In Hospitality Breach News Encryption for Payment Processing
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New press release from Datacap. The hospitality industry is often targeted by cyberattacks due to the vast amount of sensitive data it handles, including personal identification, credit card information, and health data. Here are some key points or the “whys” regarding data breaches in this sector:
- **High Vulnerability:** Up to 31% of hospitality organizations have reported experiencing a data breach, with 89% encountering multiple breaches within a single year.
- **Common Attack Methods:** Cybercriminals frequently use social engineering, phishing, and ransomware attacks to penetrate hospitality systems.
- **Notable Breaches:** Major hotel chains, such as Marriott International and MGM Resorts International, have faced significant data breaches that affected millions of guests.
- **Impact:** Data breaches can lead to severe consequences, including financial losses, reputational damage, legal costs, and regulatory fines.
- **Security Measures:** To address these threats, hospitality businesses are implementing robust cybersecurity measures, including PCI-DSS compliance, multi-factor authentication, and endpoint detection and response.
This release summarizes a partnership between Bluefin and Datacap Systems, aimed at providing PCI-Validated Point-to-Point Encryption (P2PE) processing for hospitality businesses in the U.S. and Canada. The collaboration seeks to enhance payment security, streamline compliance, and ensure seamless payment experiences for an industry that is particularly susceptible to data breaches. By integrating Bluefin’s P2PE technology with Datacap’s payment solutions, this partnership significantly reduces the compliance burdens and scope of PCI DSS controls in the point-of-sale environment.
Bluefin and Datacap Partner to Deliver PCI-Validated Point-to-Point
Encryption (P2PE) Processing to Hospitality Businesses
October 31, 2024 – Atlanta, GA – Bluefin, a leader in PCI-validated encryption and tokenization technologies that protect payments and sensitive data, and Datacap Systems, Inc., a leading hardware and processor-agnostic omnichannel payments provider, announced they are partnering to deliver PCI-Validated Point-to-Point Encryption (P2PE) Processing to hospitality businesses across the United States and Canada.
Datacap is Bluefin preferred omnichannel payments provider to the hospitality industry for PCI-validated point-to-point encryption (P2PE) , reducing a customer’s PCI DSS compliance burden by more than 70% and PCI control scope reduction at the point-of-sale environment by more than 90%. The partnership will help secure and protect payments for the hospitality industry which is highly vulnerable to data breaches: According to industry estimates, up to 31% of hospitality organizations have reported a data breach, and 89% have been affected more than once in a year.
“The Datacap team understands the critical importance of protecting payments and data from compromise across all channels,” said Drew Monroe, Chief Revenue Officer. "By integrating Bluefin’s PCI-validated point-to-point encryption with Datacap’s industry-leading payments solutions we are empowering hospitality providers to benefit from enhanced security, streamlined compliance, and seamless payment experiences.”
“Partnering with Bluefin allows Datacap to offer hospitality ISVs the highest level of security for their merchant’s transactions without compromising the user experience,” said Justin Zeigler, Director of Product at Datacap. “With Bluefin’s PCI-validated P2PE, our partners can confidently focus on delivering exceptional guest experiences while reducing PCI DSS scope and compliance costs.”
Merchants interested in PCI-Validated P2PE should contact their POS reseller to learn how Datacap and Bluefin can help reduce their PCI DSS compliance burden and PCI control scope.
About Bluefin
Bluefin is the recognized integrated payments leader in encryption and tokenization technologies that protect payments and sensitive data. Our product suite includes solutions for contactless, face-to-face, call center, mobile, Ecommerce and unattended payments and data in the healthcare, higher education, government and nonprofit industries. The company’s 300 global partners serve 35,000 connected enterprise and software clients operating in 60 countries. Bluefin is a Participating Organization (PO) of the PCI Security Standards Council (SSC) and is headquartered in Atlanta.
About Datacap Systems
Datacap builds industry-standard payment solutions for Point of Sale providers to meet the needs of merchants in any market. Security-centric solutions for virtually all processing platforms route through dozens of pre-certified devices from leading OEMs – all via a universal payments integration, empowering merchants to create a unified payments experience across brick and mortar, online, mobile and unattended applications. As the only channel-centric and processor-agnostic payments provider in the industry, Datacap is the ideal partner for any POS provider that’s serious about building a solution that will scale to address the needs of virtually any merchant, regardless of market or payment
processing platform. If your Point of Sale application isn’t yet integrated to Datacap, contact us to get started today! https://datacapsystems.com/contact-us/