Quantum-resistant Password-Authenticated Key Exchange Partners. Enhancing banking security with quantum-resistant password-authenticated key exchange (PAKE) is a goal for BANKEX and several academic and financial organizations. The dangers of quantum computing to asymmetric cryptography, such as that found in key exchanges, is providing research and technology development opportunities to the corporate, financial, and academic worlds. BANKEX, a top financial technology company, Canada’s University of Waterloo, InfoSec Global, a growing cryptographic company with quantum computing interests, and evolutionQ, an organization founded to provide consultation in the move from quantum-vulnerable to quantum-safe systems, are partnering to tackle PAKE’s quantum vulnerability.
Reference is here at CNBCrypto…