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The Critical Importance of Security and Compliance in the Digital Payments World

In today’s world where cashless payments are surpassing cash transactions, organizations are under pressure to make payment and data security their number one priority. Sensitive transactional payment data is a hot commodity on the dark web and hackers are always on the lookout for vulnerabilities that serve as easy targets for cyber attacks. Compromised data means compromised trust, which is why data security is so critical to business success.

Today, organizations are faced with the challenge of not just protecting customer data, but also adhering to strict data security regulations and compliance standards. Regulatory and standards bodies, along with governments are regularly publishing new requirements compelling organizations to step up their efforts in securing sensitive data. A recent example of this would be the new “key bundling” requirement released by the PCI Security Council requiring organizations to increase security for encrypted keys. Many organizations in the payments ecosystem understand that security and compliance should go hand in hand, but struggle to address both in an effective and cost-efficient way.

Register for this Utimaco webinar to learn about:

•The threats and challenges associated with payment data security
•Legacy vs New Payment use cases and the associated security implications
•Evolving payment data security regulations (laws) and standard – PCI DSS, PCI HSM, PCI Keyblocks, PSD2
•How to be secure while meeting compliance

Presenter Info:

Haris Sethi, Utimaco
Haris is a Senior Systems Engineer at Utimaco specializing in payment security, compliance and innovation. Working for Utimaco Information Security unit, Haris brings almost a decade of payment security related experience working for companies like MasterCard, Barclaycard, and Thales.
Recorded May 23 2019 45 mins
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Presented by
Haris Sethi, Senior Systems Engineer, Utimaco
Presentation preview: The Critical Importance of Security and Compliance in the Digital Payments World

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  • The Critical Importance of Security and Compliance in the Digital Payments World Recorded: May 23 2019 45 mins
    Haris Sethi, Senior Systems Engineer, Utimaco
    In today’s world where cashless payments are surpassing cash transactions, organizations are under pressure to make payment and data security their number one priority. Sensitive transactional payment data is a hot commodity on the dark web and hackers are always on the lookout for vulnerabilities that serve as easy targets for cyber attacks. Compromised data means compromised trust, which is why data security is so critical to business success.

    Today, organizations are faced with the challenge of not just protecting customer data, but also adhering to strict data security regulations and compliance standards. Regulatory and standards bodies, along with governments are regularly publishing new requirements compelling organizations to step up their efforts in securing sensitive data. A recent example of this would be the new “key bundling” requirement released by the PCI Security Council requiring organizations to increase security for encrypted keys. Many organizations in the payments ecosystem understand that security and compliance should go hand in hand, but struggle to address both in an effective and cost-efficient way.

    Register for this Utimaco webinar to learn about:

    •The threats and challenges associated with payment data security
    •Legacy vs New Payment use cases and the associated security implications
    •Evolving payment data security regulations (laws) and standard – PCI DSS, PCI HSM, PCI Keyblocks, PSD2
    •How to be secure while meeting compliance

    Presenter Info:

    Haris Sethi, Utimaco
    Haris is a Senior Systems Engineer at Utimaco specializing in payment security, compliance and innovation. Working for Utimaco Information Security unit, Haris brings almost a decade of payment security related experience working for companies like MasterCard, Barclaycard, and Thales.
Content for cybersecurity professionals - data security and compliance
Utimaco is a cyber security specialist and leading manufacturer of Hardware Security Modules (HSMs), that provide the Root of Trust to many industries including Federal, State & Local Government, Aerospace & Defense, Cloud and IT Service Providers, Outsourcers and System Integrators. Utimaco combines best of breed General Purpose HSMs with Enterprise Secure Key Management solutions catering to a truly global customer base. Together with Atalla, our latest acquisition, Utimaco is committed to keeping cryptographic keys and digital identities safe. With over 1,000 installations across 80 countries, the Utimaco product family offers unrivaled trust – now and in the future.

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  • Title: The Critical Importance of Security and Compliance in the Digital Payments World
  • Live at: May 23 2019 7:00 pm
  • Presented by: Haris Sethi, Senior Systems Engineer, Utimaco
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