Data security and tokenization will become popular in 2012

Data security and tokenization will become popular in 2012

Security company Protegrity predicts that in 2012 companies will focus more on data security and tokenized security.

"Tokenization will become more attractive to service businesses such as hospitality, where PCI compliance is widely required but where the appropriate resources to do a comprehensive job of protecting data are often lacking," says Ulf Mattsson, CTO of Protegrity. "Because tokenization can reduce the scope of compliance by 50 percent or more, the savings can be significant for these businesses."

The company said there will be further developments in practices to secure end customer data and a move to protect mobile payments. Protegrity said data should be protected regardless of if a person is conducting a credit card transaction from a PC or from their iPad or iPhone. Company executives also predict a drop in log monitoring as a way of securing an eCommerce website.

A writeup for security predictions in 2012 and 2013 on Sans Technology Institute's website said PCI DSS will continue to spread across businesses as more look to get on the eCommerce bandwagon.