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IDEMIA Secure Transactions Launches its First Crypto-Agility Solution

CIO Insider Team | Tuesday, 23 April, 2024
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IDEMIA Secure Transactions (IST) launches its first crypto-agility solution to enable service providers of secure products such as banks and Fintechs, mobile network operators, IoT manufacturers and security providers, to future-proof the security of their products and to continually adapt to new threats in the post-quantum era.

Post-quantum cryptography has vigorously facilitated the need for agile solutions which can adapt to new threats in the ever-dynamic ecosystem.

Through Crypto agility suppliers can switch to newer, more secure cryptographic algorithms or protocols when older ones become obsolete, guaranteeing the quantum security of physical or digital products.

Crypto agility simplifies operations, making them applicable to products in fields that have this functionality like smart meters, automobiles, payment cards, 5G and eSIM cards.

Its ability to adapt enables existing products to provide significant added value over efficiency, cost-effectiveness, and compliance with regulatory changes, while ensuring total business continuity.

Our commitment lies not only in providing cutting-edge technology but also in accompanying our clients every step of the way as they navigate the evolving landscape of cybersecurity,” says Marc BERTIN, Chief Technology Officer at IDEMIA Secure Transactions.

The solution banks on the expertise of IDEMIA Secure Transactions in migration towards post-quantum technology and is in line with the Division’s longstanding commitment empowering clients with an unbeatable balance between high-level security and ease of use.

In addition to providing the technical crypto-agility solution, the company will also provide accompanying services to leverage this technology.

Based on NIST-standardized algorithms, the IST solution is the first on the market that enables any company to guarantee long-term state-of-art security for both embedded chip products and digital solutions, capitalizing on more flexible and efficient methods for addressing security flaws.

Our commitment lies not only in providing cutting-edge technology but also in accompanying our clients every step of the way as they navigate the evolving landscape of cybersecurity,” says Marc BERTIN, Chief Technology Officer at IDEMIA Secure Transactions.

With its 800 experts worldwide in research and development, IDEMIA Secure Transactions is at the leading edge of technology and a world leader in post-quantum cryptography. The company has long pioneered the development of post-quantum algorithms and, in 2022, became the first company to offer a quantum-resistant 5G SIM. Thanks to this expertise, its teams are helping in the creation of an industry standard for post-quantum technologies, and are actively contributing to working groups with the US National Institute of Standards and Technology (NIST).

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