Skip to main content

World Card Summit: 'Significant opportunities and challenges,' says G&D

Speaking on cloud-based security and mobility at this year’s World Card Summit Axel Deininger, Giesecke & Devrient’s President and Head of Secure Devices Division, said that the already large number of ‘Card not Present’ transactions offer security solution providers significant opportunities and challenges. But, he added, solutions for data encryption can in many cases be derived from existing portfolios – the key is providing both access and secure end-to-end solutions.
November 20, 2013 Read time: 2 mins
Speaking on cloud-based security and mobility at this year’s World Card Summit Axel Deininger, Giesecke & Devrient’s President and Head of Secure Devices Division, said that the already large number of ‘Card not Present’ transactions offer security solution providers significant opportunities and challenges. But, he added, solutions for data encryption can in many cases be derived from existing portfolios – the key is providing both access and secure end-to-end solutions.

The enterprise security market is growing massively, noted Gemalto’s CEO Olivier Piou. Mobile phones and tablets are the principle drivers however the cloud creates particular challenges because of the proliferation of solutions. Multi-factor ID has progressed but needs to progress further, said Stephan Hofschen, CEO of Infineon Technologies’s Chip Card Division; some form of standardised access is needed and Piou noted that One-Time Password technology is relatively easy to deploy.

Steve Owen, SVP of Identification Sales at NXP Semiconductors, observed that on the consumer side organisations such as Google are pushing more security-related features. “But,” he added, “in the same way that many people only buy a burglar alarm once they’ve been burgled, we need to make people realise the security threat before something happens.”

Related Content

  • Can GNSS solve the tolling world’s woes?
    December 5, 2013
    Kapsch’s Arno Klamminger and Wolfgang Fleischer consider the need for an agnostic approach to technology for charging and tolling. Periodically, given the march of technology, it is worth pausing and taking stock of where we have got to and where we go next. Such reflections are necessary if we are to take full advantage of what we have at our disposal and, potentially, avoid decisions which push us down technological culs de sac. A look at the use of Global Navigation Satellite System (GNSS)-based technol
  • Madrid pilots contactless ticketing
    March 4, 2015
    Ticketing solutions provider Gemalto is providing a comprehensive mobile contactless solution for a pilot project that enables NFC easy and secure access to the Madrid transport system. Gemalto’s Allynis Trusted Service Manager (TSM) has been integrated into back office systems operated by Consorcio Regional de Transportes de Madrid (CRTM) by Empresa Municipal de Transportes de Madrid (EMT), while its UpTeq Multitenant SIM with MIFARE DESFire technology has been supplied to Spain’s mobile network operator,
  • Investing in ITS: Show us the money
    April 8, 2022
    The ITS industry is currently attracting a lot of interest from private equity and venture capital providers. Adam Hill asks some of the people who have their eyes on the market what makes it such a good bet
  • Big Data: Datalogic predicts growth in advanced data collection
    December 6, 2013
    Datalogic, a global leader in automatic data capture and industrial automation markets, expects a surge in next generation advanced data collection devices, which will intelligently edit and communicate data and play a critical role in providing improved business analytics, termed ‘big data’. This vision for future market growth was delivered by Bill Parnell, President and CEO of Datalogic ADC, the division focused on the global automatic data capture market, speaking during ID World Rio de Janeiro, the