Intel Introduces Technology to Help Bridge Retail Security Gap, Drive Adoption of the Internet of Things
October 15 2014 - 11:00AM
Business Wire
Intel® Data Protection Technology for
Transactions Aims to Bolster Consumer Confidence
Intel Corporation today introduced Intel® Data Protection
Technology for Transactions, the industry’s first solution to
provide end-to-end encryption of consumer and financial data that
is built into the point of sale (POS) platforms. Developed in
collaboration with NCR*, a leader in consumer transaction
technologies, the Intel Data Protection Technology for Transactions
combines software optimized for retailers with Intel hardware,
including Intel® Core™ and select Intel® Atom™ processors, to
deliver a higher level of security from the start of a transaction
until transaction data is stored on a bank server.
Intel Data Protection Technology for Transactions adds an extra
layer of software to protect the payment process, complementing
current retail investments in EMV (Europay*, MasterCard* and Visa*)
credit card authorization, tokenization and other data protection
technologies. The software resides and runs on the Intel chipset
for enhanced security and helps close the gaps between data
transmitted between POS devices and the data center.
The mounting number of data breaches has cast doubt on
retailers’ ability to secure consumer data and sustain consumer
confidence in sharing data, creating a barrier to the adoption of
Internet of Things technologies.
It’s estimated that enterprise businesses will spend $114
billion dealing with malware-related cyberattacks in 20131 and, per
multiple industry reports, tens of millions of credit cards have
been compromised this year.
Intel Data Protection Technology for Transactions was developed
to address these issues and speed the deployment of the Internet of
Things in retail environments.
News Facts
- Intel Data Protection Technology for
Transactions creates a secure pathway between the transaction
endpoint, point of sale (POS) system and server networks to
securely carry consumer information.
- Intel Data Protection Technology for
Transactions helps mitigate risks by establishing a secure pipeline
through which transactions can request payment authorization and
provides a common security management capability for retailers to
utilize regardless of the original POS or peripheral vendor.
- The solution supports all modern forms
of credit and debit payment including EMV (Europay, Mastercard and
Visa), magnetic stripe and near field communication (NFC)
transaction readers, including Google Wallet*, Softcard* and Apple
Pay*.
- The technology works with all retail
POS form factors that have select Intel processors in their retail
POS networks, including tablets.
- The solution will be initially
available on Intel Core second- and third-generation processors as
well as succeeding Intel Core processor generations. In addition,
tablets with the Intel Atom processor code-named “Bay Trail-T” and
future Intel Atom processors will support this new Intel
technology.
- Intel Data Protection Technology for
Transactions may be applied to non-retail industries and
applications, such as to secure the way airports handle passport
and driver’s license identity information, or helping pharmacies
protect customer information related to prescription refills.
- This new Intel technology builds
flexibility into data protection, helping merchants shift resources
used to deal with security issues to improving the customer
satisfaction and purchasing experience.
- The client software is available now.
The full solution based on Intel Data Protection Technology for
Transactions will be available to retailers in the first half of
next year.
Supporting Quotes
“This solution introduces a significant improvement in today’s
retail transaction data protection without costly hardware
upgrades, and provides retailers a path for adopting new Internet
of Things technologies,” said Michelle Tinsley, director of
Mobility Retail and Payments, Intel. “It also sets the stage to
expand to other industries such as financial services, healthcare
or even government agencies.”
“Consumers and retailers need solutions that help narrow the
risk of information making its way into the wrong hands,” said
Chris Lybeer, vice president of Strategic Development at NCR. “NCR
and Intel recognized the need to add a new level of security into
transactional systems. With Intel Data Protection Technology for
Transactions, in conjunction with NCR DataGuard, all important data
from consumer information to payments to confidential business
information are shielded from possible misuse.”
“It’s never been more important, or more difficult, for
retailers to manage and protect data across the payment ecosystem,”
said Karen Webster, CEO, Market Platform Dynamics. “Intel’s Data
Protection Technology for Transactions security architecture does
the obvious thing – it separates transaction processing from the
POS – making that data less accessible and therefore more likely to
be out of the reach of hackers. That can only help give both
retailers and consumers more confidence that their POS experience
is secure.”
Supporting Resources
- Product page:
http://www.intel.com/transactiondataprotection
- Blog Post:
http://blogs.intel.com/iot/2014/10/protecting-consumer-information-ncr-intel-team-new-approach
- Infographic:
http://download.intel.com/newsroom/kits/iot/pdfs/DPT_infographic_V1.pdf
- Video:
http://www.intel.com/content/www/us/en/embedded/technology/security/secure-payment-transactions/overview-video.html
- Product Brief:
http://www.intel.com/content/www/us/en/embedded/technology/security/secure-payment-transactions/technology-brief.html
- Solution Brief:
http://www.intel.com/content/www/us/en/embedded/technology/security/secure-payment-transactions/ncr-solution-brief.html
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation.
The company designs and builds the essential technologies that
serve as the foundation for the world’s computing devices. As
a leader in corporate responsibility and sustainability, Intel also
manufactures the world’s first commercially available
“conflict-free” microprocessors. Additional information about Intel
is available at newsroom.intel.com and blogs.intel.com, and about
Intel’s conflict-free efforts at conflictfree.intel.com.
1IDC White Paper, sponsored by Microsoft, The Dangerous World of
Counterfeit and Pirated Software, March 2013.
Intel, Intel Core, Intel Atom and the Intel logo are trademarks
of Intel Corporation in the United States and other countries.
*Other names and brands may be claimed as the property of
others.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20141015005256/en/
Intel CorporationDanielle Mann,
973-997-1154danielle.mann@intel.com
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