Cryptography is a race. Cryptographers need to always figure out better algorithms as the “bad guys” are figuring out smarter/faster ways to break them. Thankfully, cryptographers are way ahead and, at Privowny, we leverage the best technologies to make sure we always stay several moves ahead of a possible hack. This is why we keep upgrading our security protocols and algorithms and will keep doing so on a regular basis.
The PrivownyBar uses RSA 1024-bit Encryption to encrypt its users’ data. RSA-1024 has 1,024 bits (309 decimal digits) and has not been factored so far but some experts believe that 1024-bit keys may become breakable in the near future. This is why it is prudent to upgrade and use RSA with 2048 bit or more for long-term security.
Our current Digital ID beta product uses RSA 2048-bit Encryption and will soon upgrade to RSA-4096.
Doubling key strength delivers an exponential increase in protection since encryption strength is directly tied to key size*.
This security upgrade is essential if we want to be able to keep our promise to our users and offer the best available in data protection.
In addition to staying on top of cryptography algorithms Privowny has been working hard these last few years to refine its security architecture, protocols, and best practices. With the migration from the PrivownyBar to Digital ID our users will benefit from all these improvements. Privowny is entering a new era and we are as committed as ever to stick to our high standards.
*Want to know more?
For the simply curious: https://en.wikipedia.org/wiki/RSA_(cryptosystem)