Conversations about cryptography are common place in the cyber-security world. One can find security professionals discussing everything from PKI to issues with RSA. But while we are discussing issues with algorithms, implementation of cryptographic protocols, authentication algorithms, and other such topics, we often lose sight of a fundamental part of the entire process – key generation.
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Generating Cryptographic Keys: Will Your Random Number Generators (PRNGs) Do The Job?
The ZertES legislation (Swiss digital signature law) was placed into effect in Switzerland on December 19, 2003. The purpose of this legislation was to regulate the manner for which trust service providers could use certification services with electronic signatures. The law also gives guidelines that specify the provider’s rights and obligations in the course of providing these certification services. By promoting the use of secure services for electronic certification, ZertES has facilitated the use of qualified electronic signatures that are elevated to the same legal value as that of a handwritten signature.
Markets hate uncertainty and the confusion regarding issues related to Britain’s exit from the European Union have roiled equity and currency markets. But it’s not just the financial markets which are affected- companies which rely upon EU regulations in order to conduct their day to day business are also reeling from this uncertainty. One such important regulation is eIDAS was created in order to bring about uniformity and security in electronic transactions across EU member states. It sought to standardize the regulations on electronic signatures and trust services across the entire bloc.
Enabling legally binding e-signatures on mobile devices
The ever-growing number of applications and uses for mobile devices has long been a hot topic. Using mobiles to electronically sign transactions and documents is one such use case, and many organisations have been looking for mobile e-signature solutions, which could hold legal ground in court.
The European Union is leading the way in the move towards the creation of a single digital market. The many advantages that a digital business has over it’s more traditional counterparts are only amplified when such businesses are allowed to operate seamlessly across multiple markets. The harmonization and standardization of regulations regarding digital signatures, electronic verification and digital payments can create wonderful opportunities for FinTech companies and technological innovators. It essentially creates a large pan European single digital market which is open to these companies to innovate in.