Cryptomathic updates platform for web security compliance

Cryptomathic has updated its crypto policy control center to deliver PCI-DSS, GDPR and PSD2 level security via web service integration.

It now enables banks, institutions and large enterprises to deliver PCI-DSS, GDPR and PSD2 grade security in their web service integration, via its support for RESTful APIs.

The company has updated its Crypto Service Gateway (CSG 3.10), which offers cloud-enabled enterprises and service providers a single interface through which they can deliver and manage all the crypto-security functions that secure their data and applications.

CSG 3.10 now offers full encryption and signing support via a RESTful API, enabling web services to integrate and exchange data in the cloud. Delivering appropriate security through web service APIs is a pre-requisite for compliance with a number of data management regulations, including PSD2 and GDPR in Europe, and PCI-DSS in the US.

“We have seen a huge spike in demand for compliance-driven encryption, as businesses consider their compliance with data protection regulations,” comments Matt Landrock, CEO at Cryptomathic Inc. “By enabling crypto agility, Crypto Service Gateway can enable large organisations and institutions to respond to crypto attacks by transitioning from one encryption standard to another at a moment’s notice. These new options for business-critical cryptography enable users to comply with the dictates of new regulations via one efficient and easily-integrated solution.”

CSG 3.10 acts as both an HSM service and crypto policy management interface, for banks, institutions and large enterprises worldwide. it claims to solve over 50 common application crypto problems, including integration, data encryption, tokenisation, transaction authorisation, code signing and key management.

Cryptomathic is a global provider of secure server solutions to businesses across a wide range of industry sectors, including banking, government, technology manufacturing, cloud and mobile. It provides systems for Authentication & Signing, EMV, Key Management and PKI & ID, through best-of-breed security solutions and services.

It supplies qualified electronic signatures to UBS, centralized Key Management for major acquirer to Swedbank, cryptography as a service to Barclays Bank, multi-application EMV cards to Credit Agricole, a central signing service to LuxTrust, centralised Key Management to Master card, and authentication for multi-channel Banking to TSB, among others.

Copyright © 2018 RegTech Analyst

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