On First Data Clover for small businesses... ht
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Posted On: 05/22/2019 9:23:01 AM
On First Data Clover for small businesses...
https://www.inc.com/clover/small-business-big-target.html
https://www.inc.com/clover/small-business-big-target.html
Quote:
Encryption and Tokenization
The Thales Study found that encryption and tokenization are the top choices for securing customer information. Both are baked into the Clover Security solution.
Encryption is the process of transforming text and data into an encoded version that can only be decoded by another entity if they have access to a decryption key.
Remarkably, in the U.S. retail industry only 26 percent report implementing encryption.
Tokenization is the process of replacing sensitive data with unique identification symbols. Tokenization replaces cardholder data with random numeric tokens. If your database is the target of a hacker, no customer card numbers or other payment information can be used should it get stolen.
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