accelerate the deployment of the Internet of Things in business environments.
That’s why Intel Corporation today unveiled its Intel® Data Protection Technology for Transactions, the industry’s first solution to provide end-to-end encryption of consumers and their financial data, embedded within point of sale (POS) platforms. Developed in collaboration with NCR *, a leader in consumer transaction technologies, Intel’s Transaction Data Protection Technology combines retail-optimized software with Intel hardware, including the Intel® Core ™ and Intel® Atom processors. ™ excellent, to deliver a better level of security from the start of a transaction until the transaction data is stored on the bank’s server.
Intel’s Transaction Data Protection Technology adds an extra layer of software to protect the payment process, complementing current retail investments in Europay *, MasterCard * and Visa * (EMV) credit card authorization. English), payment by Token and other data protection technologies. The software resides and runs on the Intel chipset for enhanced security, and helps bridge the gap between data transmission, POS devices, and the data center.
News in facts
- Intel’s Transactional Data Protection Technology creates a secure path between the final transaction, the point of sale (POS) system, and server networks to securely conduct consumer information.
- Intel’s Transaction Data Protection Technology helps mitigate risk by establishing a secure channel through which transactions may require payment authorizations and providing common security management capabilities for retailers to use regardless of point of sale original or peripheral supplier.
- The solution is compatible with all modern forms of credit or debit payment, including EMV (Europay, MasterCard and Visa), magnetic stripe transaction readers and near-distance data exchange technology (Near Field Communication – NFC, for its acronym in English), which include Google Wallet *, Softcard * and Apple Pay *.
- The technology works with all retail point-of-sale form factors that have Intel processors in their retail point-of-sale networks, including tablets.
- The solution will initially be available on 2nd and 3rd generation Intel Core processors, as well as successive generations of the Intel Core processor. In addition, tablet processors with Intel Atom processors codenamed “Bay Trail-T” and future Intel Atom processors will support this new technology. Intel’s Transaction Data Protection Technology can be applied to industries and applications. non-retailers, such as to ensure the way airports manage passports and driver license identity information, or to help pharmacies protect customer information related to prescriptions.
- This new Intel technology establishes flexibility in data protection, helping merchants shift resources used to address security concerns to improve consumer satisfaction and the shopping experience. Customer software is now available. The complete solution based on Data Protection Technology for Transactions will be available to retailers in the first half of next year.
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