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.

In other crypto news, a group of researchers has developed a new attack on the AES encryption algorithm. The attack is the first one on AES that is better than a brute force attack.