SafeNet launches new encryption product

Powered by SC Magazine
 

SafeNet has launched a hardware security module product that encrypts online transaction and card-holder data.

The ProtectHost Electronic Funds Transfer (PH EFT) device is designed for the movement of electronic retail funds and payment system processing such as online banking transactions and applications for credit and debit cards.

According to SafeNet, the device encrypts data such as passwords and PIN numbers at the company browser and decrypts it at the host to secure the process.

PH EFT includes a system that allows users to print automatic asynchronous transfer mode keys without compromising the financial data, SafeNet claimed.

The product is compatible with Europay, MasterCard and Visa and is aimed at payment processors, card-issuing companies, online merchants and electronic payment-solution providers.

PH EFT will be available from 15 October. Pricing was unavailable at the time of going to press.

Copyright © SC Magazine, US edition


SafeNet launches new encryption product
 
 
 
Top Stories
Matching databases to Linux distros
Reviewed: OS-repository DBMSs, MariaDB vs MySQL.
 
Coalition's NBN cost-benefit study finds in favour of MTM
FTTP costs too much, would take too long.
 
Who'd have picked a BlackBerry for the Internet of Things?
[Blog] BlackBerry has a more secure future in the physical world.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Which is the most prevalent cyber attack method your organisation faces?




   |   View results
Phishing and social engineering
  70%
 
Advanced persistent threats
  3%
 
Unpatched or unsupported software vulnerabilities
  12%
 
Denial of service attacks
  6%
 
Insider threats
  10%
TOTAL VOTES: 713

Vote