November 6, 2026

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X9 defines new standard for encryption of financial services data

Cryptography News
X9 defines new standard for encryption of financial services data

Today the Accredited Standards Committee X9 Inc. announced the publication of a new standard that defines requirements for using a particular method of preserving formatting in the encryption of financial services data. The standard, X9.124-2 Symmetric Key Cryptography For the Financial Services Industry — Format Preserving Encryption – Part 2: Key Stream with Counter Mode, is now available for purchase from the ANSI Store.

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