University Business February 2018 - 22

SPONSORED WEB SEMINAR DIGEST

Battling the Data
Breach Epidemic:
Securing Your Campus
Safeguarding campus systems from cyber threats

A University Business Web Seminar Digest * Originally presented on December 5, 2017
Colleges and universities have become a favorite target of cybercriminals because of the sheer volume of
student information they handle. This is because payment processing happens all over campus, from the
ticketing office to the bursar's office to the cafeteria. In addition to endangering students and damaging the
reputation of the institution, the financial costs of a data breach could include legal representation, fines,
and the expense of notifying impacted individuals. Properly safeguarding all campus payment data-while
staying compliant with Payment Card Industry Data Security Standards (PCI DSS)-is no simple task. Fortunately, advances in payment technology, such as point-to-point encryption (P2PE), are helping to secure
campus data more effectively.
In this web seminar, data security experts at Bluefin Payment Systems and Nelnet Campus Commerce
discussed the data breach epidemic in higher ed, which included ways to better secure any campus.

Daryl Robinson: Nelnet is a $2 billion publicly traded company. We are a payment technology provider serving more than 900 colleges and universities
across the United States. Our systems process nearly
any type of payment you can think of on campus, and
we integrate with all of the major ERP systems. We
process tens of millions of payments each year, making us a Level 1 PCI gateway provider. We've been
validated as a Level 1 processor since the inception
of the PCI Standards Council in 2004.
We provide campuses with a number of secure
e-commerce solutions, including in-person payments
via encrypted card swipe devices to minimize transactional risk. We now are taking that a step further by
partnering with Bluefin Payment Systems, a recognized leader in payment security in the higher ed industry. By integrating with Bluefin, we have become

the first major payment technology provider in the
space to offer PCI Security Council recognized pointto-point encryption of P2PE.
Ruston Miles: Data breaches are on the rise. Because
hackers have gotten smarter and more advanced,
they have been able to automate tens of thousands
of attacks all over the internet, which is where most
people in sales and workstations are connected. Malware is the culprit in over 50 percent of the breaches.
When we get into the point-of-sale payment data, it
gets upward of 90 percent. It's definitely the No. 1
attack vector.
"Malware" is an umbrella term. It includes all sorts
of things: viruses, worms, Trojan horses, ransomware,
malicious programs-and often it's all of these things
at once. Once the bad guys get it on the system, the

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Table of Contents for the Digital Edition of University Business February 2018

University Business February 2018 - Cover1
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University Business February 2018 - Cover3
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