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Intel Introduces Technology to Help Bridge Retail Security Gap, Drive Adoption of the Internet of Things

Intel® Data Protection Technology for Transactions Aims to Bolster Consumer Confidence

SANTA CLARA, Calif. — (BUSINESS WIRE) — October 15, 2014 — Intel Corporation today introduced Intel® Data Protection Technology for Transactions, the industry’s first solution to provide end-to-end encryption of consumer and financial data that is built into the point of sale (POS) platforms. Developed in collaboration with NCR*, a leader in consumer transaction technologies, the Intel Data Protection Technology for Transactions combines software optimized for retailers with Intel hardware, including Intel® Core™ and select Intel® Atom™ processors, to deliver a higher level of security from the start of a transaction until transaction data is stored on a bank server.

Intel Data Protection Technology for Transactions adds an extra layer of software to protect the payment process, complementing current retail investments in EMV (Europay*, MasterCard* and Visa*) credit card authorization, tokenization and other data protection technologies. The software resides and runs on the Intel chipset for enhanced security and helps close the gaps between data transmitted between POS devices and the data center.

The mounting number of data breaches has cast doubt on retailers’ ability to secure consumer data and sustain consumer confidence in sharing data, creating a barrier to the adoption of Internet of Things technologies.

It’s estimated that enterprise businesses will spend $114 billion dealing with malware-related cyberattacks in 20131 and, per multiple industry reports, tens of millions of credit cards have been compromised this year.

Intel Data Protection Technology for Transactions was developed to address these issues and speed the deployment of the Internet of Things in retail environments.

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“This solution introduces a significant improvement in today’s retail transaction data protection without costly hardware upgrades, and provides retailers a path for adopting new Internet of Things technologies,” said Michelle Tinsley, director of Mobility Retail and Payments, Intel. “It also sets the stage to expand to other industries such as financial services, healthcare or even government agencies.”

“Consumers and retailers need solutions that help narrow the risk of information making its way into the wrong hands,” said Chris Lybeer, vice president of Strategic Development at NCR. “NCR and Intel recognized the need to add a new level of security into transactional systems. With Intel Data Protection Technology for Transactions, in conjunction with NCR DataGuard, all important data from consumer information to payments to confidential business information are shielded from possible misuse.”

“It’s never been more important, or more difficult, for retailers to manage and protect data across the payment ecosystem,” said Karen Webster, CEO, Market Platform Dynamics. “Intel’s Data Protection Technology for Transactions security architecture does the obvious thing – it separates transaction processing from the POS – making that data less accessible and therefore more likely to be out of the reach of hackers. That can only help give both retailers and consumers more confidence that their POS experience is secure.”

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About Intel

Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com, and about Intel’s conflict-free efforts at conflictfree.intel.com.

1IDC White Paper, sponsored by Microsoft, The Dangerous World of Counterfeit and Pirated Software, March 2013.

Intel, Intel Core, Intel Atom and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.



Contact:

Intel Corporation
Danielle Mann, 973-997-1154
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