Jan 31, 2017
Tokenization is helping render data theft obsolete. Jason Witty, US Bancorp EVP and CISO, is in the midst of completing a multi-year tokenization integration project, for which his team won the recent ISE North America Project of the Year Award in the Financial Services category.
He discussed the many benefits of tokenization with David Cass, Global CISO IBM Cloud & SaaS, including fraud prevention and the reduction of risk and the attack surface. They discuss how it is a complex process, which is “simple” to implement but difficult to adopt. Witty also touches on the many unintended business benefits.