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MICROS Announces Greater Level of Security when Processing Credit Cards - Enhanced security is now available for MICROS OPERA and MICROS RES Customers with P2PE and Tokenization (NASDAQ: MCRS) - MICROS.com
MICROS Announces Greater Level of Security when Processing Credit Cards

 

PRZOOM - /newswire/ - Columbia, MD, United States, 2012/02/27 - Enhanced security is now available for MICROS OPERA and MICROS RES Customers with P2PE and Tokenization (NASDAQ: MCRS) - MICROS.com. NASDAQ: MCRS

   
 
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MICROS Systems, Inc., a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce that it now offers Point-To-Point Encryption (P2PE) and Tokenization for its MICROS OPERA Enterprise Solution and MICROS Restaurant Enterprise Solution (RES) customers. Utilizing Merchant Link TransactionShield and TransactionVault, customers using MICROS OPERA version 5.0.03.01+ or MICROS RES version 4.10+ and our new encrypting and tamper-resistant card readers can obtain a greater level of security when processing payment card transactions, and reduce their Payment Card Industry Data Security Standard (PCI-DSS) scope.

This newest generation of hardware-based encryption and Tokenization ensures that unencrypted payment card data is not processed, stored or transmitted on the MICROS OPERA or MICROS RES systems, as it is encrypted at the initial point of swipe using the new encrypting card reader. The encrypted credit card data is then securely transmitted to Merchant Link for decryption and processing. A token is generated by Merchant Link and returned to the MICROS OPERA or MICROS RES system where it is stored after authorization. This solution provides secure and cost effective protection against the increasingly common interception of cardholder data in-transit.

MICROS’s new P2PE and Tokenization solution has been implemented at many locations, including The Georgia Center, a hotel, conference, and continuing education learning facility for University of Georgia students, visitors, and the community. “Adding P2PE and Tokenization to our MICROS OPERA solution was the easiest and most cost effective way for us to satisfy and exceed our PCI compliance regulations,” stated Corey Doster, IT Director, The Georgia Center. “P2PE and Tokenization reduce our PCI-DSS scope and therefore eliminate some of the time consuming and costly steps that we needed to take to become and stay PCI compliant. It was very important for us to enhance our transaction security and protect our customers’ credit card data from potential threats. MICROS’s security offerings allow us to be proactive about potential threats, by preventing sensitive data from ever passing through our OPERA system.”

“Many credit card security compromises today involve the interception of unencrypted cardholder data in-transit,” stated Jim Walsh, Chief Information Security Officer, MICROS Systems, Inc. “MICROS’s new P2PE and Tokenization solution provide a robust and cost effective tool against this common method of theft. With strong, hardware-based encryption at the initial point of swipe, the likelihood of a merchant cardholder data compromise is reduced. We are very pleased to offer our customers this powerful and cost effective solution, which provides significant security benefits, as well as reduces PCI-DSS scoping and compliance costs.”

About The Georgia Center
The University of Georgia's Conference Center and Hotel (georgiacenter.uga.edu) is located on the beautiful, historic campus of UGA in Athens, Georgia. The Center includes a 200-room hotel, four onsite dining options, banquet areas, conference rooms, auditoriums, a fitness center, and a computer lab — all under one roof. The Georgia Center received the "2010 Prime Site Award" from Facilities & Destinations Magazine. And Meetings and Conventions Magazine highlighted The Center as among the best university-based conference centers in the country.

About MICROS Systems, Inc.
MICROS Systems, Inc. (micros.com) provides enterprise applications for the hospitality and retail industries worldwide. Over 330,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, leisure and entertainment, and retail operations in more than 180 countries, and on all seven continents. In addition, MICROS provides property management systems, central reservation and customer information solutions under the brand MICROS-Fidelio for more than 26,000 hotels worldwide, as well as point-of-sale, loss prevention, and cross-channel functionality through its MICROS-Retail division for more than 100,000 retail stores worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS.

For more information on MICROS and its advanced information technology solutions for the hospitality industry, please contact Louise Casamento, Vice President of Marketing at (866) 287-4736. You can also visit the MICROS website or send an email to info[.]micros.com.

The MICROS logo is a registered trademark of MICROS Systems, Inc.
All other product and brand names are the property of their respective owners.

 
 
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MICROS Announces Greater Level of Security when Processing Credit Cards

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MICROS Systems, Inc. | The Georgia Center
Contact: Louise Casamento - MICROS.com 
443-285-8144 lcasamento[.]micros.com
 
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