Many organizations struggle with cryptographic key management for multiple reasons. However, these pain points can be resolved with the right tools.Read more
For traditional banks to rise above the competition they face from big tech, neobanks, and fintechs, they need to add new digital skills to their traditional banking capabilities; positioning themselves as agile providers of financial services by providing demand-driven services at the right time and place.Read more
In the 2009 movie Cloudy with a Chance of Meatballs, food instead of rain begins to fall from the clouds. Today’s hybrid computing environment employs so many applications using cryptography that clouds are saturated with crypto keys, and you don’t want to find that yours are falling from the cloud into the hands of cyber-criminals. In this blog, from our strategic technology partner nCipher, we explore the critical need for key management in the hybrid cloud, particularly among banking and financial applications.Read more
The cloud services provided by Microsoft Dynamics 365 are gaining rapid market share in the banking world. A burning question for the security departments is how to take advantage of the cloud services on offer without relinquishing control of their cryptographic keys.
Here we look at some of the benefits offered by MS Dynamics cloud services and how an on-premise key management system should integrate with the Azure Key Vault (or other cloud platforms) to retain control of the lifecycle of cryptographic keys and maintain compliance to banking regulations.Read more
When migrating their business-critical applications and cryptography to the cloud, banks and financial institutions face a number of concerns. The push to adopt cloud computing for the sake of efficiency and innovation must be balanced with the responsibility to protect sensitive data and processes.Read more
In this article we will look at integration points and explain why it is important that a key management system is able to integrate with a number of applications across various environments (in-house data centers and public clouds).
Today, financial institutions are driven by a strategic question: How can they embrace the benefits from the cloud’s flexible and scalable on-demand services, while perpetuating a trustworthy, banking-grade level of cryptographic security? This article looks at some of the trends, challenges and security concerns that financial institutions face when considering whether to migrate their business-critical applications and cryptography to the cloud.Read more
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.Read more
In this, the first part of a three-part article, we start off by looking at what key management is, the function of a key management system and the benefits it provides.Read more