The European Payments Council (EPC) published today a new version of the document called “Guidelines on cryptographic algorithms usage and key management”. Its purpose is to offer guidance to the European payment industry concerning cryptographic algorithms and related key management issues.
This new version provides an overall review of referred standards and algorithms, including updates related to authenticated encryption and homomorphic encryption. Specific attention has been given to updating information regarding cryptography in the context of quantum computing. Although the arrival of cryptographically relevant quantum computers is uncertain, organisations must already review their cryptographic strategies to ensure they remain secure in a post-quantum world.
Given the continuous evolution of research and developments in cryptology, the EPC plans to annually review and update this document to reflect the state of the art in light of major new developments.
Yearly update of the “Guidelines on cryptographic algorithms usage and key management”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
