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8 Popular Encryption methods real Usage

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Encryption works as it replaces original data with some special characters and stores the data. You need a private key to decrypt the data. Else it is not possible to understand encrypted data even for hackers.

Private keys are two types. Sender uses one private key and receiver uses one other private key.
I have given in this post about 8 encryption methods.

Flow Diagram Encryption
 Different Encryption Methods Classic CipherRandom Key GenerationRSA TokenHash FunctionsMac value - Message Authentication codeKey HashTLS ProtocolAuthenticated Cipher  1. Classic Cipher The best example is this kind of algorithm was used in world war -II communication machines. 2. Random Key Generations One kind of security. They use an algorithm that sends random numbers. People use that number as a password.
3. RSA Token Every 60 seconds a token is generated. Mostly people use for financial applications. An extra identity mechanism along with user id and password. 4. Hash Functions It assigns a hash va…
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Tokenization story you need Vault based Vs Vault-less

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The term tokenization refers to create a numeric or alphanumeric number in place of the original card number. It is difficult for hackers to get original card numbers.

Vault-Tokenization is a concept a Vault server create a new Token for each transaction when Customer uses Credit or Debit Card at Merchant outlets 

Let us see an example,  data analysis. Here, card numbers masked with other junk characters for security purpose.

Tokenization

Popular Tokenization Servers

There are two kinds of servers currently popular for implementing tokenization.
  • Vault-based 
  • Vault-less

Video Presentation on Tokenization


Vault-based server

The term vault based means both card number and token will be stored in a Table usually Teradata tables. During increasing volume of transactions, the handling of Table is a big challenge.

Every time during tokenization it stores a record for each card and its token. When you used a card multiple times, each time it generates multiple tokens. It is a fundamental concept.

So the challenge here is Table size will be increased.
tokenization-process
Tokenization process

Vault-less server

The recently established technology is much faster than the vault based model, where the card numbers and tokens will not be stored. Whenever it received a request, it generates a random number.

Even during de-tokenization, it just decode the random number and sends actual card number. Also possible to send numeric/alpha numeric tokens.

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  1. SuzyOctober 14, 2018 at 4:34 PM

    Hello Srini

    Just read your article on vault -v- vaultless, this question can only be answered depending on the vault itself - was it built to be scalable? Does it store every transaction? Quite simply no it does not, but like i say it all depends on how the vault was built. Is it more secure than vaultless - definately.

    ReplyDelete
    Replies
    1. SriniOctober 26, 2018 at 7:06 PM

      Vault-less is reversible security method that replaces sensitive data with fake data that looks and feels just like the real thing. So vault-less is advanced than Vault.

      Delete

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