Hardware Security Module for E-commerce – The Best Companian Ever

No wonder, e-commerce has completely revolutionized the workflow of entire business ecosystem. Every next day, we observe a bunch of announcements pertaining to new ventures coming up with their online presence. Well! there is no doubt that e-commerce is one of the finest platforms used to reduce the gap between any product and its targeted audience. It plays a starring role to improvise the revenue of any organization. If you are an online retailer, then it is mandatory to adhere the latest data security standards to capture, use or store cardholder’s information for any financial transaction. In other words, online retailers are required to follow the PCI DSS E-Commerce guidelines that narrate the responsibilities pertaining to cardholder’s data, payment processing and network security. Here comes the hardware security module in the picture.

In e-commerce, the transactions may be of various types that require management of orders, invoices, logistics, customer queries, partner programs, and much more. But, in order to build trust among online audiences, you need to make sure that your web property is facilitating the user to connect and communicate in a secured environment. Therefore, organizations make use of Public Key Infrastructure (PKI) for transmitting data across the TLS connection. The process of encrypting and decrypting data in a secured way requires public key and private key respectively. Public key is used to encrypt the data wherein the private key is used for decryption mechanism. Hence, maintaining the secrecy of private key plays a significant role in data security. At present, there are two main procedures of authenticating cardholder’s information online. The first one is known as Cardholder Verification Value (CVV/CVC/CSC, etc.) wherein the user needs to input a specific number while performing an online transaction. And, another method is XML-based authentication (3-D Secure, SecureCode, and more), which requires a 6-digit pin code created by the respective cardholder. Kryptoagile's collection of hardware security modules, is proficient enough to generate and authenticate cards using both methods.

At, Kryptoagile, we completely understand how important your data can be for your business enterprise. Our HSMs protect your private keys against hackers or even your internal staff trying to obtain access to your server for stealing your private key. The technology, namely tokenization is extremely helpful to keep these issues at bay. Tokenization uses HSM to secure sensitive data by replacing it with tokens or unique identification symbols containing information in a secured environment, and satisfies the PCI DSS requirements. The entire process is extremely easy to integrate with your existing IT infrastructure, and vouches for a consistent growth in your business. The most suitable hardware security modules in this scenario are as following:

The Universal Benefits of Hardware Security Modules (HSMs):

  •  Automated digital signing or e-invoice generation and signing
  •  Secure Payment Processing including NEFT transaction signing or RTGS transaction signing
  •  Cloud encryption and time stamping
  •  Debit and credit card key generation
  •  Network device management including key rotation
  •  Better Key management including key rotation, key generation, key injection, etc.

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