Auditors, security experts, and other industry professionals have long spoken out against the use of proprietary procedures in order to restrict the ability of customers to control their own Master Keys. Futurex is taking the first step to give the industry the opportunity to eliminate these methods.
As a global leader in the payment Host Security Module (HSM) marketplace, Futurex acknowledges a responsibility to continually reaffirm a strong commitment to the standards put forth by the industry’s trusted regulatory bodies. As part of this commitment to increasing the security and interoperability of devices within the payments industry, we have decided to offer free hardware replacement of any HSM that uses proprietary methods of Master File Key (MFK, often also referred to as the Local Master Key, or LMK) generation, loading, storage, and calculation.
We have total confidence in the quality, performance, and security of our devices. Because of that confidence, we have followed industry standards for the full spectrum of our device capabilities. We understand that maintaining strict compliance with these standards will allow our customers to retain control of their master keys and move to a different HSM provider if Futurex does not deliver innovative solutions with quality support. We trust that the security, speed, and flexibility of our devices alongside the proactive dedication of our Xceptional Support Team will remain strong incentives for our customers to continue using and recommending our devices to protect their most sensitive data.
We’ve put together a website outlining our goals for the Freedom Plan. Visit here for more information.
Friday, September 18th, 2009
Most transaction processors such as Star, NYCE and Pulse require an audit at least every two years. Mandating this audit is the only way processors have of making sure acquirers follow best practices when handling PINs and encryption keys.
I recently attended an extremely informative network security compliance class for PIN and key management. As I learned, a TG-3 audit can be an extremely stressful time for any company. At Futurex, one way we help to alleviate that stress is by making sure all of our Solutions Architects and Xceptional Support Engineers are all CTGAs (Certified TG-3 Auditors). Having CTGAs at Futurex helps ensure that everything from our Xceptional Support calls to new product solutions being developed are in full compliance with all major processors.
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Compliance
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Thursday, June 25th, 2009
As President and CEO of Futurex, I would like to welcome you to our new futurex.com website. In our new website, you will find all that you need to know about Futurex right at your fingertips. On futurex.com you will be able to learn more about our innovative Excrypt™ Host Security Modules and Key Management solutions and how we are constantly redefining the data encryption landscape to help ensure your highly sensitive data is safe and secure.
We have many new features on the website that will help you be more informed about the various industry, compliance, product and support solutions we have to offer. For example, we have just recently introduced our new support and service group called Xceptional Support. On this page you will see that our support goes above and beyond the traditional support and service that you may have experienced elsewhere.
In the months to come, we will continually enhance our website to include new features and updates that will provide you with a wealth of information about new products, webinars, training videos and much more.
On behalf of the Futurex team, I would like to thank you for visiting our new website and for reading this first of what will be many informative blogs to come. I hope you learn more about how our data encryption solutions can help with your business needs in today’s ever changing security environment.

Posted in
Announcements, Compliance, Futurex News, Products, Uncategorized, Xceptional Support
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