Bilateral Key Exchange
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Bilateral Key Exchange
Bilateral key exchange (BKE) was an encryption scheme utilized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). The scheme was retired on January 1, 2009 and has now been replaced by the Relationship Management Application (RMA). All key management is now based on the SWIFT PKI that was implemented in SWIFT phase two. A bilateral key allowed secure communication across the SWIFT, SWIFT Network. The text of a SWIFT message types, SWIFT message and the authentication key were used to generate a message authentication code or MAC. The MAC ensured the origin of a message and the authenticity of the message contents. This was normally accomplished by the exchange of various SWIFT messages used specifically for establishing a communicating key pair. BKE keys were generated either manually inside the SWIFT software, or automatically with the use of a secure card reader (SCR). Since 1994, the keys used in the card reader and the authentication keys themselves ...
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Society For Worldwide Interbank Financial Telecommunication
Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, an international organization facilitating transactions between banks * Swift Engineering, an American engineering firm * Swift & Company, a meat processing company * Swifts (aerobatic team), a Russian aerobatic team Transportation companies * Swift Cooper, a British racing car manufacturer * Swift Leisure, a British manufacturer of caravans * Swift Motor Company, of Coventry, England * Swift Transportation, a US trucking company Places * River Swift, a river in England * Swift, Illinois, an unincorporated community in northeastern Illinois * Swift County, Minnesota, a county in west-central Minnesota * Swift, Minnesota, an unincorporated community in northern Minnesota * Swift, Missouri, a ghost town in southeastern Missouri As ...
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Relationship Management Application
Relationship Management Application (RMA) is a service provided by SWIFT to manage the business relationships between financial institutions. RMA operates by managing which message types are permitted to be exchanged between users of a SWIFT service: * the receiver specifies which message types are permitted, and sends this permission data to the sender, * the sender checks the message type against the permission data before sending a message to the receiver. RMA uses a SWIFTNet InterAct Store and Forward Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, ... service to exchange the permission data between financial institutions. RMA was initially scheduled for roll-out on the SWIFT FIN service as part of the SWIFTNet Phase 2 project in 2008.{{cite web , url=http://www.swift.com/inde ...
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SWIFT
Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, an international organization facilitating transactions between banks * Swift Engineering, an American engineering firm * Swift & Company, a meat processing company * Swifts (aerobatic team), a Russian aerobatic team Transportation companies * Swift Cooper, a British racing car manufacturer * Swift Leisure, a British manufacturer of caravans * Swift Motor Company, of Coventry, England * Swift Transportation, a US trucking company Places * River Swift, a river in England * Swift, Illinois, an unincorporated community in northeastern Illinois * Swift County, Minnesota, a county in west-central Minnesota * Swift, Minnesota, an unincorporated community in northern Minnesota * Swift, Missouri, a ghost town in southeastern Missouri As ...
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SWIFT Message Types
SWIFT message types are the format or schema used to send messages to financial institutions on the SWIFT network. The original message types were developed by SWIFT and a subset was retrospectively made into an ISO standard, ISO 15022. In many instances, SWIFT message types between custodians follow the ISO standard. This was later supplemented by a XML based version under ISO 20022. Composition of MT number SWIFT messages consist of five blocks of data including three headers, message content, and a trailer. Message types are crucial to identifying content. All SWIFT messages include the literal "MT" (message type/text). This is followed by a three-digit number that denotes the message ''category'', ''group'' and ''type''. Consider the following two examples. Example 1 MT304 * The first digit (3) represents the category. A category denotes messages that relate to particular financial instruments or services such as precious metals (6), treasury (3), or traveller's cheque ...
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Message Authentication Code
In cryptography, a message authentication code (MAC), sometimes known as a ''tag'', is a short piece of information used for authenticating a message. In other words, to confirm that the message came from the stated sender (its authenticity) and has not been changed. The MAC value protects a message's data integrity, as well as its authenticity, by allowing verifiers (who also possess the secret key) to detect any changes to the message content. Terminology The term message integrity code (MIC) is frequently substituted for the term ''MAC'', especially in communications to distinguish it from the use of the latter as ''media access control address'' (''MAC address''). However, some authors use MIC to refer to a message digest, which aims only to uniquely but opaquely identify a single message. RFC 4949 recommends avoiding the term ''message integrity code'' (MIC), and instead using ''checksum'', ''error detection code'', '' hash'', ''keyed hash'', ''message authentication code'', ...
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RSA (algorithm)
RSA (Rivest–Shamir–Adleman) is a public-key cryptosystem that is widely used for secure data transmission. It is also one of the oldest. The acronym "RSA" comes from the surnames of Ron Rivest, Adi Shamir and Leonard Adleman, who publicly described the algorithm in 1977. An equivalent system was developed secretly in 1973 at Government Communications Headquarters (GCHQ) (the British signals intelligence agency) by the English mathematician Clifford Cocks. That system was declassified in 1997. In a public-key cryptosystem, the encryption key is public and distinct from the decryption key, which is kept secret (private). An RSA user creates and publishes a public key based on two large prime numbers, along with an auxiliary value. The prime numbers are kept secret. Messages can be encrypted by anyone, via the public key, but can only be decoded by someone who knows the prime numbers. The security of RSA relies on the practical difficulty of factoring the product of two ...
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Cryptographic Protocols
A security protocol (cryptographic protocol or encryption protocol) is an abstract or concrete protocol that performs a security-related function and applies cryptographic methods, often as sequences of cryptographic primitives. A protocol describes how the algorithms should be used and includes details about data structures and representations, at which point it can be used to implement multiple, interoperable versions of a program. Cryptographic protocols are widely used for secure application-level data transport. A cryptographic protocol usually incorporates at least some of these aspects: * Key agreement or establishment * Entity authentication * Symmetric encryption and message authentication material construction * Secured application-level data transport * Non-repudiation methods * Secret sharing methods * Secure multi-party computation Secure multi-party computation (also known as secure computation, multi-party computation (MPC) or privacy-preserving computation) is a ...
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