NextGenPSD2 certification

NextGenPSD2 certi­fi­cation | SRC launches audits for XS2A

Are you ready to certify your NextGenPSD2 implementation?

The revised Payment Services Directive (PSD2) requires banks to allow autho­rized third parties access to customer data. These third party payment service providers (TPP) are to be granted access via a programming interface (XS2A) with the customer’s consent. With this data, TPPs will be able to offer innov­ative payment initi­ation and account infor­mation services. The NextGenPSD2 certi­fi­cation promotes the imple­men­tation of a uniform standard.

Most banks and API providers in Europe implement the XS2A interface using the NextGenPSD2 framework of the Berlin Group. This is an open and Europe-wide harmo­nized solution for imple­menting the PSD2 require­ments for the XS2A interface.

The correct imple­men­tation of the XS2A interface relieves the institute from imple­menting a fallback interface solution. The NextGenPSD2 Imple­men­tation Support Program (NISP) offers the partic­i­pants a testing framework with test concept, test case catalog, compliance best practices and test tool require­ments. The imple­menting institute evaluates its own work. As a result, the imple­men­tation is completed. It remains to be seen if this self-assessment will be considered suffi­cient by the super­visory authority (NCA).

Why should you undergo the NextGenPSD2 certification?

The self-assessment of the NextGenPSD2 imple­men­tation already offers a high level of quality. However, different inter­pre­ta­tions of the speci­fi­cation can lead to inter­op­er­ability problems. There is currently no documented agreement between banks and third-party providers on the exact imple­men­tation of the XS2A interface. This increases the proba­bility that the respon­sible super­visory authority of the banks will refuse the exemption from the imple­men­tation of a fallback interface solution.

SRC has extensive and detailed expertise from its involvement in the speci­fi­cation and imple­men­tation of the XS2A interface as part of NISP. On this basis, we have developed the NextGenPSD2 certi­fi­cation for you.

How does the NextGenPSD2 certi­fi­cation process work?

Require­ments for the NextGenPSD2 certi­fi­cation are the test case catalogue, the imple­men­tation profile and the test speci­fi­cation of the imple­menting institute. SRC uses these require­ments to carry out a complete functional, security and perfor­mance audit of the NextGenPSD2 implementation.

Audit Validation

During validation, the imple­men­tation is reviewed with respect to the require­ments of the documentation.

Functional part

In the functional part, the test speci­fi­ca­tions are executed and the results are verified.

Non-functional part

In the non-functional part, the avail­ability of the imple­men­tation (stress test) is deter­mined and evaluated at relevant points.

Security test

In the security test, methods of penetration testing are used. It is evaluated if the imple­men­tation of the XS2A interface offers suffi­cient protection against fraud attempts on customer data and transactions.

The certi­fi­cation is documented in a final report. If all require­ments are at least suffi­ciently fulfilled, the institute receives an SRC certificate. With this certificate, the conformity of the imple­mented XS2A interface can be demon­strated to third parties and the super­visory authority. Based on the first certi­fi­cation, regression audits can be carried out in the future.

SRC consulting services for devel­opment optimization or for creating the test speci­fi­cation can be used to prepare for the NextGenPSD certification.

Why SRC?

As a co-editor of the NextGenPSD2 Framework and the NISP Testing Framework, SRC has a deep under­standing of the NextGenPSD2 standards and all tasks associated with testing. In addition, SRC has many years of experience in devel­oping test environ­ments with many licensed auditors for multiple functional and security evalu­a­tions according to formal certi­fi­cation schemes. As a result, SRC is able to carry out a high-quality audit with manageable effort.

Are you inter­ested in NextGenPSD2 certi­fi­cation? Then please contact us at info@src-gmbh.de.

ISB

Certificate Course “Infor­mation Security Officer for Credit Insti­tu­tions” — May 7 to 10, 2019

The German Banking Act (KWG) and MaRisk require banks to ensure the integrity, avail­ability, authen­ticity and confi­den­tiality of data in their IT systems and processes. But secure and efficient IT is also essential for the economic success of a bank.

The new “Banking Super­vision Require­ments for IT” (BAIT) formulate concrete expec­ta­tions. Among other things, the Federal Financial Super­visory Authority (BaFin) has issued a guideline calling for the new function of the “Infor­mation Security Officer ” to be set up. He or she controls the infor­mation security process and reports directly to the management.

In cooper­ation with Bank-Verlag, SRC has already success­fully completed three certificate courses for the “Infor­mation Security Officer (ISB) for credit insti­tu­tions”. After the great response and the continuing demand, we are pleased that the Bank-Verlag has made another date possible for this four-day certificate course.

From 7 to 10 May 2019, you will once again have the oppor­tunity of further training in Cologne to become an “Infor­mation Security Officer (ISB) for credit institutions”.

In a team with Heinrich Lottmann (TARGOBANK AG & Co. KGaA) and Alexandros Manakos (HSBC Trinkaus & Burkhardt AG) the SRC experts Sandro Amendola, Florian Schumann and Randolf Skerka will give a lecture on the norms and standards according to ISO and IT-Grund­schutz, as well as on all legal/regulatory require­ments relevant for you as an ISB. In addition, the topics IT Risks and Contin­gency Management as well as Business Conti­nuity Management will be discussed.

After passing the final exami­nation, you will receive the certificate “Infor­mation Security Officer for Credit Institutions”.

On 6 May 2019 you will also have the optional oppor­tunity to acquire the basic IT knowledge required for the course in a one-day intensive seminar in Cologne prior to the event. This course deals with basics, terms, encryption and IT security techniques in infor­mation technology.

 

Course website
Online regis­tration

 

Associate QSA

Associate QSA — quali­fying as a QSA

SRC offers mentoring programme for future Security Evaluators

The QSA accred­i­tation — the previous, unstruc­tured path to becoming a highly qualified Security Evaluator

Extensive experience is required to audit environ­ments in which payment card data is accepted and/or processed for compliance with the PCI DSS security standard. To date, there has been no standardised way of fulfilling the relevant prereq­ui­sites for admission as a PCI DSS assessor (Qualified Security Assessor, QSA) which are compre­hensive profes­sional experience, PCI DSS-specific training and testing as well as at least two other accred­i­ta­tions in the field of infor­mation security and IT auditing.

Associate QSA — the accom­panied path to QSA

With the new Associate QSA programme of the Payment Card Industry Security Standards Council (PCI SSC), an oppor­tunity has now been defined through which new talents with a basic level of profes­sional experience can advance towards QSA approval.

Associate QSA will be accom­panied by an experi­enced QSA mentor. The devel­opment and increasing audit experience of the Associate QSA are regularly reflected and documented. In this way, it is monitored and ensured that the employee has compre­hensive experience in all relevant areas until he or she obtains QSA accreditation.

SRC provides training

The SRC team is known for not consid­ering test standards as check­lists to be processed, but for deriving their appli­cation from complex environ­ments and for supporting the customer in the imple­men­tation and inter­pre­tation as practi­cally as possible. This requires compre­hensive expertise and experience in combi­nation with a constant exchange with other experts.

SRC therefore welcomes the defin­ition of a step-by-step procedure for the training and support of Associate QSA, which contributes to the devel­opment of an appro­priate quali­fi­cation. SRC has thus regis­tered as an Associate QSA company and has already approved the first employee as an Associate QSA. In this way, the quality of the audits in the constantly changing payment trans­action environ­ments is to be guaranteed also in the future.

Akkreditierung

SRC receives accred­i­tation for Conformity Assessment Body (KBS) according to ISO 17065

Last month, the German Accred­i­tation Body (DAkkS) granted SRC Security Research & Consulting GmbH accred­i­tation for its Confomity Assessment Body (KBS) according to ISO 17065.

This accred­i­tation applies to the confomity assessment of (qualified) trust service providers who wish to have trust services qualified in accor­dance with the require­ments of Regulation (EU) No. 910/2014 (eIDAS).

The eIDAS Regulation contains binding Europe-wide regula­tions in the fields of “Electronic Identi­fi­cation” and “Electronic Trust Services”. The Regulation creates a uniform framework for the cross-border use of electronic means of identi­fi­cation and trust services.

As an EU regulation, it is directly applicable law in all 28 EU member states as well as in the European Economic Area.

Smart Metering

Chances & Risks of Smart Metering

SRC’s contri­bution to the Expert Round­table on the security perspective for Smart Metering

On August 22, 2018 Dr. Deniz Ulucay and Dr. Jens Oberender, Senior Consultant at SRC, took part in the Expert Round­table in Cologne. It was organised by eco — Verband der Inter­netwirtschaft and dealt with the topic “Smart Energy: Not without my Smart Meter?”

The meeting was attended by repre­sen­ta­tives of companies respon­sible for imple­menting the Energy Ordinance. Suppliers for Smart Meter Gateways were repre­sented as well as network operators and startups, for example in the field of visual­i­sation. In this context, Dr. Oberender made an impulse contri­bution. Based on the experience of the evalu­ation body in evalu­ating security modules and Smart Meter Gateways, the Senior Consultant describes oppor­tu­nities and risks in Smart Metering. Using a risk-based approach, he described the previous activ­ities of the standard­isers and the business oppor­tu­nities to be exploited, but also their risks.

The complete presen­tation can be downloaded here as PDF. If you have any further questions on this topic, please do not hesitate to contact us.

Smart Energy

SRC Smart Energy Expert at Round­table in Cologne

On Wednesday, 22 August 2018, an expert round­table will take place in Cologne. Organised by eco — Verband der Inter­netwirtschaft, the expert round­tables are charac­terised above all by high expertise, multi­dis­ci­plinary perspec­tives and high discussion intensity.

In August the motto of the event is “Smart Energy: Not without my “Smart Meter?” and among other things it will deepen the previous round­table on the topic “Smart Home”. For many years people have been talking about smart metering, but the actual devel­opment seems to be far behind the plans and prognoses of that time. New framework condi­tions, new approaches and new success factors will now be discussed in the panel of experts to be held on 22 August 2018.

Dr. Jens Oberender, Senior Consultant at SRC, will discuss in an oral contri­bution on the thematic field “Security and perspec­tives of the Smart Meter” if Smart Meters and their environment can be considered as secure. Dr. Oberender draws on his many years of experience in consulting projects relating to the certi­fi­cation of Smart Meter Gateways.

Cloud Security

SRC expands compe­tencies in Cloud Security

Cloud computing sets high standards for IT security

Cloud computing and cloud security has long since become the norm, and more and more companies are outsourcing parts of their infra­struc­tures and services to the cloud in order to be able to act more flexibly.

However, the security challenges in the cloud go beyond tradi­tional IT security require­ments. For example, it must be techni­cally guaranteed that only autho­rised persons have access to the sensitive data. Special care must be taken to secure the cloud management interface. The biggest organ­i­sa­tional challenge is the distri­b­ution of security respon­si­bil­ities among several parties. This is exactly what must also be taken into account when drafting contracts and fulfilling compliance requirements.

Incorrect config­u­ration of cloud accounts — billions of data freely acces­sible in the Web

A recent incident also shows how sensitive this issue is. Due to faulty config­u­ra­tions of Amazon Cloud Simple Storage Services (Amazon S3) storage units and web servers, a number of confi­dential documents ended up freely acces­sible to everyone on the net. These included payrolls, confi­dential patent appli­ca­tions and secret construction plans for products in the devel­opment process. According to the report of the security company “Digital Shadows”, about 1.5 billion data have landed on the net. Especially confi­dential data, such as internal reports, photos of department stores or data centers or lists of security holes in internal company software, can be misused by attackers for hacker attacks on the company or for theft.

SRC employees acquire Certificate of Cloud Security Knowledge

SRC accom­panies its customers in these challenges with compe­tence. For this purpose, several employees have acquired the Certificate of Cloud Security Knowledge (CCSK) from the Cloud Security Alliance.

The CCSK is the first Cloud Security Certificate offered by the world’s leading cloud security provider, the Cloud Security Alliance. The Cloud Security Alliance is a non-profit organ­i­sation and develops — in cooper­ation with ENISA — the vendor-independent standard for cloud security. By acquiring the certificate, SRC employees gained the necessary breadth and depth of knowledge to implement holistic cloud security programmes to protect sensitive infor­mation according to globally recog­nised standards.

International Common Criteria Conference

SRC gives lecture on JTEMS at the Inter­na­tional Common Criteria Conference in Amsterdam

From 30 October to 1 November, the 17th Inter­na­tional Common Criteria Conference will take place in Amsterdam. The Inter­na­tional Common Criteria Conference is presented with the support of the Common Criteria User Forum (CCUF). The CCUF provides a voice and commu­ni­cation channel between the CC community and the organ­ising committees of the Common Criteria, CCRA member organ­i­sa­tions (national programmes) and policy makers.

SRC will also actively partic­ipate in this year’s conference. In a presen­tation by our expert Sven-Martin Hühne on the topic “JTEMS — a Payment Scheme Independent Framework for POI Terminal specific Security Evalu­a­tions based on Common Criteria” the JTEMS Framework is presented and the current “state of affairs” is explained. The presen­tation deals with the advan­tages of a CC-based and Payment Scheme independent evalu­ation and certi­fi­cation procedure for POI terminals. The framework is a living example of the active use of the CC method by inter­ested parties from the private sector (German banking industry and UK Finance or Common.SECC). The possi­bility of embedding the JTEMS framework in current discus­sions of the EU Commission for a “European Security Certi­fi­cation Scheme” will also be discussed.

In the panel discussion “The Why and How of Using CC in Private Schemes”, Regine Quent­meier discusses these aspects from the point of view of users from the European banking industry in an exchange with repre­sen­ta­tives of other economic sectors.

CSCUBS 2018

SRC provides students with insight into exciting projects as part of CSCUBS 2018

Review of the 5th Computer Science Conference for University of Bonn Students

The CSCUBS 2018 took place on May 16th in the premises of the University of Bonn and was organised by PhD and MSc students with the aim of promoting research in computer science and scien­tific exchange among students. The partic­i­pation of researchers and practi­tioners was also encouraged. The students also had the oppor­tunity to submit their own contri­bu­tions describing new research or devel­opment work in connection with computer science. This also included university projects, disser­ta­tions and results of other profes­sional or leisure activ­ities. In addition to the sponsoring companies, the students themselves gave lectures.

SRC staff provides students with insight into exciting projects

Max Hettrich of SRC also reported on the company’s fields of activity in a lecture. The focus was on payment evolving. The aim here is to put the “Girocard into the mobile phone”. What is partic­u­larly inter­esting here is what the security evalu­ation for payment cards looks like so far and what new challenges will now arise for mobile payment in the future. Reverse engineering of the appli­ca­tions used will play a central role in the security evalu­ation of smart­phone-based solutions. The examiner takes on the role of an attacker and tries to find ways to compromise the payment appli­cation. This is a central building block for evalu­ating the effec­tiveness of the imple­mented protection mecha­nisms. Where in the past the SRC evalu­ation facility in particular evaluated the security of payment cards, in future the department for penetration testing will also contribute its expertise in the evalu­ation of mobile solutions.

In addition, the lecture also included more general topics, such as the fields of activity and working atmos­phere of the SRC. The core business of payment cards has developed over the many years that SRC has been in existence into a multitude of other business areas. It was also discussed what makes SRC as an employer special and what qualities SRC offers.

Conclusion and impres­sions from the view of the SRC

“The high proportion of inter­na­tional students, the active partic­i­pation in the event and the consis­tently independent organ­i­sation of the CSCUBS made a lasting impression on us,” said Jochen Schumacher of SRC. The BSI, BC Technologies and SRC accom­panied the CSCUBS 2018 with presen­ta­tions. We were partic­u­larly pleased that SRC’s practical contri­bution provided material for a productive discussion. The security of modern payment trans­ac­tions is a topic that also moves students. This was demon­strated by the many meaningful discus­sions in the plenum and the personal exchange at SRC’s specially set up stand. CSCUBS 2018 was an extremely successful and infor­mative event. SRC is looking forward to the new edition in 2019.

Image credit: https://twitter.com/CSCUBS_Bonn
Employee Interview

From Quantum Physicist to Security Analyst at SRC — An Employee Interview

The following employee interview with Dr. Max Hettrich allows a look behind the scenes of SRC. We at SRC always have an open ear for our employees and are happy that we were able to ask Max about his career and his work at SRC.

Hey, Max, let’s just start right away. What education do you have?

I’m a physicist. After my studies I first worked in academic research, namely in exper­i­mental quantum optics. It was all about lasers, vacuum chambers, and quantum physics. But also computer simula­tions and digital measurement technology. The IT topic has always been there, even if not in the first place.

How did you become aware of SRC and the job adver­tisement and why did you apply to SRC?

I became aware of SRC through a colleague at that time, who again knew an employee at SRC. After I learned that physi­cists are very welcome at SRC and that I have always been inter­ested in IT security topics, my curiosity was aroused.

How long have you been with SRC?

I joined SRC in July 2017, less than a year ago.

How did your training go?

Very carefully considered and struc­tured. Those respon­sible have really thought carefully about the projects to be considered. I always had enough freedom to find out which topics I liked most.

Which topics are you currently working on?

On the one hand, I deal with many compliance issues in the IT security environment, and on the other hand with reverse engineering of software for mobile devices in order to assess their security against various attack scenarios. These are two quite different subject areas, but they complement each other perfectly.

What are your main tasks and activ­ities in your daily work routine?

Compliance projects are always about analysing a customer’s system and assessing if it meets regulatory require­ments. Since no two systems are alike, it never gets boring.

The goal of reverse engineering is to under­stand the function of software and to extract any hidden assets without having access to the source code. This requires, for example, reading and analysing native code or debugging and instru­menting running programmes.

What does your typical working day look like? Do you travel a lot?

Mostly I work in my office in the SRC office in Wiesbaden. I am, atypical for a consulting firm, rather little on travel, since most work can be done simply best if I am in direct contact with my colleagues on site.

What do you partic­u­larly like about SRC?

I find the rather flat hierarchy partic­u­larly positive, and great freedom with regard to the selection of fields of activity.

And how do you feel about the working atmos­phere at SRC?

I find the atmos­phere here extremely pleasant. The fact that SRC is a rather small company with about 120 employees allows a rather informal and direct commu­ni­cation among each other. I believe that many conflicts do not arise as a result.

Keyword Work-Life-Balance: How can work at SRC be recon­ciled with your private life?

This really works out great! Our working hours at SRC are flexible, overtime hours are always logged and can be compen­sated later.

What do you think appli­cants need to bring with them in order to be successful at SRC?

I think the most important thing is a pronounced analytical thinking, and strong self-initiative. If you already have experience in one of SRC’s fields of activity, the better. But my impression is that gener­alists are also welcome at the SRC. You then have the oppor­tunity to acquire the necessary specialist knowledge on more closely defined topics as required.

One last question: What would you suggest to potential applicants?

Don’t be shy! You can easily find out whether you like SRC’s fields of activity if you have a look at our website and our career portal. If this is the case: Just send us your application!