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Humans are not the only ones that need the security of a digital identity. Machines used in digital transactions are a target for hackers, necessitating the protection that digital identities provide for all stakeholders in order to prevent security breaches.

The standards mandated by eIDAS work to ensure the integrity of electronic signatures. However, what is also mandated is the need for sufficiently protecting the cryptographic processes.

eIDAS created standards for trust services to ensure that digital identities, including those for humans remain secure. Here we will examine the role that HSMs play in securing digital identities for humans.

Organizations face an ever-present risk of data breaches as digital transformations continue to flourish in the business scape. Encryption plays a critical part in mitigating business risks and keeping data safe.

What is Buy Now, Pay Later? BNPL for short is known as installment payments and point-of-sale financing (POSF). Offering buyers credit as part of a purchase has been around since antiquity and therefore, what we are seeing is an explosion of a new variant.

Public key infrastructure protects communications between users and website servers. The underlying Hardware Security Modules are the root of trust which protect PKI from being breached.

Given the sheer scale of cybercrime, which could cost the world $10.5 trillion a year by 2025, a paradigm shift in the way we secure data is long overdue. Blockchain technology may be one way to achieve this: with blockchain technology security is ‘baked in’.

Open Finance is seen as the natural evolution to Open Banking - extending the use of open data beyond traditional payment accounts to encompass an individual’s complete financial landscape, putting control in the hands of the customer and promoting full financial inclusion.

Supply chain attacks are nothing new. However, these attacks have become more organized since the early part of 2020. Now, cybercriminals have turned their focus to suppliers versus organizations to make a far greater impact with damages.

Supply chain attacks threatened the interconnectedness of global markets. It is common for multiple customers to rely on the same supplier. Therefore, a single cyberattack could potentially have a large-scale national or cross-border impact.

Data at rest protection made easy with Utimaco ESKM

Listing enables MYHSM to support Financial Institutions to accelerate cloud-based payment strategies and keep pace with surge in public cloud adoption

IT security solution provider Utimaco and achelos GmbH, a manufacturer-independent software development and consulting firm, have further deepened their longstanding cooperation with a partnership contract. Accordingly, achelos is now marketing all products and solutions from the Utimaco portfolio as a value added reseller.

COVID-19 accelerated digital business. However, it was also the impetus behind the acceleration of an increase in digital assets and individuals who are located outside of the typical enterprise infrastructure.

The number of high-profile, massive data breaches and cyberattacks continues to grow at an alarming rate and shows no signs of slowing down. This, of course, often leads to increasingly more complex IT security architectures that can be difficult to understand.

It is a common saying that too much of a good thing can sometimes become a bad thing. Such is the case in what Gartner found in its 2020 CISO Effectiveness Survey. In their responses, 78% of CISOs reported having 16 or more tools in their portfolio of cybersecurity vendors. Even more concerning is that 16% responded that they had 46 or more tools in their cybersecurity vendor portfolios.

Remote work and cultural shifts have led to a vital requirement for identity-first security to be addressed. While tools like multi-factor authentication (MFA) and single sign-on (SSO) have helped make sign-in processes more secure than simple usernames and passwords, attackers have long since figured out how to defeat them.

The accelerated growth of digital transformations and digitalized processes, along with the expansion of Internet of Things (IoT) has exponentially increased the number of machine interactions. This significantly increases the risks that businesses face in maintaining continuity in the event of a cyberattack, which are becoming all too common these days.

EQT has announced that the EQT Mid Market Europe fund has agreed to sell Utimaco to SGT Capital LLC, a global alternative asset manager with offices in Germany and Singapore. The transaction is subject to regulatory conditions and approvals and is expected to close in Q4 2021. It will allow Utimaco to continue its strong development and execution of its strategic growth plans.

This article explains the Trust Framework and the ‘digital wallet’ requirement for remote eIDAS qualified electronic signatures, seals and qualified signature creation devices (QSCDs).