IDEMIA Secure Transactions (IST) has announced the first crypto-agility solution that will enable service providers of secure products to future-proof their products.

IDEMIA states that the solution will be useful for brands such as banks and Fintechs, mobile network operators, IoT manufacturers and security providers to continually adapt to new threats in the post-quantum era.

A breakthrough in quantum threat management

The emergence of post-quantum cryptography has accelerated the need for agile solutions, capable of adapting to new threats in an ever-evolving ecosystem.

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

Crypto agility offers simplicity in operations, making it applicable to products in the field which have this functionality, such as smart meters, automobiles, payment cards, 5G and eSIM cards.

This adaptability directly onto existing products provides significant added value in terms of efficiency, cost-effectiveness, and compliance with regulatory changes, while ensuring total business continuity.

This IST solution, based on NIST-standardised algorithms, is claimed to be the first on the market to enable any company to guarantee long-term state-of-the-art security for both embedded chip products and digital solutions, capitalising on more flexible and efficient methods for addressing security flaws.

“As pioneers in the security industry, IDEMIA Secure Transactions is dedicated to leading the charge into the post-quantum era with our unparalleled expertise and innovative solutions,” said Marc Bertin, Chief Technology Officer at IDEMIA Secure Transactions. “We are extremely proud of this first-of-its-kind technological advancement, which will offer long-term state-of-the-art security for solutions used by millions of people every day.

“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.

The post-quantum cryptography ecosystem

In addition to providing the technical crypto-agility solution, IDEMIA has pledged to also provide accompanying services to leverage this technology.

To read more from IDEMIA, click here.