IDEMIA Secure Transactions Unveils a Groundbreaking Crypto Agility Solution for Post-Quantum

Press Release April 23, 2024

IDEMIA Secure Transactions (IST) once again demonstrates its post-quantum leadership, announcing today the first crypto-agility solution that will 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.

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-standardized algorithms, is 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, capitalizing on more flexible and efficient methods for addressing security flaws.

IDEMIA Secure Transactions, a key player in the post-quantum cryptography ecosystem

This solution relies on IDEMIA Secure Transactions’ expertise 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.