Encryption

A major financial services industry group focused on cybersecurity highlighted the need for planning ahead of 2030 and 2035 deadlines.

Experts told lawmakers that quantum computers will soon render today's encryption obsolete — and foreign adversaries know it.

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.

There is one area of commerce that has experienced an uneven consumer response to the coronavirus crisis: subscriptions. Some companies have benefited greatly while others have not.

In updating its point-to-point encryption standard, the PCI Security Standards Council says the resulting simplified validation process for component and software providers will result in more products available for cardholder data protection.

Stephen Ranzini, CEO of University Bank, says The Clearing House's RTP and Early Warning's Zelle handle enrollment, encryption and authentication insecurely.

The industry must grapple with new risks that come with storing data in the cloud. Here's what credit union leaders need to know.

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

A breach that compromises personal data of more than 100 million people is never good, but the company did follow some security best practices.

The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.

A report from the National Credit Union Administration’s Office of the Inspector General found the agency routinely failed to properly dispose of IT materials and spent roughly $440,000 on unnecessary equipment, among other findings.