Verifone’s Post

⚡ Explore the Future of Payments with Mike Doherty⚡ We sat down with our Head of Product, Mike Doherty, to address common questions and concerns related to payment processing, security, and emerging technologies. Read the full Q&A in our latest e-zine: https://lnkd.in/eRf4ixB3

LESS (Linear Equivalence Signature Scheme) is a code-based Post Quantum Cryptography method. It uses Fiat-Shamir transformation onto a zero-knowledge identification scheme. It uses a one-round Sigma protocol. The security of LESS depends on the hardness of the Linear Equivalence Problem (LEP). It has a fairly large public key (13,940 bytes for Level 1), and a small private key (32 bytes for Level 1). The signature size is 9,286 bytes (for Level 1). It is relatively slow for signing and verification. https://lnkd.in/ecv_ZB4p

Provably Fair is a technology that ensures online game fairness by using cryptography to generate and verify random numbers. It involves three variables: Server Seed, Client Seed, and a cryptographic value that increases with each bet.

The fifth important tech in financial crime compliance is cryptography, which secures communications against adversaries. It helps secure communications and ensure content authenticity via encryption (i.e. plaintext to gibberish ciphertext) and decryption (i.e. ciphertext to plaintext). New developments in cryptography include post-quantum cryptography, which prevents quantum computing from breaking public-key cryptography in the future, and BBS Signature Scheme, which enables selective disclosures, unlinkable proofs, and zero-knowledge proof.

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has finalized a set of encryption algorithms designed to withstand cyberattacks from #quantumcomputers. These algorithms are part of the first completed standards from NIST’s post-quantum cryptography (PQC) standardization project and are ready for immediate use. #IBM #quantum #cryptography #embedded

🔐 What does the future of financial security look like? In a recent workshop organized by QED-C, players from the finance and quantum industry gathered to discuss how a combined approach to Quantum-Safe, leveraging both quantum key distribution (#QKD) and post-quantum cryptography (#PQC) may provide increased protection for sensitive financial data. Read the report here: https://lnkd.in/dmRwtnuG

Post-Quantum Cryptography Solutions The time to prepare for post quantum cryptography is now. Quantum computers will soon be capable of breaking public key encryption protocols, such as RSA and Elliptic Curve Cryptography, that currently protect sensitive data,…

Your encryption WILL be broken by 2029. We must change the way the world does encryption to protect data in motion. From Gartner, act NOW to:  1. Implement crypto-agile application development 2. Vet and test new post-quantum cryptographic algorithms to understand their characteristics, uses and performance 3. Upgrade or replace hardware where necessary https://lnkd.in/e-Af6h3k QuSecure has been working since 2018 to make this process easy and affordable. Reach out to ask how to get started. #QuSecure #CryptoAgility Skip Sanzeri Dave Krauthamer Rebecca Krauthamer Tom Patterson

Next up in our smart credential series is HID Seos! This credential leverages modern cryptography in combination with mutual authentication between credential and reader, protecting the interconnected web of physical and digital systems. Find a reader that works with smart card technology by visiting our blog: https://ow.ly/WTXW50S4Fz0