A small bank is evaluating different methods to address and resolve the following requirements:
• Must be able to store credit card data using the smallest amount of data possible.
• Must be compliant with PCI DSS.
• Must maintain confidentiality if one piece of the layer is compromised.
Which of the following is the BEST solution for the bank?
Tokenization is the best solution for the bank. It replaces sensitive credit card data with a unique identifier (token) that retains the essential information without exposing the actual data. This method minimizes data storage size and ensures compliance with PCI DSS by keeping sensitive information secure. Tokenization also maintains confidentiality even if one layer is compromised, since the tokens are meaningless without access to the tokenization system.
B: Tokenization - This is the PCI DSS standard. If one piece is compromised or intercepted with will have very little value. There's a 20+ page manual for Token implementation by the Security Standards Council if you want to get nerdy. A: Only removes information C: Only hides certain information in larger data sets D: Allows monitoring encrypted data without decrypting it
tokenization