Each year, various events within the cybersecurity industry have a significant impact on the industry, leading experts to predict an increase in the frequency and severity of such occurrences in the years ahead. As preparation is preferred over mitigation, awareness of what to anticipate this year and beyond is essential.
Cloud computing brings many benefits to enterprise businesses; easily scalable, cost-effective and resilient, cloud computing enables rapid development of products and services while minimizing downtime and reducing cost. However, the aggregation of sensitive data, critical business processes and other corporate IP on a publicly accessible platform creates security and data privacy challenges for many enterprises.
The threat of quantum computers is real and it could mean the end of encryption as we know it. Quantum computers are capable of performing calculations at a much faster rate than traditional computers, making them a powerful tool for breaking even the strongest encryption algorithms. What does this mean for data protection and how can you prepare for it?
Security experts from the National Institute of Standards and Technology (NIST) have declared Ascon - a group of cryptographic algorithms - as the best data protection for lightweight electronics in their program. This winning selection will be released as NIST's lightweight cryptography standard sometime in 2023.
Digital transformation has been a critical focus for businesses and institutions prior to the pandemic. Digital documents and e-signatures are a crucial part of this shift. The recent global crisis has served to hasten the implementation of such solutions; organizations have expedited the transition to enable remote work environments and transactional activity online.
Vehicles today come with an array of convenience and safety features driven by software. This means that the cybersecurity of these vehicles must now also be taken seriously. The threat of cyber-attacks has been a growing concern in connected vehicle technology, but there are measures that can be taken to protect a vehicle from malicious actors.
With the advent of comprehensive regulatory standards for digital signatures, remote electronic signatures within the EU is now possible for international contracts and transactions to get signed without delay, saving thousands of €/£/$ in travel expenses, reducing paperwork, enabling the processing of documents more easily and securely and environmentally friendly.
More than a decade ago, Cryptomathic and LuxTrust, then a newly formed trust service provider (TSP), decided to invest in the development of cloud-based electronic signing technology, in anticipation of future demand from Luxembourg’s digital ecosystem. At the time, local signing devices, in the form of smart cards and USB tokens, were dominant and the only widely available means of establishing the highest level of electronic signing assurance.
Non-repudiation is a legal concept that is widely used in information security. It refers to any service, which provides proof of the origin of data and the integrity of the data. In other words, non-repudiation makes it very difficult to successfully deny who/where a message came from as well as the authenticity of that message.
