"With the increasing frequency of data breaches across the U.S., the hospitality industry is taking extra precautions to ensure the protection of guest credit card data. One method of protection, among many other options, is chip-and-pin technology," reports Hospitality Technology in an article headlined 'Three Keys to Protecting Guest Credit Card Data.'
"… Following in the U.K.'s footsteps, American banks and credit card companies that issue chip-and-pin cards will no longer bear sole liability for fraudulent charges by October of 2015. Hoteliers should take steps now to improve data security and ensure preparation for this transition, as companies are expected to invest in solutions that read the chip and capture the guest's PIN for validation."
Hospitality Technology talked to Infor Hospitality leaders to get advice, and continues:
"Infor offers the following tips to help hoteliers prepare for chip-and-pin technology and enhance overall credit card security:
1. Start with a foundation of secure data.
... Hoteliers should make certain that security investments are first on the priority list for technology resource allocation in 2015 to ensure they are not held as the responsible party.
2. Ensure business applications have the functionality to "tokenize" data.
Hotels and casinos should check with vendors to determine if existing systems have the ability to completely separate credit card information from transactions, storing only a "token" alongside other data. …
3. Take extra precautions if data is stored in the cloud.
... Hoteliers should question their vendor's security strategy, development methods, infrastructure requirements, and ISO-27001 compliance before moving to the cloud or if their system is already hosted by a technology provider.