Lokitech Inc., a small software security firm in suburban Washington, D.C., has crafted an Open Source-based security solution for credit card processing that will run with .NET and Java enterprise systems. . .. Lokitech Inc., a small software security firm in suburban Washington, D.C., has crafted an Open Source-based security solution for credit card processing that will run with .NET and Java enterprise systems . Lokitech's approach allows a business to store encrypted credit card lists and other sensitive information, says the company's CEO, Serge Knystautas. Lokitech developed the encryption solution for an Internet-based casino project, involving teams in the U.S., Canada, U.K. and Costa Rica, but the resultant easy-to-deploy two-way encryption platform is finding a larger audience, taking the risk out of using Open Source solutions for securing mission-critical data. "We needed a way to store credit card numbers and account information without making the integration between different teams overly complicated. The technique we came up with allowed us to ensure that backups and communication were secure without adding significant costs or complexity," Knystautas added. The link for this article located at OETrends is no longer available. . Lokitech's Open Source platform boosts the security of card payments, facilitating smoother integration while safeguarding customer information.. Open Source Security,Credit Card Encryption,Data Protection,Online Transaction Solutions. . LinuxSecurity.com Team
American Express Co., amid continued consumer concerns over online security, is proposing an answer: disposable credit card numbers. The card number would be good for one transaction only, and shoppers would no longer have to give their credit-card number to merchants . . . . American Express Co., amid continued consumer concerns over online security, is proposing an answer: disposable credit card numbers. The card number would be good for one transaction only, and shoppers would no longer have to give their credit-card number to merchants over the Web. The service, to be called Private Payments, will be free for cardholders and will cost nothing extra for merchants who accept American Express. The service will be available to holders of any American Express card within a month. The link for this article located at ZDNet is no longer available. . Visa launches temporary card numbers to enhance online security and safeguard customer information.. Disposable Credit Cards, Online Shopping Security, Consumer Payment Solutions. . LinuxSecurity.com Team
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