RadCred certifies 2048-BIT RSA to protect user’s personal information
BURBANK, Calif., June 24, 2022 (GLOBE NEWSWIRE) — According to a report According to the Global Economic Crime Survey, cybercrime has escalated like never before. Cyber crime, including data breaches, is the most common financial crime today. Increasing reliance on digitization, nearly 55% of the population rely on online tools for their borrowing needs. RadCred includes 2048-BIT RSA protection to protect personal loan application data. To ensure the safety of their customers, the platform is also a member of TrustedSite, which regularly scans the site to minimize security breaches.
About 2048-BIT RSA:
2048-BIT RSA is an extension of the existing 1024-BIT RSA. Essentially, 2048-BIT RSA is a type of symmetric encryption responsible for securing the website’s algorithm. The world seems to be adapting well to quantum cryptography, which aims solely to secure the roadmap of Internet websites. Also, 256 bits is the longest and mathematically most difficult AES key length. It is said that it will take an average computer more than 300 trillion years to crack 2048-BIT RSA encryption keys (source). Because 2048-BIT RSA is also the most difficult to crack in the US National Institute of Standards And Technology (NIST), the use of security codes below 112 bits is not allowed under the federal government (source). Google validated and integrated the specified encryption strength by the end of 2013. However, the current encryption keys are valid until the year 2030. Currently federal ministries and agencies, non-governmental organizations, commercial companies and organizations use the highest BIT RSA encryption to protect their sensitive information.
RadCred is an online marketplace that brings lenders and borrowers together. Its unique selling proposition lies further in the provision of funds personal loans for bad credit in less than 24 hours securely and immediately to its customers. The platform also offers lenders that accept loan applications without a credit check. To start the process, there are 3 simple steps to complete the application.
Since its inception, the marketplace has served and helped millions of people worldwide. RadCred is also a member of the Online Lenders Alliance, which ensures its members follow a code of conduct and propriety by resorting to safe practices. The Online Lenders Association (OLA) protects the interests and rights of users to create a diverse and responsible marketplace. Based in Burbank, California, RadCred connects borrowers with the best mortgage lenders in the industry at the best interest rates.
For more information, see: radcred.com
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Disclaimer: RadCred is not a direct lender and is not involved in the credit process in any way.