The Banking industry retains more data than ever before, and this brings a range of obligations and responsibilities related to how this information is processed, exchanged, stored, and used.
There is also the possibility of financial penalties if institutions have been found to have acted carelessly or unethically. Protecting data privacy has always been one of the most significant challenges in the Banking and Financial Sector. There is a common requirement across the industry - a necessity for the security of customer data whether it’s at rest, in motion, or in use.
Utimaco solutions meet the payment industry’s changing security landscape, from the issuance of a PIN number to the processing of online payments. The Atalla AT1000, and Cryptosec Banking HSMs have the most latest compliances when it comes to Payment Processing Standards, TR-31 Key Block, PCI PTS v3, and FIPS 140-2 Level 3.