Think your POS data is safe? Think again. According to a recent report from Trustwave, point-of-sale devices are among the most targeted for fraud attacks. 87% of breaches were traced back to incorrect POS installations.
"In the past two years, 36% of PCI DSS compliant merchants reported data breaches, faring slightly better than non-compliant merchants – with 38% of non-compliant merchants reporting breaches."
-Source: Imperva and The Ponemom Institute 2011 PCI Compliance Trends Study
It's not just multinational businesses that are the focus of attacks either; small businesses have now become the main target. Visa Inc., a global payments technology company, estimates that about 95% of the credit-card data breaches it discovers are small business customers.
Add a company you can trust to your line of defense against hackers and cyber criminals.
Unlike traditional payment security that only encrypts the data using SSL encryption, as soon as payment information is read, VeriShield Total Protect, secured by RSA, encrypts the Primary Account Number (PAN) within the payment device and keeps it encrypted until it is decrypted at the processor or wherever the decryption appliance is maintained.
Once the transaction has been approved, tokenization takes security to the next level by replacing the PAN with a random string of tokenized data, which is sent back to the merchant along with the authorization code. In the event of a data breach, the data
looks like regular transaction data but is completely useless to thieves. And since the PAN has been replaced with a format preserving token, merchants can store and re-use it for returns, chargebacks and more—all without violating PCI requirements or having to modify existing systems and applications.
This year, VeriFone celebrates 30 years of payment technology leadership. In those 30 years, VeriFone has brought a number of innovations to the market in the areas of multimedia, mobile technology and payment security. Payment security isn't something you want to leave up to market newcomers who don't have the expertise and experience VeriFone has, and with breaches on the rise, you can't afford to sell merchants solutions that could create potential security risks.
VeriFone wants to help you navigate around the many offerings available today. By asking some of the questions below, you'll be able to discern between high quality solutions and hyped here-today, gone-tomorrow offerings.
The most PCI PED approved debit capable solutions. The first complete product line to have PCI PTS 3.0 approval. And world-class technical, sales and marketing support.
We offer solutions for any type of merchant. From affordable, basic countertop functionality, to wireless solutions with all the bells and whistles. Security always comes standard.
The complete and secure solution that allows merchants to accept credit card payments with Smart Devices.
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Get to know the next generation of electronic payment. Bigger screens, more memory, and enhanced features like touch screens and integrated contactless and more! Plus VX Evolution is the first complete product line to have PCI PTS 3.0 certification.
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Secure your business with VeriShield Total Protect — from secure payment terminals to trusted payment processors. Providing end-to-end encryption from the POS to the acquirer and post-authorization tokenization of cardholder data, VeriShield Total Protect, Secured by RSA, is today's solution to electronic payment security.
Listing of VeriFone Approved PIN Transaction Security Devices:
pcisecuritystandards.org
Listing of VeriFone Validated Payment Applications:
pcisecuritystandards.org
On August 9, 2011, Visa announced a phased migration plan to accelerate the adoption of EMV chip-card standards in the U.S. The complexity of migrating to EMV chip-card standards can present significant challenges for acquirers and merchants.
VeriFone, the leader in integrating EMV into payment solutions worldwide, is the perfect partner to help during this transition. VeriFone provides an unmatched line of EMV-compliant hardware and software, as well as training and support, to deliver complete solutions for meeting Visa's migration plan. In addition, VeriFone's fully managed services can save businesses additional time and labor costs related to payment estate assessment by determining which EMV solutions would best optimize business needs.
Start planning now for EMV's arrival in the U.S. VeriFone offers innovative EMV solutions for every business.
VeriFone's entire VX Evolution line supports contact and contactless EMV. Coupled with advanced security technologies and the reliability and performance of the proven VX platform, businesses are guaranteed solutions to the most complex EMV challenges. From market-leading enhancements including increased memory, end-to-end encryption to the first ARM 11 processor in payments, all within an integrated security core.
The VX 520 leads the way with unprecedented performance, specialized features and more of everything businesses need in a countertop payment device. The exceptional boost in memory allows new recurring revenue streams from value-added applications to be generated.
The VX 820 PIN pad easily operates in any environment. This slim, stylish payment solution provides easy handling while ensuring unsurpassed security and reliability. Moreover, the optional, integrated contactless capability including NFC support is built in, providing a streamlined path to penetrate new markets and revenue opportunities.
VeriFone's VX 680 portable payment device is packed with performance, including optional integrated contactless and a large color touch screen. With industry-leading security, unparalleled speed, NFC-capability, easy-to-use gateways and a recurring revenue stream, the VX 680 is where durability meets capability.
MX Series includes fully customizable payment solutions that engage consumers with multimedia, in-store promotions, digital coupons and offers. The MX 800 and MX 900 Series stand up to the most demanding retail conditions. With chemically-hardened screens that resist scratching and long-life keypads it's built to last.
