It has taken over two decades to establish and secure the current e-commerce applications. The security of most of these systems principally relies on cryptographic algorithms which have served the purpose till now. Since the initiation and evolution of quantum computing, some cryptographic algorithms have threats. To mitigate the security gap, numerous post-quantum algorithms have been proposed. This article enlightens the journey towards post-quantum algorithms and security parameters of the newly proposed post-quantum algorithms.

In this video blog, Madjid Nakhjiri, Senior Principal Security Architect at the Samsung Strategy and Innovation Center, describes his company’s strategy to develop products today which are prepared for the post quantum era.

With every passing day, the need for crypto agility becomes more important. Whether you believe quantum computing is 10 years, 20 years or more away, the inevitability is that it is approaching fast. This is why many leading technology organizations have begun to research the impact of new quantum-safe algorithms on their existing products or infrastructure. This research is facilitated by the use of , Hardware Security Modules (HSMs). It is within the secure parameter of an HSM that existing and quantum-safe algorithms should be executed - but not many HSMs are capable of doing this. This why the flexibility and functionality of HSMs play an important role in in crypto agility.

Quantum computing will decimate the security infrastructure of the digital economy. Quantum computing in general is certainly a blessing to humanity in many respects and it promises to disrupt evolution of technology in more than one dimensions. But it is also a curse to security, as cryptographic algorithms that proved to be secure for decade may be breached by quantum computers within minutes.

Since the beginning of 2018, PSD2 or the 2nd Payment Services Directive is national law in all EU member states. Some countries have implemented the new directive early on, such as Germany and the UK, but for some it is still work in progress today.

Cryptography is one of the cornerstones of all blockchain infrastructures. Hashes link blocks together and public-private key cryptography helps secure data and verify transactions. A major advantage of blockchain is that its cryptography man es it virtually untamperable, with changes in the crypto being virtually impossible.

In our recent blog post series about the eIDAS regulation, we have addressed local signing and the difference with remote signing (or server signing), which relies on a Trust Service Provider (TSP) to remotely generate and manage the signing keys on the signatory’s behalf.

The anonymity provided by some blockchains is one of the largest attractions about this technology. For business adoption though identity on and off the chain is crucial, legally and logistically. On an entirely distributed, decentralized blockchain such as Bitcoin or Ethereum, this anonymity serves a purpose and encourages individual use. For business adoption however it poses problems.

Payment Cards Industry Data Security Standard (PCI-DSS) compliance protects vulnerable customers who are unaware of the complex technologies behind the scenes.