The P2PE V2 specification will make theft of card data meaningless. Free Technical Library News

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P2PE V2 specification will make card data theft pointless

14.07.2015

The Payment Card Industry Security Standards Council (PCI SSC) has published an important update to one of eight security standards related to the use of payment cards.

According to PCI SSC, the update will simplify the development and use of solutions that provide data encryption based on the Point-to-Point Encryption (P2PE) principle. In the case of P2PE, encryption is performed by a tamper-resistant module directly at the reading point, which makes the data from the card inaccessible to conventional reading methods and reduces the value of the stolen data to an attacker.

The PCI Point-to-Point Encryption Solution Requirements and Testing Procedures Version 2.0 specification is intended for providers of P2PE components and services that fulfill P2PE requests and can be built into P2PE solutions. Along with certified P2PE solutions and applications, the PCI Council will maintain a list of certified P2PE components, making it easier for integrators to select them.

In addition, the new version of the standard gives merchants the ability to implement and manage their own P2PE solutions at the point of sale.

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