WISeKey Partners with Venafi on Post-Quantum Encryption Services
WISeKey (NASDAQ: WKEY) has partnered with Venafi to offer its Transport Layer Security (TLS) certificate services on the Venafi Marketplace. This collaboration aims to address the challenges posed by quantum computing to cryptographic systems, particularly TLS certificates. The partnership focuses on providing automated certificate rollout and crypto-agility capabilities.
The timing is important as quantum computers threaten to break widely used encryption algorithms. The partnership emphasizes the importance of post-quantum encryption (PQE) and crypto-agility in managing TLS certificates. Organizations need to update their certificate management tools to handle larger keys and new algorithms while ensuring compatibility with existing systems.
WISeKey (NASDAQ: WKEY) ha collaborato con Venafi per offrire i propri servizi di certificazione Transport Layer Security (TLS) nel Marketplace di Venafi. Questa collaborazione mira a affrontare le sfide poste dal calcolo quantistico ai sistemi crittografici, in particolare ai certificati TLS. L'alleanza si concentra sulla fornitura di implementazione automatizzata dei certificati e capacità di crypto-agility.
Il momento è cruciale poiché i computer quantistici minacciano di compromettere gli algoritmi di crittografia ampiamente utilizzati. La partnership sottolinea l'importanza della crittografia post-quantistica (PQE) e della crypto-agility nella gestione dei certificati TLS. Le organizzazioni devono aggiornare i propri strumenti di gestione dei certificati per gestire chiavi più grandi e nuovi algoritmi, assicurando nel contempo la compatibilità con i sistemi esistenti.
WISeKey (NASDAQ: WKEY) se ha asociado con Venafi para ofrecer sus servicios de certificados Transport Layer Security (TLS) en el Marketplace de Venafi. Esta colaboración tiene como objetivo abordar los desafíos que presenta la computación cuántica a los sistemas criptográficos, en particular a los certificados TLS. La asociación se centra en proporcionar despliegue automatizado de certificados y capacidades de crypto-agility.
El momento es importante ya que las computadoras cuánticas amenazan con romper algoritmos de cifrado ampliamente utilizados. La asociación enfatiza la importancia del cifrado post-cuántico (PQE) y la crypto-agility en la gestión de certificados TLS. Las organizaciones necesitan actualizar sus herramientas de gestión de certificados para manejar claves más grandes y nuevos algoritmos, al tiempo que aseguran la compatibilidad con los sistemas existentes.
WISeKey (NASDAQ: WKEY)는 Venafi와 협력하여 Venafi 마켓플레이스에서 전송 계층 보안(TLS) 인증서 서비스를 제공하고 있습니다. 이 협업은 양자 컴퓨팅이 암호 시스템, 특히 TLS 인증서에 미치는 문제를 해결하는 것을 목표로 하고 있습니다. 또한 이 파트너십은 자동화된 인증서 배포 및 암호적 유연성 기능 제공에 중점을 두고 있습니다.
양자 컴퓨터는 널리 사용되는 암호화 알고리즘을 깨뜨릴 위협이 있기 때문에 이 시점이 중요합니다. 이 파트너십은 TLS 인증서 관리에서 포스트 양자 암호화(PQE)와 암호적 유연성의 중요성을 강조합니다. 조직은 더 큰 키와 새로운 알고리즘을 처리하기 위해 인증서 관리 도구를 업데이트해야 하며, 기존 시스템과의 호환성을 보장해야 합니다.
WISeKey (NASDAQ: WKEY) s'est associé à Venafi pour offrir ses services de certificats Transport Layer Security (TLS) sur le marché de Venafi. Cette collaboration vise à relever les défis posés par l'informatique quantique pour les systèmes cryptographiques, en particulier pour les certificats TLS. Le partenariat se concentre sur la fourniture de déploiement automatisé de certificats et de capabilités de crypto-agilité.
Le moment est important, car les ordinateurs quantiques menacent de briser des algorithmes de chiffrement largement utilisés. Ce partenariat souligne l'importance de la cryptographie post-quantique (PQE) et de la crypto-agilité dans la gestion des certificats TLS. Les organisations doivent mettre à jour leurs outils de gestion des certificats pour gérer des clés plus grandes et de nouveaux algorithmes tout en garantissant la compatibilité avec les systèmes existants.
WISeKey (NASDAQ: WKEY) hat sich mit Venafi zusammengetan, um seine Transport Layer Security (TLS) Zertifikatsdienste im Venafi-Marktplatz anzubieten. Diese Zusammenarbeit zielt darauf ab, die Herausforderungen anzugehen, die die Quantencomputing für kryptografische Systeme, insbesondere für TLS-Zertifikate, mit sich bringt. Der Fokus der Partnerschaft liegt auf der Bereitstellung von automatisierten Zertifikatsbereitstellungen und Krypto-Agilität.
Der Zeitpunkt ist entscheidend, da Quantencomputer drohen, weit verbreitete Verschlüsselungsalgorithmen zu brechen. Die Partnerschaft betont die Bedeutung von post-quantum Verschlüsselung (PQE) und Krypto-Agilität im Management von TLS-Zertifikaten. Organisationen müssen ihre Zertifikatsmanagement-Tools aktualisieren, um größere Schlüssel und neue Algorithmen zu verwalten und gleichzeitig die Kompatibilität mit bestehenden Systemen zu gewährleisten.
- Partnership with Venafi, a market leader in machine identity security
- Offering of TLS certificate services on Venafi Marketplace
- Addressing critical challenges posed by quantum computing to cryptographic systems
- Providing automated certificate rollout and crypto-agility capabilities
- Increased computational resources required for post-quantum algorithms
- Potential latency increase due to larger keys in post-quantum algorithms
- Complexity in transitioning to post-quantum algorithms and managing interoperability
Insights
This partnership between WISeKey and Venafi is a strategic move in the face of emerging quantum computing threats. By integrating WISeKey's TLS services with Venafi's machine identity security platform, they're addressing a critical vulnerability in current cryptographic systems. The focus on post-quantum encryption (PQE) and crypto-agility is timely, as quantum computers could potentially break widely-used encryption algorithms.
The collaboration offers several key benefits:
- Enhanced security against quantum threats
- Automated certificate management
- Improved crypto-agility
The WISeKey-Venafi partnership signifies a proactive approach to the looming quantum threat. By offering PQE-ready TLS services through Venafi's marketplace, they're positioning themselves at the forefront of next-generation cybersecurity. This move could potentially accelerate industry-wide adoption of quantum-resistant technologies.
However, it's important to note that post-quantum algorithms are still in development. NIST's ongoing standardization process means that the landscape is evolving. Early adopters may face challenges as standards change, potentially requiring future updates or migrations. The emphasis on crypto-agility in their offering is a smart hedge against this uncertainty, allowing for flexibility as the field matures.
This partnership could significantly impact the cybersecurity market. As awareness of quantum threats grows, demand for PQE solutions is likely to surge. WISeKey and Venafi are positioning themselves to capture this emerging market. Their combined offering addresses a critical need for enterprises looking to future-proof their security infrastructure.
For investors, this move signals potential growth opportunities in the quantum-resistant cybersecurity sector. However, it's important to consider that widespread adoption may take time, as many organizations might wait for more mature standards before investing heavily. The success of this venture will largely depend on how quickly the threat of quantum computing materializes and how effectively WISeKey and Venafi can educate and onboard customers to these new technologies.
Zug, Switzerland, Aug. 14, 2024 (GLOBE NEWSWIRE) -- WISeKey International Holding Ltd. (“WISeKey” or the “Company”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity and IoT solutions operating as a holding company, announced today that it has partnered with Venafi, a market leader in machine identity security, to make its Transport Layer Security (TLS) certificate services available on the Venafi Marketplace. WISeKey TLS services, combined with the Venafi machine identity security platform, help customers navigate the challenges of quantum computing, offering crucial support in automated certificate rollout and implementation of crypto-agility capabilities. WISeKey services can now be accessed on the Venafi Marketplace at https://vu.fr/BdsLT.
Crucial Timing of Partnership
As quantum computing nears practical realization, the threat to cryptographic systems, particularly TLS certificates, demands urgent attention. Quantum computers can break widely used encryption algorithms, making post-quantum encryption (PQE) and crypto-agility critical.
TLS certificates are crucial for secure internet communications. Managing these certificates in a post-quantum world involves adapting issuance and lifecycle processes for post-quantum algorithms. Certificate Authorities (CAs) must develop processes for generating and validating post-quantum certificates.
Organizations need to update certificate management tools to handle larger keys and new algorithms, ensuring compatibility with existing systems. Effective monitoring of TLS certificates is essential for security, tracking expiration, detecting compromises, and ensuring compliance. Monitoring systems must adapt to post-quantum certificates and respond to new threats quickly.
Pedro Fuentes, Trust Services Manager of WISeKey, commented, “To remain secure, organizations must stay abreast of developments in quantum computing and post-quantum cryptography. Besides following standards bodies like NIST and participating in industry forums and working groups, it becomes crucial to engage security providers like Venafi and WISeKey that can seamlessly generate publicly-trusted TLS certificates.”
Kevin Bocek, Chief Innovation Officer of Venafi, shared, “Venafi is committed to providing customers with the largest connected ecosystem to futureproof success. Venafi is excited for WISeKey to integrate advanced TLS services with the Venafi Control Plane to give customers more flexibility today and agility to be secured against future threats.”
Read more about TLS and Post Quantum encryption on the Venafi Blog: https://venafi.com/blog/navigating-the-challenges-of-post-quantum-encryption-and-crypto-agility-in-tls-certificate-management/
Post-Quantum Encryption (PQE):
The challenge in PQE is selecting algorithms resistant to quantum attacks. The National Institute of Standards and Technology (NIST) is working to standardize such algorithms, but predicting their long-term effectiveness is difficult. Post-quantum algorithms require larger keys and more computational resources, leading to increased latency and higher demands on processing power and storage. Transitioning to these algorithms involves significant changes and managing interoperability between classical and post-quantum systems, requiring extensive testing and validation.
Crypto-agility:
Crypto-agility is the ability to switch cryptographic algorithms and keys with minimal disruption. Systems must be designed for flexibility, allowing automated key rotation and integration of new algorithms. This involves abstracting cryptographic operations for easy swapping without major system changes. Implementing automated updates for keys and algorithms is essential but complex, requiring robust monitoring and rollback mechanisms.
About Venafi
Venafi is the cybersecurity market leader in machine identity security. From the ground to the cloud, Venafi solutions manage and protect identities for all types of machines—from physical and IoT devices to software applications, APIs and containers. Venafi provides global visibility, lifecycle automation and actionable intelligence for all machine identity types and the security and reliability risks associated with them.
With more than 30 patents, Venafi delivers innovative machine identity security solutions for the world's most demanding, security-conscious organizations and government agencies, including the top five U.S. health insurers, top five U.S. airlines, top four payment card issuers and top four U.S. banks. As a leading provider of open source machine identity security solutions, Venafi is the creator of the open source cert-manager project, which is downloaded more than 1.5 million times a day. For more information, visit https://venafi.com/.
About WISeKey:
WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.
Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people.
For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.
Press and Investor Contacts:
| WISeKey International Holding Ltd Company Contact: Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.com | WISeKey Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +1 212 836-9612 / kmurphy@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 the Swiss Financial Services Act (“FinSA”), the FInSa's predecessor legislation or advertising within the meaning of the FinSA. 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.
FAQ
What is the main focus of WISeKey's partnership with Venafi announced on August 14, 2024?
How does the WISeKey (WKEY) and Venafi partnership address quantum computing threats?
What are the main challenges in implementing post-quantum encryption for TLS certificates?
How does crypto-agility benefit organizations using WISeKey (WKEY) services through the Venafi partnership?
