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Article: Also In The News.(Industry News)
- Article from:
- Cards & Payments
- Article date:
- November 1, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Visa Inc. in October released guidelines to merchants that choose to add encryption to their data-security measures. Encryption is not required under the Payment Card Industry Data Security Standard, which describes how merchants must handle and protect card data. But the concept is getting more attention. The encryption guidelines impress upon merchants there is more to using encryption than buying any particular product, says Eduardo Perez, Visa global head of data security. However, offering broad guidelines instead of specific requirements "basically tells merchants there is a[bar] not going to be an industrywide end-to-end solution anytime soon," says Avivah Litan, ...