Cryptomathic is one of the world's leading providers of security solutions to businesses across a wide range of industry sectors, including finance, smart card, digital rights management and government. With over 20 years' experience, Cryptomathic has assisted customers by providing systems for e-banking, two-factor authentication, PKI initiatives, EMV card issuing, card personalization, ePassport issuance and inspection and advanced key management through best-of-breed security software and services. Cryptomathic prides itself on its strong technical expertise and unique market knowledge. Together with its established network of partners, Cryptomathic assists companies around the world, building and delivering security solutions from requirement specification to implementation.Cryptomathic CardInk is a second-generation EMV data preparation system, which is used for issuing single- and multi- application smart cards. Based on an input file, which contains information on cardholders, Cryptomathic CardInk generates the application data to be stored on the card - including all cryptographic data. CardInk complies with the EMV standard and supports applications from major payment schemes including Visa and MasterCard.
Additionally, Cryptomathic has become the first security vendor to announce the development of a GlobalPlatform compliant Key Management System for the financial sector. Work is currently underway to extend the Cryptomathic Key Management System (KMS), launched in May 2007, in line with the GlobalPlatform Systems Specifications and is expected to bring a GlobalPlatform compliant product to market in Q1 08.
Cryptomathic’s GlobalPlatform compliant KMS will enable organizations to comprehensively manage the entire lifecycle of a very large number of cryptographic keys using a standard, centralized approach which meets core functional requirements set out by GlobalPlatform. It will offer an immediate return on investment by significantly reducing the need to have key custodians present to manually install and regularly manage the lifecycle of keys on devices such as ATMs, payment switches and transaction authorization and issuing systems. Key custodians and security managers can perform key management functions online, enabling them to work from their own desks. In this way, security is increased as keys can be updated more frequently and human error is avoided.
