[Special Stock] Aton, Quantum Computers Neutralize Existing Encryption Systems... First Commercialization of Quantum-Resistant Solution Up

Fintech security company Aton is showing strong performance. The news that it has developed a new private authentication certificate solution applying the world’s first quantum-resistant encryption standard, the ‘Module Lattice-based Digital Signature Algorithm (ML-DSA),’ appears to be influencing its stock price.

Woo Gil-su, CEO of Aton, expressed concern, stating, "In the wake of the artificial intelligence (AI) revolution, quantum computers are expected to lead innovation, and with them comes a new level of threats anticipated in the financial industry." He added, "Since Aton is the first in the domestic financial sector to apply quantum-resistant encryption technology to private authentication certificates and prepare a commercial solution, we are now able to quickly seize the market."

As of 10:23 AM on the 4th, Aton’s stock is trading at 5,560 KRW, up 7.13% from the previous day.

Aton announced that it has completed the development of a next-generation private authentication solution applying quantum-resistant encryption technology. This is introduced as a preemptive response to emerging new threats highlighted in the upcoming quantum computing era. Through the new solution, Aton plans to actively target both the domestic financial private authentication certificate market and overseas markets. The new private authentication certificate solution will be officially launched in the first quarter of next year.

The new solution, succeeding Aton’s existing private authentication certificate solution ATON_mPKI, features the application of Aton’s white-box encryption technology to the quantum-resistant algorithm (PQC) certified by the U.S. National Institute of Standards and Technology (NIST). It provides top-level data security competitiveness, including secure execution and storage of the algorithm and personal key security, and can prevent attack attempts by quantum computers.

This is a preparation against concerns that quantum computing could undermine the security of existing public key cryptosystems. In particular, key settings and digital signature systems based on integer factorization and discrete logarithms are likely to be major targets of quantum computing threats. Given the high importance of data security in the financial industry, transitioning to a security system applying quantum-resistant algorithms (PQC) is an urgently needed area.

Aton is conducting pilot tests ahead of the official launch of the new solution in the first quarter of 2025 and is also establishing support plans for existing financial sector clients to transition to the new solution. It will vigorously expand solution supply in the domestic market, including existing clients, and actively pursue entry into overseas markets.

This content was produced with the assistance of AI translation services.