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 PartnershipAs
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 MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey Investor Relations (US) The Equity
Group Inc.Lena CatiTel: +1 212 836-9611 / lcati@equityny.comKatie
MurphyTel: +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.
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