If Data Has No Value, Its Theft Is PointlessConsumer and merchant confidence in the payment network requires constant vigilance, investments and cross-industry collaboration. As more consumers shop and pay with connected devices, and commerce increasingly migrates to digital channels, the industry must invest in new standards, technologies and products. One of the best defenses is removing sensitive account data from the payment environment, putting it into a form that cannot be used by criminals for fraud. In this session we'll discuss the use of chip, tokenization and encryption technologies and how they work in tandem to secure payments.
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See Also: Creating a Culture of Security