Heartland Completes First Step in End-to-End Encryption

Heartland Payment Systems, the card processor whose 2008 security breach may have compromised the most card data ever, announced it has completed the first step in developing end-to-end encryption.

Since Heartland experienced its breach, which is still the subject of litigation, the company has been aggressive in developing end-to-end encryption protocol.

The first step transmitted the most highly encrypted card data from a point-of-sale terminal the company developed through to its card processing platform.

"Yesterday's transactions involved a Texas-based merchant and multiple credit card, prepaid and signature debit card transactions testing each of the major card brands," explained Heartland CEO Robert Carr.

"These cards were read by our newly developed pilot tamper-resistant security module terminal. The data was encrypted as the electronic digits left the magnetic stripe and entered the TRSM hardware device. The data was then successfully transmitted to and through our processing platform for authorization and settlement," he said.

Comments

More News

Resource Center

View All »

How Enterprise Software Helps Financial Services Firms Improve Efficiency and Reduce Costs

This white paper describes how enterprise software solutions, when built on a flexible and adaptable technology platform, can help financial services firms streamline workflows, consolidate...

Getting Ready for IFRS

This white paper describes how your company can make the transition to IFRS in a timely and cost efficient manner as well as what your...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings