Encryption

The National Institute of Standards and Technology is standardizing a second encryption algorithm to bolster protections against quantum threats.

Big banks are investing in quantum computing. What does that mean for the future of finance? And, more importantly, will they ever become useful?

The payment card industry must upgrade encryption before quantum computers render current security methods obsolete, FS-ISAC warned.

A whitepaper from FS-ISAC, a financial services industry group focused on cybersecurity, advocates that banks develop so-called "cryptographic agility."

Following six years of development, the National Institute of Standards and Technology has released draft standards for three algorithms that can resist future attacks by quantum computers.

Experts say banks should start stepping up their encryption now, because hackers can steal it now and decrypt it with quantum computing later.

Tuesday’s announcement provides clarity to institutions that are trying to stay ahead of quantum computing’s threat to data security.

Atlanta-based Bluefin has won $25 million in funding to develop new services and expand its reach.

JPMorgan Chase is one financial institution that plans to test Google Cloud’s new Confidential Computing product.

South African investigators' revelation last week that fraudsters stole more than $3.2 million from the banking division of the country's post office more than a year ago served as a stark reminder that encryption doesn't mean a thing if the key is left unprotected.