The Oasis consortium have formed a committee to develop an open standard for managing symmetric encryption cryptographic keys across the enterprise.
The Oasis Enterprise Key Management Infrastructure (EKMI) Technical Committee will develop a standard, royalty free web services protocol for managing encryption keys.
Arshad Noor, chair of the Oasis EKMI Technical Committee, said, "We believe that key management must become as generic a service as the Domain Name Service (DNS), applicable and accessible to anything that needs its services."
According to IT analyst Burton Group, the life cycle of encryption keys is needed to tackle the problem of businesses in ordre to reduce the complexity of managing different ebcryption systems.
"Enterprises need to maintain keys in a consistent way across various applications and business units," said Trent Henry, senior analyst, Burton Group. "EKMI will be an important step in addressing this problem in an open, cross-vendor manner."
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