In today’s cyber-world there is an ever-present risk of unauthorized access to all forms of data. Most at risk is financial and payment system data that can expose the personal identifying information (PII) or payment card details of customers and clients. Encryption is crucial for protecting PII and mitigating the risks that businesses which conduct payment transactions face every minute of every day.

In this article we will talk about symmetric encryption in banking, its advantages and some challenges of managing the keys.

Retail banking has been unrecognizably transformed by digitization. Everything from payments to basic credit products can now be availed digitally. However, when it comes to corporate or business banking, the pace has just not been the same. One good example of this is the process of trade which includes both vanilla open account transactions and trades secured via documentary credit products.

This article discusses the secure HTTPS Protocol intended for web-resources and its principles of operation as well as its strengths and weaknesses. It explains how attacks on HTTPS may lead to traffic being decrypted, particularly in systems for remote banking services and personal logins to web-resources.

Have you ever heard the kind of sweet and innocent voice saying, “I didn’t eat my brother’s ice cream”, while the kid’s mouth and t-shirt are covered with chocolate and cream?