Key Management: New Digital Models for Banks and New Security Models, Too

In rethinking their strategies, traditional banks have eight digital business model options to consider in order to remain competitive against untraditional newcomers to the industry.

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ANSI X9.24-1-2017:  Key Compromise

In a retail financial services environment, the compromise of a symmetric cryptographic key is a critical security breach. Such a situation is described by the ANSI X9.24-1-2017 standard. Here, we summarize the ANSI guidance on how to respond if a potential compromise has been identified.

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Retail Banking - A Stacked Platform Future with Next Generation Security

Consumer behavior have shown a dramatic shift toward a preference for seamless digital banking solutions. Many banking customers now want simple and reliable products and services from their banks and other financial institutions.

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BYOK is Essential for Data Security and Privacy as Business-Critical Applications Move to the Cloud

The 2020 Oracle and KPMG Cloud Threat Report focuses on the key risks and challenges organizations face as they implement and maintain cloud solutions. This article highlights some of the report's findings around the growing trust in the security of cloud offerings and asserts why maintaining control of your own critical keys should be considered best-practice when considering migrating to the cloud.

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Why a Key Management System Must Understand ANSI X9.24/TR-31 Key Blocks

The PCI Council requires most actors of payment networks to implement ANSI X9.24/TR-31-compliant key blocks to wrap and securely transmit, transfer, or translate key or PIN codes.

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IBM's z15 Mainframe - Security, Resilience and Secure Key Management for Financial Service Platforms

Banks continue to feel the profound transformational effects that digital technologies have on their business. This can be seen in the creation and acceleration of new business activities, models, competencies, and processes.

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BYOK: a Solution for EBA’s New ICT and Security Risk Management Guidelines

The European Banking Authority's (EBA’s) new ICT and Security Risk Management Guidelines provide guidance for cybersecurity requirements for financial institutions and third-party partners.

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What Do Companies Perceive as the Most Important Encryption Features?

The need for certain encryption technology features can vary from company to company, depending on their individual needs for securing their data. The recent Ponemon Institute survey, Global Encryption Trends Study, showed that some encryption features are considered more essential than others when considering an encryption solution, especially for strong key management purposes.

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ANSI X9.24-1-2017: Key Utilization and Storage

This article briefly summarizes the symmetric cryptographic key utilization and storage requirements as described by the ANSI X9.24-1-2017 (part 1) standard.

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