WISeKey implements post-quantum algorithms in its secure environment

Implementation of WISeKey Post–Quantum Aalgorithms in his MS6001/MS6003 Secure Semiconductors

Geneva – August 9, 2022 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, AI, Blockchain and IoT, announces substantial progress in the implementation of post-quantum algorithms in its MS6001/MS6003 secure semiconductors.

Over the past two years, WISeKey has made substantial progress in the development of post-quantum resilient algorithms by establishing strategic R&D partnerships with the Institut de Recherche MINES Saint-Etienne (“MINES Saint-Etienne”), a university and an internationally renowned multidisciplinary laboratory established in 1816, aiming to help the international community find cryptography algorithms that will resist future cyberattacks based on quantum computing.

WISeKey’s expert team works with several NIST candidates for MS600X Common Criteria products: Crystals-Kyber for the key exchange mechanism and Crystals-Dilithium for signatures. The partnership focuses on the practical aspects of implementing the two algorithms, taking into account the physical side-channel attack and the deep learning process. This work completes the implementation of the NTRU and ROLLO algorithms that the team has already studied, paving the way for a complete post-quantum cryptography toolkit.

This post-quantum cryptography toolkit will help protect against the security threat posed by quantum computers, enabling hybrid solutions no later than 2025 as recommended by ANSSI. In addition to this, WISeKey will upgrade its PKI offering, adding new post-quantum features for the IoT market: secure authentication, brand protection, network communications, future FIDO (“Fast IDentity Online”) evolutions and other smart devices typically connected to the web. who obtain, analyze and process the data collected from their environment.

WISeKey is also working with NIST to define best practices for performing reliable network layer integration, which will make it easier to implement and use reliable integration solutions for large-scale IoT devices. WISeKey’s contribution to the project will consist of credential trust services and secure semiconductors to ensure credential security. Specifically, WISeKey will offer INeS Certificate Management Service (CMS) for credential issuance and VaultIC secure semiconductors to provide tamper-proof key storage and cryptographic acceleration.

While quantum computing offers endless prospects for increasing computing power incredibly, hackers will take advantage of this technology to crack cryptography algorithms, corrupt cybersecurity and compromise the global economy. Research on quantum computing, namely how to use quantum mechanical phenomena to perform rapid calculations, was initiated in the early 1980s. The prospects and incredible performance offered by this promising technology are so vast that many countries sponsor public/private R&D initiatives.

WISeKey brings its decades of expertise in the design of Common Criteria EAL5+ and FIPS 140-2 Level 3 certified hardware secure elements (MS600x secure microcontrollers, VaultIC™, etc.) and in the development of hacker-resistant firmware. New algorithms to be evaluated will first need to work practically on existing and new WISeKey hardware architectures. The Company will also share its expertise in deep learning AI techniques to prove the robustness of the implementations.

About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large-scale digital identity ecosystems for people and things using Blockchain, AI and the IoT by respecting the human being as the pivot of the Internet. WISeKey microprocessors secure the pervasive computing that shapes today’s Internet of Everything. WISeKey IoT has an installed base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, phones laptops, cryptographic tokens, etc.). WISeKey is uniquely positioned to be at the forefront of IoT, as our semiconductors produce an enormous amount of Big Data which, when analyzed with artificial intelligence (AI), can help industrial applications predict failure of their equipment before it occurs.

Our technology is endorsed by the Swiss-based cryptographic root of trust (“RoT”) of OISTE/WISeKey which provides secure authentication and identification, in 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 between objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:
WISeKey International Holding Ltd
Company Contact: Carlos Moreira
CEO
Tel: +41 22 594 3000
[email protected]
WISeKey Investor Relations (USA)
Contact: Lena Cati
Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements regarding 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 securities and does not constitute an offer prospectus within the meaning of article 652a or article 1156 of the French Code of Obligations. nor a listing prospectus. within the meaning of the listing rules of the SIX Swiss Exchange. Investors should rely on their own assessment of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is or should be taken as a promise or representation as to the future performance of WISeKey.

Sharon D. Cole