SSL encryption is a standard encryption method used for decades. A vulnerability named POODLE has been detected within SSL and is no longer PCI compliant. POODLE (Padding Oracle On Downgraded Legacy Encryption) is a vulnerability in SSL that could allow a hacker to extract data from secure online connections.
Why should you care? Well, there could be a loss of confidential data that allows an attacker to decrypt sensitive information on your systems.
According to the PCI Standards Council Blog, the Payment Card Industry Stands Council (PCI SSC) is extending the migration completion date to June 30, 2018, for transitioning from SSL AND TLS 1.0 to a secure version of TLS (currently v1.1 or higher).
The new date of June 2018 (with some deadlines as soon as this summer) offers additional time to migrate to more secure protocols, but waiting in not recommended.
The existence of the POODLE and Heartbleed exploits, among others, prove that anyone using SSL and before TLS risks a breach. To view the PCI Standard Council’s Q & A regarding compliance visit the PCI Standards Council Bulletin on migrating from SSL.
POODLE SSL Vulnerability Risk
So How Do You Keep Your POS System Secure?
Once the deadline is up, the credit card processing functionality of any non-compliant equipment will cease. This is an industry-wide requirement. Most legacy POS systems are vulnerable and will need to be upgraded before the deadline.
To remain PCI compliant, merchants, in some cases, will need to update software, operating systems, and/or hardware. Merchants who refuse to upgrade their system will not be able to process credit cards once the deadline is met.
Prismpay has gotten out ahead of the potential POODLE SSL vulnerability disruption and is fully PCI compliant, but most POS companies are just starting to become aware of this issue and it is likely that many of them will be severely impacted in the months to come.
Prismpay is Secure and PCI Compliant
It’s time to protect your business with Prismpay, a PCI compliant POS solution. Visit https://www.Prismpay.com to learn more about our products and services or feel free to learn more here about Point of Sale Security.
The Payment Gateway was designed with you the merchant in mind.
PrismPay provides solutions for all your online payment requirements. Our company offers a suite of services for secure end-to-end payments. PrismPay is an industry leader in credit card and electronic check processing for all types of companies. This gives us the experience and knowledge necessary to have the answers your online payment processing platform needs.
We wanted to provide a simple, low-cost, and innovative solution to the global payment industries. We were able to accomplish this with a shared appreciation for innovation, customer focus and technology. Our goal is to become the premier provider of payment solutions.
The platform infrastructure supports many types of forms of payment including:
PrismPay supports the following types of programs:
Today’s online market is the busiest it’s ever been. That’s why it’s more important now than ever before to ensure that your business stands apart from the competition. At PrismPay, we give you a simple, effective way to showcase what makes you great. We also help you draw new customers with focused branding efforts. Also we can improve your business on multiple fronts. We do this through techniques like giving your website a boost, providing you powerful analytics tools, enhancing your social media presence, and giving you a cutting-edge marketing strategy.
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