What Apple’s big announcement means to payment security [VIDEO]
September 26, 2014


Payment processing systems have been consistently called into question in recent years, and Apple might just have the answer.

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TechTarget reported last week that the highly anticipated Apple Pay function that will be released alongside several new products from the major manufacturer has turned some heads in the security community. According to the news provider, experts believe that this might be the biggest step toward better defense against the types of attacks that have struck the United States retail sector in recent years.

Still, the source noted that others have sustained fears about the potential repercussions for a lost or stolen device.
In many instances, dynamic authentication solutions that anchor identities to a specific device will work best in protecting access to sensitive data contained therein.

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