Cryptography is the science of encryption and decryption of data. Cryptography is used to ensure integrity, confidentiality and authenticity of data. Integrity means that the data has not been modified. Confidentiality means that data is not readable by other users. Data authenticity means that what was received is what was sent. User authentication means that the user has provided one or more proofs of their identity.

Authentication mechanisms mathematically check data source or the proof of identity. Encryption mechanisms scramble data</span > so that the data is not readable by an observer. Cryptographic services provide authentication and encryption mechanisms to applications and users.

Cryptography at the service of your business

Cryptography dates back to the great history of secret messages and other codes. Closer to home, cryptography is making its mark today in the digital and business space. Today, you don’t have to be a spy or a secret agent to use cryptography.

Cryptology today is the subject of a strong market demand: it is no longer just a matter of marginally using a cryptographic process to ensure a specific function, such as access control, but of designing a global security architecture with cryptology as the cornerstone.

The more we advance in time, the more the threats multiply and diversify</span >, so the risk of compromising of files or messages is growing. Hence the importance of cryptography, whose mission, viewed very broadly, is that only the initial recipient of a message or document can read it . In the event of a data leak for example, or the interception of a confidential email, encrypting your emails becomes essential and can avoid the sometimes dramatic consequences for the company.

Cryptography can receive many applications within your company. Two use cases are generally applicable: on the one hand, the protection of the company against various cyber threats, and on the other hand, a obligation to secure data imposed by the GDPR. In both cases, encrypting data becomes essential .

Protection against external threats requires protecting your communications, whether they are messages sent between teams or to destination from third parties (customers, partners, suppliers), but also from the storage of your files on cloud applications, these, which are increasingly used by companies, only offer security fairly weak to their users and the files stored there. Again, it is then necessary to use a third-party cryptography solution to ensure the Cloud encryption.

Your data travels, but not your security!

La sécurité informatique consiste traditionnellement en une «protection périmétrique» comme un antivirus, des pare-feu, etc. Cependant, comme il s’agit de données partagées, ce type de protection n’assure pas leur sécurité à toutes les étapes de leur parcours, ce qui constitue un risque de confidentialité pour votre entreprise.

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Need to encrypt your emails or your conversations, to ensure the security of your data and their confidentiality?

Whether you are building an enterprise web portal or a state-of-the-art website, you always need the right modern tools. Well-built and maintained PHP frameworks provide those tools in abundance, allowing maintained PHP frameworks provide those tools in abundance, allowing developers to save time, re-use code, and streamline the back end. As software development tools continuously change to follow the latest. Despite the competition from startups and the ever-present economic challenges, the banking industry is gradually adopting what the latest technologies have to offer.

From cloud technology to cyber risk management to machine learning in investment banking, join us as we explore the banking industry trends for 2019 and beyond. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Cloud Technology as New Foundation

Cloud has become the new normal for nine of ten enterprises across industries. The average IT environment in both SMBs and larger companies is becoming increasingly cloud-based. Companies also diversify their delivery models, with Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) gaining more and more traction. Plus, a slew of new job positions have emerged to manage different aspects of cloud in the enterprise, including architecture and safety.

One of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Risk Management Banking Industry Trends

Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:

1. Strengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.
2. Use analytics tools and AI with security in mind.
3. Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.

Risk Management Banking Industry Trends

Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.

Thus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.