Payment Security Solutions For Retailers

Challenges Facing Retail Payment Security

Retailers are high-value targets for cybercriminals because of the personal information they handle: payment card info, billing address, phone numbers, and do on. Also, retailers must observe strict compliance requirements.

Mixed payment technology: A combination of payment terminals and eCommerce solutions creates multiple attack vectors
Third-party business partners: Third-party vendors and suppliers with access to retailers’ systems can pose security risks
Stringent requirements: Many retailers must comply with PCI DSS and HIPAA

Solutions for Retail Payment Security

Futurex makes it easy for retailers to establish payment security with its market-leading encryption solutions.

Point-to-point encryption (P2PE): Encrypt data from the moment of capture until the transaction is complete
Vaultless tokenization: Replace stored data with indecipherable placeholders, reducing security risks and compliance scope
Key management for point-of-sale (POS): Create and centrally manage keys for all devices across your enterprise

Fraud Prevention Technology

Futurex devices, built with logical and physical security in mind, use role-based permissions systems and a tamper-proof (and tamper-evident) design.

Encryption Algorithms

You can find the encryption solutions you’re looking for at Futurex, including EMV, DUKPT, Triple DES, AES, Master/Session, and more.

Point-to-Point Encryption (P2PE)

Retailers can reduce compliance scope and protect cardholder data in transit by implementing point-to-point encryption (P2PE).

What is point-to-point encryption (P2PE)?

P2PE makes sensitive information unreadable at every step of a transaction.

For example, when a customer makes a transaction with a credit card, their card data is encrypted. The encrypted data is indecipherable when it travels over a payment network. It only becomes decipherable when it is decrypted after arriving at its destination.

Improve payment security, reduce compliance scope

P2PE secures payments by making payment data unreadable at every point of transit. This extra layer of encryption also reduces your organization’s compliance scope, making it easier to comply with regulations like PCI DSS, HIPAA, or GDPR.

Mitigate Data Breaches with Vaultless Tokenization

Card-holder data that is not actively moving or traveling from one location to another is at rest. Data at rest is vulnerable to hackers and thieves.

Vaultless tokenization protects data at rest using randomly generated characters as placeholder data. If tokenized data is lost or stolen, it is useless to cybercriminals. Furthermore, tokenization reduces compliance scope and simplifies auditing for organizations charged with safeguarding their customers’ information per compliance mandates.

Works with Point-to-Point Encryption (P2PE) to reduce PCI DSS compliance scope and protect data both in transit and at rest.

What is tokenization?

Tokenization is a method of protecting sensitive payment data, typically credit or debit card numbers.

Tokenization replaces sensitive data with randomly generated characters. These random characters, known as tokens, are merely placeholders. They have no intrinsic value.

Tokenization allows authorized users to retrieve encrypted data when it is needed. At that point, it is decrypted and made readable once again.

Scope Reduction Using POS Key Management

Reduce your PCI compliance scope even further with Futurex key management services: a full-spectrum solution built to streamline the creation and management of keys across complex IT ecosystems.

Reliable Data Protection

Retailers have a serious responsibility to protect consumers’ sensitive payment data from fraud. However, you need to balance this task with offering consumers convenient and innovative payment options.

Futurex provides the best of both worlds with hardened security solutions that make it easy to process payment cards and store credit card data safely.

Futurex devices are all FIPS 140-2 Level 3-validated Secure Cryptographic Devices (SCD), providing security for our customers through physical measures such as reinforced steel chassis and tamper-responsive wires that zeroize stored data if a physical intrusion attempt occurs.

Logical payment security tools

The physical security features of Futurex devices combined with logical restrictions provide a truly secure solution for the payments industry.

Dual control and a role-based user system with permissions you can allocate according to the principle of least privilege protect your retail environment from fraud and insider threats.

Every action, both for internal device configuration and external data processing, is logged in secure and exportable audit logs, simplifying the audit process.

Total Lifecycle Security

The expansive Futurex solution suite for retailers provides security every step of the way, forming a total solution for data, keys, and certificates across their entire lifecycles from generation to end of life:

The SKI Series 3 for injection of keys into payment terminals during manufacture
The Excrypt Plus and Excrypt SSP Enterprise v.2 for securing payments within production environments
The KMES Series 3 for tracking and remotely replacing encryption keys and certificates
The Guardian Series 3 for centralized management of your entire cryptographic system
The Excrypt Touch for remote infrastructure configuration and loading major keys

Market-leading payment processing technology

For the individual payment terminals found in every retail store, Futurex provides the algorithms, protocols, verification service, and authentication technologies needed to secure every kind of payment and prevent fraud.

At the device management level, Futurex provides predictive analytics and intelligent monitoring of vital system parameters, potential problems such as exhaustive PIN attacks, fraudulent transactions, overall infrastructure health, and more.

A customizable and automated alerting system prevents fraud more effectively by keeping your systems administrators aware of suspicious activity before it escalates.

Online transactions

Today, consumers want options for how they shop. According to the latest trends in retail, customer spending remains consistent.

But the venue for these transactions has shifted from physical store locations to online services, such as the retailer’s eCommerce website or payment gateway.

Implementing eCommerce site solutions provides customers with a secure way to conduct a payment transaction online with minimal risk.