Overheard: Word of the Day

Jun 3 2008   12:29PM GMT

Overheard: More than token opposition to tokenization

Margaret Rouse Margaret Rouse Profile: Margaret Rouse

credit_cards.jpg The most popular reason for not implementing tokenization is that companies have already implemented data encryption and key management systems costing hundreds of thousands of dollars, and either they did not feel they needed tokenization or they were unwilling to be perceived by upper management as “changing course” by recommending the removal of the data they just spent all this money to protect.

Evan Schuman, Opposition To Tokenization A Lot More Than Token

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