Hotel industry hopes to establish greater credit card security

Hotel industry hopes to establish greater credit card security

PCI compliance is a critical aspect of the hotel industry because credit card data is generally stored across companies' systems for weeks or even months at a time. This leaves information vulnerable to outside threats, according to a recent HotelNewsNow.com report.

To combat this problem, at least 16 hotel groups are interested in developing an industry-wide credit card security solution with Hotel Technology Next Generation, according to an announcement from the organization.

"Every major hotel company is working to get as many of their systems as possible out of the scope of the Payment Card Industry Data Security Standards," said HTNG CEO Douglas Rice. "Most of these companies have focused on solutions based on tokenization, and many have implemented them or are in the process of doing so."

Bob Russo, general manager of the PCI Security Standards Council, told HotelNewNow.com that the organization is in favor of the hotel credit card security framework. Russo added that security remains the top issue and, once this is addressed by people and successful processes, compliance will be achieved "as a byproduct."