Distributed symmetric key establishment (DSKE) does not rely on asymmetric cryptography which some experts say could be cracked within five years
Eurofiber announces a strategic partnership with Quantum Bridge, a pioneer in distributed symmetric key establishment (DSKE) technology, and Juniper Networks. “This collaboration makes quantum-safe communication solutions and expanded secure data transfer capabilities available for organizations across Eurofiber’s network,” according to the press statement.
Eurofiber says the steady increase in cyber threats and evolving global regulatory requirements are driving demand for quantum-safe encryption. Eurofiber is partnering Juniper Networks and Quantum Bridge to integrate “post-quantum cryptography” into its network infrastructure. The international operator claims this “partnership positions the companies at the forefront of the emerging quantum technology market, securing these networks from cyberattacks using a quantum computer by combining Juniper Networks’ SRX firewalls with Quantum Bridge’s DSKE technology”.
Quantum Bridge’s DSKE technology does not rely on asymmetric cryptography, which is a widely used part of today’s encryption and vulnerable to cyberattacks. It relies on DSKE which it describes as “unbreakable” and says it “seamlessly integrates with existing firewalls and infrastructure” so Eurofiber can offer scalable security to clients.
“Quantum computers capable of breaking today’s asymmetric encryption may be as little as five years away according to some experts,” said Melchior Aelmans, Chief Architect & Quantum Lead at Juniper Network.
“It is therefore vital to act now to protect sensitive data and networks. This is why, together with Eurofiber and Quantum Bridge, we have developed a simple and easy-to-implement system which works with existing network infrastructure, making it easy for government corporations and other key stakeholders to protect their systems.”
DSKE is used by financial institutions, enterprise clients and service providers because it automates the creation and distribution of symmetric keys, without relying on computational complexity or asymmetric encryption. DSKE combines the scalability of public key infrastructure (PKI), the security of quantum key distribution (QKD) and the simplicity of pre-shared keys.
Quantum-safe financial systems
Recently, Eurofiber showcased DSKE technology in a high-security environment at a meeting of central banks in Rome, where representatives from G7 countries discussed cryptographic risks associated with the advancement of quantum computing.
Eurofiber demonstrated how the Quantum Bridge’s DSKE technology, combined with Juniper Networks SRX firewalls, can play a leading role in securing the financial system from attacks by malicious actors using quantum computers.
“Our collaboration with Eurofiber and Juniper Networks represents a significant step forward in delivering quantum-safe communication solutions to a rapidly expanding pool of customers. By integrating our DSKE technology into Eurofiber’s infrastructure and Juniper’s SRX firewalls, we’re not just addressing current security needs but also preparing for the challenges of tomorrow’s digital landscape,” said Mattia Montagna, CEO of Quantum Bridge.