Product Sheet: VeriFone Verishield Protect

The potential liability associated with cardholder data breaches is daunting. The per record cost estimates for a security breach range from around $100 to several hundred dollars per record — meaning a breach could easily result in costs in the millions of dollars. Studies have also indicated that the vast majority of breaches are tied to cash-register and other POS process vulnerabilities. Unfortunately, the number of attempted and successful data breaches is increasing, even among those retailers that meet PCI DSS compliance standards and audits.

End-to-End Encryption: A Definition that Really Matters
End-to-end encryption means encrypting card holder information at the exact instant of acceptance inside a secure, trusted device and keeping it encrypted throughout your enterprise.

• Unlike other data encryption solutions, VeriShield Protect eliminates usable cardholder data from a retailer's POS applications, networks and servers by encrypting it end to end
• Protects against data compromise even in the event of a security breach
• Unique format preserving encryption requires no changes to most POS software and retail systems, or store procedures
• PCI PED approved hardware security module encrypts at the instant of acceptance
• Could reduce costs of PCI DSS compliance and auditing
• Only VeriFone provides real-time monitoring for real-time mitigation.

The Solution is VeriFone's VeriShield Protect.
VeriShield Protect, a global offering, is available on the MX 800 Series and Vx Solutions platforms, PAYware Transact server software, and as a managed service. It supports the broadest range of card payments, including magstripe, contactless and EMV-based.