Enterprise Key Management Solutions (EKMS) using Secure Cryptographic Devices (SCDs) is the right way to go for encrypted key security in the Payments Industry. The basic concept of encryption can be dated back as far as 500BC when the Hebrew alphabet was substituted with Atbash cipher; a monoalphabetic substitution. Some school of thought also argue...Read More
Without mincing words, whatever that could end or even slow down the widespread fraud on credit card data would be a valuable asset to the PCI security standard council (PCI SSC); which is their primary goal as a council. The fraudulent activities are so rampant that a recent publication from Gemini Advisory, reported that about...Read More
PCI PIN Security The cashless economy has been encouraged in almost every part of the world and it has positively impacted the security of life, reduces the chances of theft, eases the stress of transaction, increase economic growth and helps authenticate and formalize the transactions that are done. In a cashless society, financial transactions...Read More
Are you PCI PIN compliant and if not what can you do to be ahead of the game for your next QPA assessment? All VISA validating participants, i.e. acquiring institutions, processors, and Key Injection Facilities (KIFs) which are responsible for PINs are mandated by VISA to submit a PCI PIN AOC (Attestation of Compliance) every...Read More
PCI PIN Requirement 18-3, Key Blocks Implementation “Phase 1,” is effective JUNE 1st. Are you ready? Most organizations in the payments industry are are aware that the latest requirements for Key Blocks in PCI PIN 3.0 have been broken into three phases, each with its own effective date. This allows organizations to focus their resources...Read More
There have been exciting developments within the payments industry this past week, with Fidelity National Information Services Inc (FIS) announcing last Monday it has agreed to buy Worldpay for about $35 billion. The acquisition marks the biggest deal to date in the fast-growing electronic payments industry. Growth in payment systems has kept deals rolling even...Read More
Welcome to GEM SECURITY SOLUTIONS GEM SECURITY SOLUTIONS is an exciting new launch by an expert in the payment security industry, Donna Gem. With over 27 years of expertise in PCI regulations and payment brands, Donna Gem brings a wealth of knowledge and experience to the company and looks forward to working with you to...Read More
GEM SECURITY SOLUTIONS will help to ensure that your business is PCI PIN complaint. Our job is to let you focus on the core business functions while we handle the information security pre-assessment and remediation.