Does Visa’s Encryption Statement Offer A “Tacit Endorsement”?
Written by David TaylorOctober 8th, 2009
Visa’s just announced best practices are designed to provide guidance and give tacit endorsement to existing end-to-end encryption and, to some extent, tokenization. Merchants are likely to see it as “something else to do” and as further evidence that the card brands will continue to go their own way relative to data security despite the PCI DSS industry standards.
But PCI Columnist David Taylor sees something else interesting here. "For the last four to five years, companies have been told that achieving PCI compliance is much easier if they segment their network. Otherwise, all their corporate systems are in PCI scope. But network segmentation is not a PCI standard, per se. If an organization wants to keep their entire network and the connected systems in scope, it’s up to the company’s management."
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Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
