Remote key injection solution enables...
January 2023 by Marc Jacob
Utimaco announces its partnership with Spencer Technologies, the leading provider of end-to-end IT life cycle solutions for every type of major corporation in the retail market.
The duo have combined their technological and market expertise to deliver a highly secure and certified solution that reduces the burden of compliance for the management of millions of cryptographic keys deployed in thousands of point of sale (POS) payment devices.
The payments market is highly regulated to ensure the highest levels of trust and security across the ecosystem. POS devices must be pre-loaded with the cryptographic keys needed to safely process payments, which can only be done in a trusted environment by authorized key custodians in a secure way.
When new keys are needed, manufacturers, deployers, and security providers traditionally inject keys locally into a replacement device and then ship it to its destination for a scheduled service replacement visit. This is a time-consuming and complex operating model with a high total cost of ownership (TCO) compounded by rising supply chain costs, staffing constraints and PCI compliance guidelines.
To solve this problem, Spencer Technologies has integrated Utimaco’s secure and certified Keybridge key injection solution into its Remote Digital Services Portfolio. Spencer’s customers, that deploy thousands of POS and digital devices from multiple vendors and require millions of keys to be injected, can now fully rely on Spencer to deliver these services in a timely and cost-efficient way, while ensuring various PCI compliance mandates. By outsourcing compliance audit obligations and a complex, expensive operating model, retailers gain flexibility and resources to focus on their core businesses.