The multi-award-winning cryptographic toolkit, Verimatrix Key Shield, incorporates remote key injection through TR-31 and AES DUKPT systems. A new feature in response to the needs of financial institutions, payment terminal integrators and Fintechs
AIX-EN-PROVENCE, France & SAN DIEGO, May 12, 2022–(BUSINESSWIRE)–Regulatory News:
Verimatrix(Euronext Paris: VMX) (Paris:VMX), a leading provider of user security solutions for a safer connected world, today announced that its Verimatrix suite of software solutions Key Shieldaward-winning and adopted by organizations around the world to protect their cryptographic keys, now offers new features that greatly simplify the implementation of SoftPOS solutions, the new technology allowing merchants to accept card payments directly on their phone.
Used to create a cryptographic architecture to prevent hackers from anticipating how to analyze and attack applications, Verimatrix’s Key Shield technologies help hide cryptographic keys in code and hide algorithms to preserve the security of applications and user data in consumer environments such as SoftPOS – software dedicated to points of sale.
The current version of Verimatrix Key Shield offers unparalleled flexibility, allowing customers such as banks, merchants and other SoftPOS solution users to add their own algorithm and get to market faster. Among recent developments, Key Shield now supports remote key injection via the TR-31 key block, as well as the AES DUKPT security key management standard. As the use of TR-31 and AES DUKPT ciphers continue to grow, their addition to Key Shield will provide users with additional encryption options. Key Shield also supports the most common algorithms used in payments, including 3DES, 3DES MAC, AES, AES CMAC, AES GCM, ECC key generation, ECDH, ECDSA, HKDF, HMAC, RSA and SHA.
“Verimatrix helps significantly improve development efficiency, enabling faster time to market,” said Asaf Ashkenazi, Chief Operating Officer and President of Verimatrix. “The enhancements to Key Shield underscore Verimatrix’s commitment to simplifying security solution deployments to make them more accessible to users and not a cumbersome step in the deployment process.”
To learn more about Verimatrix Key Shield, visit www.verimatrix.com/en/key-shield.
Verimatrix (Euronext Paris: VMX) helps make today’s connected world safer by providing user-focused security solutions. Verimatrix protects content, applications, and connected objects by providing intuitive, hassle-free, user-centric security. The biggest players in the market trust Verimatrix to ensure the protection of their content, such as premium films, streaming sports, sensitive financial and medical data, and mobile applications essential to their business. Verimatrix enables the trusted relationships its customers depend on to deliver quality content and service to millions of consumers around the world. Verimatrix supports its partners to allow them faster access to the market, facilitate their development, protect their revenues and win new customers. To find out more, visit the site www.verimatrix.com.
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Verimatrix Key Shield offers new features to simplify security deployment and increase the level of protection of SoftPOS-Software dedicated to points of sale
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