Heartland Selects Voltage Security for End-to-End Encryption
Heartland Payment Systems has selected Voltage Security as a partner to develop end-to-end encryption (E3) software specifically suited to payments processing.
“Heartland is developing a complete end-to-end encryption solution designed to protect cardholder data at all stages of a transaction – from card swipe through delivery to the card brands,” said Bob Carr, Heartland’s chairman and chief executive officer. “Together with Voltage, we are developing a comprehensive solution that currently does not exist.”
Heartland’s new E3 solution will significantly enhance the security of payment card information throughout the processing lifecycle. The Voltage SecureData™ product line, based on its Format-Preserving Encryption™ and Identity-Based Encryption™ approaches, will power the software component of Heartland’s E3 solution. Heartland also employs Voltage SecureMail™ and Voltage SecureFile™ to protect personal information throughout its corporate and extended business network.
“Heartland’s vision for E3 sets a new security standard for the payments industry,” said Sathvik Krishnamurthy, president and chief executive officer of Voltage. “With Heartland E3, merchants will be able to significantly reduce their PCI audit scope and compliance costs, and because data is not flowing in the clear, they will be able to dramatically reduce their risks of data breaches.”
Heartland will launch its E3 pilot in Q3 and will continue to roll out additional features and products through 2010.
Note: Glenbrook's Scott Loftesness is an advisor to Voltage Security.
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