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

  • V2X: “The stars are aligning,” says Qualcomm’s Jim Misener
    July 5, 2023
    The roll-out of Vehicle to Everything technology has been given a massive boost by the US Federal Communications Commission: Adam Hill talks to Qualcomm’s Jim Misener and Andres Castrillon to find out why it matters so much – and what the next steps to mass deployment are
  • Drover AI’s Alex Nesic: ‘We’re still in the basement level of micromobility’
    April 12, 2022
    The micromobility revolution has reshaped the way we get around cities, but it has created some problems too. Drover AI’s PathPilot is here to help cities – and pedestrians – Alex Nesic tells Adam Hill
  • The cloud - the future of in-car telematics?
    February 28, 2013
    Fiat Chrysler product concept and infotainment director Pierpaolo Tona told the conference that the big car manufacturers need to organise their telematics approach around three key pillars – and the first one of those is people. “OEMs need to understand consumers and their needs better than they understand them themselves,” he commented. The second pillar, suggested Tona, is technology. “Technology is never for the sake of it. Choose the right technology with the right performance to fulfil every consumer’
  • When will Google wake up to MaaS gold mine?
    December 3, 2018
    Mobility services are a potential gold mine for data-hungry tech companies. That being the case, Andrew Bunn asks: what exactly happens when giants such as Google and Amazon decide to get their teeth into MaaS? There are many different perspectives on Mobility as a Service (MaaS), with many different views on what the latest and future applications of technology are going to bring to transportation infrastructure. However, there is one question that does not seem to come up at all. Up to now, MaaS-relate