U+ and Cryptolab to Protect 5G/6G Networks Through PQC
Published2021.08.02 11:29The goal is to strengthen commercial network security, including 5G, and develop homomorphic encryption.
LG Uplus announced on the 1st that it will invest in cryptographic technology company Cryptolab and strengthen its communications network security. Cryptolab holds patents for quantum-resistant cryptography (PQC) and homomorphic encryption, which allows computations on original data while encrypted.
Cheon Jeong-hee, CEO of Crypto Lab [Photo = LG Uplus]
Quantum-resistant cryptography (QRC) is a technology requiring urgent commercial development, as quantum computers are expected to become widespread worldwide by 2030. RSA public-key cryptography, currently widely used across various industries, may be vulnerable to attacks by quantum computers. QRC, implemented in software and applicable across all communication networks, offers a broader range of applications than other quantum cryptography methods that British and American intelligence agencies have excluded from public sector use.
U+ plans to strengthen security by applying quantum-resistant cryptography across its commercial communications network. Furthermore, leveraging the scalability of quantum-resistant cryptography, the company plans to develop technology to implement quantum security systems not only for its wired network but also for mobile networks such as 5G and 6G.
The two companies plan to cooperate in commercializing the technology and obtaining security certification from national security agencies, with the aim of revitalizing the domestic and international quantum-resistant cryptography ecosystem. In addition, we plan to explore ways to commercialize 4th generation homomorphic encryption technology, which is considered an essential tool when utilizing big data.
“Lattice-based quantum-resistant cryptography, which boasts robust security based on mathematical challenges, will bring about a safer future with enhanced information protection when applied to various industrial fields as well as communication networks,” said Cheon Jeong-hee, CEO of Crypto Lab. “This collaboration will serve as the foundation for accelerating the development of quantum-resistant cryptography technology and enhancing national security competitiveness.”
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