I find it very concerning that “Experian has determined that this encryption may have been compromised."
Aberdeen Group reported in a very interesting study with the title “Tokenization Gets Traction” that tokenization users had 50% fewer security-related incidents than non-users and 47% of respondents are using tokenization for something other than cardholder data.
Aberdeen also has seen a steady increase in enterprise use of tokenization as an alternative to encryption for protecting sensitive data.
Visa, Amex, MasterCard and ApplePay are now switching to tokenization for the same reasons.
We can “reduce the amount of data that is sensitive” by using data tokenization.
Ulf Mattsson, CTO Protegrity