Can software-based POS encryption improve PCI compliance?

In the wake of the recent Verizon report that shows that 80 percent are out of PCI DSS compliance between audits, some vendors are urging the PCI Council to consider approving software-based point-to-point encryption, in addition to the current hardware-based standard. PCI-approved, hardware-based P2PE allows merchants to drastically shrink the systems subject to compliance, reducing…