Quantum computers offer potential transformational power for organizations dealing with complex computational problems in various industries such as finance, pharmaceuticals, and automotive. They also pose the risk of breaking the cryptography that currently secures many common digital activities, such as online banking or something as common as browsing the internet (Yes, that green lock in your address bar means you can trust the connection – for now).
The National Cybersecurity Center of Excellence (NCCoE) has released a preliminary guide on practices for migrating from legacy cryptography to quantum-resistant cryptography and is seeking comments from industry, government, and academia. The draft document, NIST Special Publication (SP) 1800-38a, Migration to Post-Quantum Cryptography, is open for comment until June 8, 2023.
The recent U.S. Department of the Treasury report highlights potential benefits and challenges associated with a growing trend amongst financial sector firms who are adopting cloud services.
With post-quantum technology having the potential to trigger a new wave of cyber threats, we identify 10 steps that organizations should take to prepare.
2022 was a big year in the cryptographic security community. If you don’t have news alerts set up for the latest updates on Post-Quantum Cryptography (PQC), here’s a quick overview
Java’s recent Elliptic Curve Digital Signature Algorithm (ECDSA) vulnerability underscores the fact that organizations cannot rely solely on outside vendors for effective cybersecurity. The financial services industry must evolve its encryption and key management strategies in line with its changing infrastructure models, advocating an inside-out approach that has proven itself over time.
Cryptography is the backbone of data security technology. In this article, Jo Lintzen, MD at Cryptomathic Inc. explains the preparations for post-quantum cryptography standards and the importance of future-proofing how we use cryptography to protect data in the advent of quantum computing and beyond.
The phrase “…Software is eating the world.” was famously used by Marc Andreessen in a WSJ article in 2011. No one could argue that software has successfully eaten the world today.
Most people will probably agree that encrypting your sensitive data is the right thing to do. Not only is it the technique of choice to meet multiple compliance mandates, depending on the market your business operates in, this might be PCI, HIPAA, NERC-CIP or more general regulations like GDPR or PSD2. Encryption also helps you to achieve a higher level of resilience against data breaches and ultimately protects your organization from the impacts on reputation and the costs involved.
