News

News

12-12-17:

Join ASC X9 on Tuesday, December 19, 2017, at 12 noon for a webinar titled Cryptography in a Post-Quantum World by Dustin Moody of NIST. We will look at issues related to quantum computing, the risk they pose to protecting information and what steps NIST has taken in response to this potential threat. To find out more information and receive the webinar details Read More

11-28-17:

ANNAPOLIS, Md. – Nov. 28, 2017 -- Today the Accredited Standards Committee X9 Inc. (X9) announced the release of a new standard enhancing the security of symmetric key management used in retail financial services transactions and communications. ANSI X9.24-3-2017, Retail Financial Services Symmetric Key Management -- Part 3: Derived Unique Ke Read More

11-14-17:

The X9F4 Cryptographic Protocols and Application Security work group has begun the revision of the X9.79-4 Public Key Infrastructure – Part 4: Asymmetric Key Management standard. This standard addresses the management and security of asymmetric keys for protecting financial information and other associated data independent of the asymmetric algorithm, schemes or public key cryptography protocol. Read More

11-09-17:

Quantum computing is advancing at a rapid pace.  The speed of these computers will dwarf current computers and render the cryptography used to protect today's data ineffective.  Predictions are that a general purpose quantum computer will be ready in as little as 2 years and at most 9 years.  Native quantum computers are working tod Read More

10-26-17:

The Federal Reserve Banks today announced plans to complete their migration to the ISO 20022 standard for their real-time gross settlement system, the Fedwire Funds Service, by the end of 2023. Adopting the ISO 20022 standard for payments clearing and settlement messages supports the Federal Reserve’s strategy to enhance the efficiency of both domestic and cross-border payments as described in  Read More