Trustwave and Transaction Network Services (TNS) have partnered to offer an open and vendor agnostic point-to-point encryption service.
The platform is designed to help merchants protect their customers' payment card information.
According to the 2013 Trustwave Global Security Report, cardholder data was the primary type targeted by cyber criminals in 2012, meaning businesses need a way to defend themselves against it.
The persistent encryption of cardholder data renders it unreadable to unauthorised third parties, such as hackers, who attempt to steal sensitive infomration, such as credit card numbers or personal details.
Encryption is another layer of defense against criminals or any third party as even if the information is accessed it would be unreadable.
As part of the relationship between the pair, TNS will host Trustwave Point-to-Point Encryption technology in its network and data centers enabling it to take encrypted transactions from merchants.
These transactions would then be decrypted and securely sent to one or more of a merchant's payment processors or acquirers.
By Asim Shah