In this final part of the series, we look at how cloud computing will impact the use of cryptography and at the future of HSMs; and finally, we reflect on what you can do to be ready for the advances in cryptography that lie ahead.

As part 2 of this 3-part series, here we look at new applications such as blockchain and IoT, as well as the impact of quantum technology.

Cryptography has come a long way since ancient times, and the pace of development has been especially quick over the last 2 decades. Indeed, many fundamental aspects of our modern world – finance, communications, e-commerce, national security – are built on the bedrock of cryptography.

According to draft guidance published by NIST on July 19, 2018, the Triple Data Encryption Algorithm (TDEA or 3DES) is officially being retired. The guidelines propose that, after a period of public consultation, 3DES is deprecated for all new applications and usage is disallowed after 2023.

The Payment Card Industry Data Security Standard (PCI DSS) helps to safeguard cardholders’ private information. The Payment Card Industry Security Standards Council (PCI SSC) enforces the standard through recommendations and requirements that aim to ensure security across all organizations involved in the processing of cardholder information.

A private cryptographic key is an extremely sensitive piece of information, and requires a whole set of special security measures to protect it. This article outlines some problems with key management relating to the life cycle of private cryptographic keys. There are many types of cryptographic keys; each type has own inherent challenges. Here, we outline some of the challenges we meet when managing the life cycle of asymmetric cryptographic keys and pairs.

With the increasing dependence on cryptography to protect digital assets and communications, the ever-present vulnerabilities in modern computing systems, and the growing sophistication of cyber attacks, it has never been more important, nor more challenging, to keep your cryptographic keys safe and secure. A single compromised key could lead to a massive data breach with the consequential reputational damage, punitive regulatory fines and loss of investor and customer confidence.

Payment Card Industry Data Security Standard (PCI DSS) is an information security standard to prevent credit card fraud and protect against numerous additional security threats & vulnerabilities.

Payment Card Industry Data Security Standard (PCI DSS) is an information security standard to protect against credit card fraud and numerous additional security threats & vulnerabilities. Credit/Debit card providers, such as MasterCard and Visa etc., implement the mechanisms and security controls specified and suggested in PCI DSS.