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

  • Are road user charging systems too complicated?
    February 27, 2012
    At any conference or exhibition, it tends to be the ad libs and asides, the departures from the scripted or official lines, which are the most telling. In mid-February, ITS-UK's Road User Charging Interest Group met in London. The event was no exception to that statement. Keith Mortimer, the Group's chairman, and his colleagues put together one of the better programmes on charging and tolling that I've seen in recent years. Sadly, however, the very positive presentations on deployments and technological pro
  • Prowag signals change to vision statement
    February 15, 2024
    New pedestrian signal requirements designed to make crossings safer for the visually impaired mean that accessible signals are no longer just an option for US cities and municipalities. They now have the backing of the law, explains Andrew Stone
  • DSRC? ‘It’s become a faith-based thing’
    March 2, 2021
    The US FCC’s decision on 5.9GHz led to Applied Information offering DSRC buybacks to DoTs. Bryan Mulligan tells Adam Hill that we now just need to get on and roll out CV technology...
  • Mobility itself is moving says cubic
    June 9, 2015
    Cubic’s Chris Bax looks at the challenges and benefits of implementing transport as a service. Imagine paying for travel in exactly the same way you buy your phone service. For example, you would pay a set amount in exchange for a monthly travel package covering up to 100km of free taxi journeys in your home city (including a guaranteed 15 minute pickup) and public transport usage within a 1,500km radius of your home. Not only would this option be cheaper than owning and maintaining your own car, you would