Utimaco’s Payment Hardware Security modules work as a root of trust
Retailers store and process a large amount of sensitive customer data and confidential information, includingPersonal Identifiable Information (PII), financial credentials, user names and passwords, making them extremely vulnerable to cyber-crimes.
The typical cybersecurity attacks in retail are ransomware, data breaches, credential phishing, website hacking, and DDoS attacks, just to name a few. The consequences of these types of cyber-crimes are always the same for the retailer – financial loss, reputational damage, fines, and potential legal action from customers.
To protect themselves from cybercrimes, retailers need to update their legacy security systems, and encrypt their point-of-sale, card systems, and processors.
By providing HSMs with strong physical and logical security, Utimaco delivers trusted digital end-to-end processes, ranging from PCI compliant payment card processing, bank card issuing, and cardholder authentication through to tokenization of payment data and blockchain solutions.
