How does tokenization make online payments more secure?

Enterprise Key Management

What is enterprise key management?Why is enterprise key management important?What are the benefits of using Enterprise Key Management for cloud data security?What are the challenges in enterprise key management?How does enterprise key management work?What are some best practices for enterprise key management?Can enterprise key management be integrated with existing systems?What are the compliance considerations for enterprise key management?Can enterprise key management recover encrypted data if a key is lost?How does enterprise key management address cloud and multi-cloud environments?Are there industry standards for enterprise key management?What are the pain points related to data security in hybrid multicloud environments ?What negative business impact can result from data security siloes and lack of monitoring?Do existing DSPM and CSPM tools address the challenges of data encryption risks?How do encryption and key management contribute to data protection? What challenges arise from the proliferation of encryption across different services?How does Fortanix address the challenges associated with encryption key management?How does Fortanix Enterprise Key Posture Management (EKPM) provide visibility into data security risks and industry benchmarks? How does Fortanix address the challenge of reporting compliance with policies and regulations?How does Fortanix Enterprise Key Posture Management (EKPM) align with regulatory and data security policies and standards? How does Fortanix Enterprise Key Posture Management (EKPM) simplify the complex and time-consuming task of correlating and analyzing at-risk data and services? How does Fortanix Enterprise Key Posture Management (EKPM) help organizations prioritize and remediate the most harmful risks quickly? Why are manual discovery processes considered complex and time-consuming, and how does Fortanix Enterprise Key Posture Management (EKPM) simplify them? How does Fortanix Enterprise Key Posture Management (EKPM) reduce the inefficient use of security personnel?Can Fortanix Enterprise Key Posture Management (EKPM) integrate with existing security and compliance tools? Does Fortanix Enterprise Key Posture Management (EKPM) integrate with SIEM or SOAR solutions for log analytics? Can Fortanix Enterprise Key Posture Management (EKPM) integrate with third-party IT ticketing systems for remediation workflows? What is Cloud Security Posture Management (CSPM)? What is Data Security Posture Management (DSPM)? What is Hybrid multicloud?

Post Quantum Cryptography

What is the quantum risk and its impact on data security?What are the implications of data sensitivity vs time?When will quantum computing pose a threat to encryption methods?Which protocols and certificates may become vulnerable in the post-quantum era?How can enterprises prepare data security strategies for the post-quantum era?Do current cloud platforms support post-quantum algorithms?What is the concept of cryptographic agility?How does cryptographic agility impact risk management for enterprises?Why is data classification important in the context of post-quantum readiness?How does crypto agility affect disaster recovery planning and insurance costs?What is the technical impact of post-quantum agility on organizations?How does Fortanix DSM help achieve cryptographic agility?What features does Fortanix DSM offer for key lifecycle management in PQC implementation?How does Fortanix DSM facilitate integration with leading applications in PQC implementation?

How does tokenization make online payments more secure?

Here's how tokenization makes online payments more secure compared to using your credit card directly:

Data Exposure:

Credit Card: There's a risk that the number, expiration date, and CVV can be exposed to the merchant. This data can be stored insecurely and intercepted during transmission, leading to potential breaches.

Tokenization: It replaces sensitive card data with a random token, and the actual card information is not transmitted or stored, significantly reducing the risk of data exposure.

Randomization:

Credit Card: A credit card number follows a predictable pattern based on the card issuer. Attackers can exploit this predictability and can guess the card numbers.

Tokenization: Tokens are random and have no inherent pattern, which makes it extremely difficult for attackers to guess or reverse-engineer the original data from the token.

Dynamic Tokens:

Credit Card: Unauthorized users can misuse card data for payment transactions because authorization is not required.

Tokenization: Dynamic tokens are valid only for specific transactions or within limited time frames. This prevents unauthorized reuse of intercepted tokens.

Centralized Security:

Credit Card: When merchants manage credit card data directly, it can lead to varying levels of protection that are not up to regulatory standards.

Tokenization: Payment processors or dedicated tokenization services offer centralized security expertise, potentially offering higher levels of protection.

Compliance:

Credit Card: Merchants cannot comply with strict PCI DSS compliance standards when storing actual credit card data

Tokenization: Since actual cardholder data is not stored, it meets the requirements of all compliances.