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nCipher nShield® XC Hardware Security Modules Achieve Common Criteria EAL4+ Certification

nShield® HSMs certified to eIDAS Protection Profile EN 419 221-5

CAMBRIDGE, England & SUNRISE, Fla.–(BUSINESS WIRE)–nCipher Security, an Entrust Datacard company and provider of trust, integrity and control for business-critical information and applications, announces that its nShield® XC hardware security modules (HSMs) have received Common Criteria EAL4+ certification. This certification confirms that nShield HSMs meet the requirements of the European Union’s electronic Identification, Authentication and Trust Services (eIDAS) regulation.

“Our company has long championed best practices and industry standards, and this level of security certification demonstrates our commitment to achieving the highest standards and compliance requirements,” says Peter Galvin, vice president strategy, nCipher Security. “Common Criteria EAL4+ certification is based on independent review of the nShield XC HSM and its security properties, which is a powerful tool for building trust and confidence for nCipher customers. By meeting this standard, government agencies and private sector enterprises deploying nCipher HSMs can be assured they are implementing the most secure solutions available.”

With this Common Criteria certification, service providers who issue digital certificates, time stamps, or digital signatures can use nShield HSMs as a part of eIDAS compliant solutions. eIDAS compliance is required in the European Union, and has been adopted by many other countries around the world for government-to-government and government-to-citizen services, provision of public services and website certificates, and regulated markets such as banking, financial services and healthcare. eIDAS can be used for any cross-border services such as car rental, or whenever a business wants to ensure the legal validity of an electronic signature.

About Common Criteria

The international Common Criteria standard was developed to unify and supersede national IT security certification schemes from several different countries, including the US, Canada, Germany, the UK, France, Australia, and New Zealand. Common Criteria certified solutions are required by governments and enterprises around the world to protect their mission-critical infrastructures. Common Criteria is often a prerequisite for qualified digital signatures under the European Union digital signature laws. Under Common Criteria, a product is evaluated to one of seven specific Evaluation Assurance Levels (EALs). nCipher nShield Connect, nShield Connect+, nShield Solo, nShield Solo+ and now nShield Solo XC and nShield Connect XC have all been certified to EAL4+, ensuring customers have the utmost confidence in nCipher’s range of advanced cryptographic solutions.

About eIDAS

The eIDAS regulation was created to establish trust in electronic transactions between individuals, organizations and government entities across European Member States. Under eIDAS, citizens and businesses can use their native national electronic identification schemes (eIDs) when accessing public services within other EU Member States that use eIDs. Additionally, this regulation implements standards for electronic signatures, time stamps, electronic seals, and other proof of authentication, including electronic certification and registered delivery services that give those electronic transactions the same legal status as if they were conducted on paper.

nShield Solo XC and Connect XC HSMs:

  • eIDAS and Common Criteria EAL4 + AVA_VAN.5 and ALC_FLR.2 certification against EN 419 221-5 Protection Profile, under the Dutch NSCIB scheme
  • Can form the basis of an EN 419 241-2 certified remote signing system for eIDAS.
  • Compliant with BSI AIS 31 for true and deterministic random number generation

nShield Solo, Solo+, Connect, and Connect+ HSMs:

nCipher nShield HSMs are also certified to FIPS 140-2 Level 2 and Level 3, a standard defined by the US National Institute of Standards and Technology (NIST) and the most widely adopted security benchmark for cryptographic solutions in government and commercial enterprises. nCipher‘s participation in the Common Criteria scheme complements FIPS validation by providing a broader scope for evaluation including further assurance that the product has been developed in accordance with internationally recognized best practice.

About nCipher Security

nCipher Security, an Entrust Datacard company, is a leader in the general-purpose hardware security module (HSM) market, empowering world-leading organizations by delivering trust, integrity and control to their business critical information and applications. Today’s fast-moving digital environment enhances customer satisfaction, gives competitive advantage and improves operational efficiency – it also multiplies the security risks. Our cryptographic solutions secure emerging technologies such as cloud, IoT, blockchain, and digital payments and help meet new compliance mandates. We do this using our same proven technology that global organizations depend on today to protect against threats to their sensitive data, network communications and enterprise infrastructure. We deliver trust for your business critical applications, ensure the integrity of your data and put you in complete control – today, tomorrow, always. www.ncipher.com

Contacts

nCipher Security
Megan Nemeh [email protected] +1 408 887 5064

Liz Harris [email protected] +44 7973 973648

Business Wire , 2019-12-04 10:02:35 ,

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NewsBlock © 2019 - 2020 All rights reserved.

NewsBlock © 2019 - 2020. All rights reserved.


While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

Featured Image from Shutterstock


Nick Chong , 2019-11-10 12:00:38

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