WISeKey is Implementing Post–Quantum Algorithms in its Root of Trust Services and Semiconductors for IoT Security
01 September 2022 - 12:44AM
WISeKey is
Implementing Post–Quantum Algorithms in its
Root of Trust Services and Semiconductors
for IoT Security
Geneva – August 31, 2022 – WISeKey International
Holding Ltd (“WISeKey “) (SIX: WIHN, NASDAQ: WKEY), a leading
global cybersecurity, Blockchain and IoT company, today announced
advances in its “Post-Quantum” strategy designed to support a new
grade of future-proof PKI services.
WISeKey is developing a new range of Trust
Services, that will take advantage of the latest developments in
post-quantum encryption (PQE) to be applied in real-world
applications of digital signatures and encryption using PKI and
digital certificates, such as secure communication channels (TLS),
enhanced Key Exchanges and email security (S/MIME). These services
are currently based in standards that can be improved to be
resilient to quantum attacks and offer backwards compatibility with
existing counterparts. WISeKey implementation of PQE is done around
the concept of “hybrid signatures” which combine in a single X.509
certificate a conventional signature with a second signature using
a PQE algorithm. This approach ensures backwards compatibility and
opens a new horizon of cybersecurity services.
Later this year, WISeKey plans to offer a first
“Root of Trust” based in PQE algorithms promoted currently by the
NIST as valid candidates, which will be the foundation of a new
portfolio of Trust Services and secure several IoT projects on
which WISeKey is already working.
Previously WISeKey provided updates on its
progress in developing post-quantum resistant algorithms by
establishing strategic R&D partnerships with MINES
Saint-Etienne Research Institute. WISeKey’s R&D group has been
working with several NIST’s candidates for the MS600X Common
Criteria products, such as Crystals-Kyber and Crystals-Dilithium,
aiming to develop a complete post-quantum cryptography toolbox to
be combined with new PKI-related Trust Services delivered by
WISeKey.
These post-quantum cryptography initiatives will
play a key role in controlling vulnerability and other risks
related to quantum computers technologies which when used by
hackers can give them the ability to crack cryptography algorithms,
corrupt cybersecurity and compromise global economy by undermining
the security foundations of the current financial and governmental
services. These initiatives have received tremendous support by
many government entities around the world through the sponsoring of
public/private R&D projects. In particular, WISeKey is active
in key initiatives promoted by French Agency for Cybersecurity
(ANSSI), and by the National Cybersecurity Center of Excellence of
the US NIST.
“WISeKey is, once more, demonstrating a clear
focus on playing an active role shaping the future of the internet
security. We have a solid approach in developing new products to
implement post-quantum encryption technologies, and for this we
will be dedicating all the necessary R&D resources,” said
Carlos Moreira, Founder and CEO of WISeKey.
WISeKey’s strategy to further expand its
U.S. operations will also benefit from its recent collaboration
with NIST for the NCCoE Trusted IoT Device Network-Layer Onboarding
and Lifecycle Management Consortium project. Additional
information on this consortium can be found
at: http://www.nccoe.nist.gov/projects/trusted-iot-device-network-layer-onboarding-and-lifecycle-management.
For this project, WISeKey is working with NIST to define
recommended practices for performing trusted network-layer
onboarding, which will aid in the implementation and use of trusted
onboarding solutions for IoT devices at scale. The WISeKey
contributions to the project will be Trust Services for credentials
and secure semiconductors to keep the credentials secure.
Specifically, WISeKey will offer INeS Certificate Management
Service (CMS) for issuing credentials and VaultIC secure
semiconductors to provide tamperproof key storage and cryptographic
acceleration.
About WISeKeyWISeKey (NASDAQ:
WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity
company currently deploying large-scale digital identity ecosystems
for people and objects using Blockchain, AI, and IoT respecting the
Human as the Fulcrum of the Internet. WISeKey microprocessors
secure the pervasive computing shaping today’s Internet of
Everything. WISeKey IoT has an installed base of over 1.6 billion
microchips in virtually all IoT sectors (connected cars, smart
cities, drones, agricultural sensors, anti-counterfeiting, smart
lighting, servers, computers, mobile phones, crypto tokens, etc.).
WISeKey is uniquely positioned to be at the leading edge of IoT as
our semiconductors produce a huge amount of Big Data that, when
analyzed with Artificial Intelligence (AI), can help industrial
applications predict the failure of their equipment before it
happens.Our technology is Trusted by the OISTE/WISeKey’s
Swiss-based cryptographic Root of Trust (“RoT”) provides secure
authentication and identification, in both physical and virtual
environments, for the Internet of Things, Blockchain, and
Artificial Intelligence. The WISeKey RoT serves as a common trust
anchor to ensure the integrity of online transactions among objects
and between objects and people. For more information,
visit www.wisekey.com.
Press and investor contacts
WISeKeyCompany Contact:Carlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey Investor Relations
(US)Contact:Lena CatiThe Equity Group
Inc.Tel: +1 212 836-9611lcati@equityny.com |
Disclaimer:This communication
expressly or implicitly contains certain forward-looking statements
concerning WISeKey International Holding Ltd and its business. Such
statements involve certain known and unknown risks, uncertainties
and other factors, which could cause the actual results, financial
condition, performance or achievements of WISeKey International
Holding Ltd to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. WISeKey International Holding Ltd is
providing this communication as of this date and does not undertake
to update any forward-looking statements contained herein as a
result of new information, future events or otherwise.
This press release does not constitute an offer
to sell, or a solicitation of an offer to buy, any securities, and
it does not constitute an offering prospectus within the meaning of
article 652a or article 1156 of the Swiss Code of Obligations or a
listing prospectus within the meaning of the listing rules of the
SIX Swiss Exchange. Investors must rely on their own evaluation of
WISeKey and its securities, including the merits and risks
involved. Nothing contained herein is or shall be relied on as, a
promise or representation as to the future performance of
WISeKey.
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