ASC X9 has released a new standard, X9.24-3, that allows the use of the AES DUKPT algorithm to enhance security in retail financial transactions.

Take the invulnerability of AES encryption, for example. Governments and businesses place a great deal of faith in the belief that AES is so secure that its security key can never be broken.

The Advance Encryption Standard (AES) algorithm is a symmetric block cipher that provides a high level of confusion and diffusion, so it is considered, immune against many known mathematical analysis ...