Making the Threat of Payment Data Loss Irrelevant
May 11, 2016
The threat landscape is constantly evolving and data theft experts are finding new ways to gain access to the data regardless if users are buying goods with magnetic stripes, EMV (“chip” cards), or mobile payments. Millions of cards have been breached despite the best efforts enterprises have deployed to secure the infrastructure and the data. Tokenization and encryption are the most effective strategies for preventing data theft at the point-of-sale, in merchant and processor databases, and in the new-generation mobile wallets. Effectively deploying payment data protection and using a comprehensive defense strategy is complicated by the emergence of new standards and payment options such as mobile wallets.
Join this complimentary webinar to learn why any payment business that wants to remove sensitive data needs to understand these strategies and how they can lower both risk and audit costs.
- How the threat landscape is evolving
- What the attackers are doing
- How merchants and processors are reacting to stay ahead of the attackers
- How to neutralize the risk of payment data breaches
George Rice, Sr.
For the past 20 years, George Rice has helped businesses use technology to improve the acceptance of electronic payments. He has assisted many of the largest US retailers in implementing solutions that improve the speed, convenience and security of payment transactions. In his current role as HPE Security – Data Security’s Senior Director of Payments, George works with both merchant acquirers and large retailers to implement technology that protects the sensitive data entrusted to them by consumers, including payment and personal data. Additionally, he manages relationships with the foremost payments solution providers, as well as the PCI council, the ETA and other industry organizations. George actively represents the industry interests on payment tokenization in his election to the EMVCo Board of Advisors.In past positions, George has assisted merchants in the adoption of innovative payment acceptance technologies, including electronic check and ACH. In 2000, he pioneered consumer use of biometrics in retail stores for safe and convenient payment initiation. His efforts spawned expanded use of biometric technology to the money services industry as a way for providers to improve the customer experience and comply with various industry regulations, such as AML (Anti-Money Laundering) and the BSA (Bank Secrecy Act).
Chris Griffith is the Global Director, Product Management for HPE Security – Data Security (formerly HP Atalla) which represents the company’s payments and data security business.
Prior to his role with HPE Security – Data Security, Chris spent over four years with HP Corporate Development where he led acquisitions for HP's Software, Cloud, Enterprise and Printing/Personal Systems businesses. In this role, he worked closely with senior HP executives to develop inorganic growth strategies, structure and negotiate transactions, and help integrate acquired companies.
Chris spent over a decade in the technology industry prior to HP, with a range of functional and technology leadership roles in the US and internationally. His experience includes technology investment banking, advising both blue-chip companies and high growth startups at Merrill Lynch, and enterprise software professional services and consulting at i2 Technologies.
Chris holds an MBA from UCLA Anderson in addition to engineering degrees from Princeton University and Stanford University.