Re:Square responds to Verifone's allegations
by jschuur on Thursday March 10, 2011 @03:11AM
(#2308538)
Presumably, encryption would add hardware costs to a device that they're giving away tens of thousands off for free, and only provide the illusion of additional security on top of there existing security measures once it hits the iOS client (pure speculation on my behalf).
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Re:Square responds to Verifone's allegations
by daeken on Thursday March 10, 2011 @02:30PM
(#2310386)
If they baked the server's public key into the device and encrypted data with that, then only the server would be able to access the raw card data. This would prevent the device from being useful for anyone but Square. It may not be worthwhile to do so, but it certainly isn't the illusion of security if your concern is accessing the raw data.