Security & Encryption
Skipjack places the highest priority on the protection of its customers' confidential data. The importance of data security led Skipjack to develop its own patent-pending encryption technology (skipjackIC) to ensure that our customers' data is not compromised.
SkipjackIC (SJIC) is not a public key solution such as PGP and RSA. With SJIC, each transaction carries its own key enfolded within it. This means that, in the unlikely event that one transaction is compromised, the information gained cannot be used to compromise another transaction, since each key is unique to each transaction.
One measure of security is the size of the key space (i.e. the range of possible values of a numeric key). The larger the key space, the more difficult it is to discover the correct key. To get a sense of the scale of SJIC, compare it to PGP or RSA that support a key space of 2 to the 2048th power (note: key space is often referred to as "XXX bit" encryption; for example, "40 bit" encryption. This means that there are 2 to the 40th power possible values for the key).
By comparison, SJIC supports a minimum key space of 225 to the 2000th power. That is an almost unimaginable number, comparable perhaps to the number of atoms in the universe! So, right from the start, your credit card transactions are protected by the strongest encryption protocol in the industry.