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Is Tokenization Safe? standard

In our industry, topics turn hot and cold in record time.  The hot topic this week seems to focus on the safety of using Tokenization as a solution for reducing compliance and security requirements. I found this blog post on StoreFront BackTalk by Walt Conway that poses the question, “What happens to my data if my token vendor goes bankrupt?” Earlier in the week, as part of my ISSA Editorial Advisory Board duties, I reviewed an article that posed some of the very same questions. Outsourcing the handling of payment data is a critical decision for merchants to consider, and it should not be taken lightly. Just like any other major decision any company makes, merchants should perform a risk ...

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