Published 29 Aug.2024 10:19(KST)
Updated 29 Aug.2024 10:33(KST)
ICTK, a 'next-generation security fabless company,' announced on the 29th that it has been finally selected as a participating company in the 'Small and Medium Business Technology Innovation Development Project' hosted by the Ministry of SMEs and Startups.
With the purpose of enhancing technology competitiveness led by the private sector and fostering innovative small and medium enterprises, ICTK will receive support for technology development costs for two years. ICTK will begin the development of a domestically produced PCIe HSM based on PUF (Physically Unclonable Function) equipped with a post-quantum cryptography algorithm (PQC). The company plans to develop a competitive domestic solution for both domestic and international markets.
PCIe is a computer bus standard for high-speed data transmission, responsible for communication between various computer components. HSM is a dedicated hardware device that generates, stores, manages, and protects cryptographic keys, playing a crucial role in security infrastructure.
PCIe-based HSM is a high-performance cryptographic management solution that can be easily integrated into servers through a high-speed PCIe interface, enabling efficient construction and operation of security infrastructure. Currently, mainly foreign products are used. The development of domestic products is urgently needed. If domestic development succeeds, major demand sectors are expected to include banks and financial institutions, cloud service providers, government, and public institutions across various fields.
Lee Jung-won, CEO of ICTK, explained, "As the government recently announced support for development and investment in quantum computing and related fields, the demand for quantum cryptography communication technology is expected to continue increasing." He added, "ICTK will lead the quantum security market with domestic technology."
ICTK is a leading company moving fastest in the quantum security field. In July 2022, it already launched the security chip ‘G5’ equipped with a post-quantum cryptography algorithm (PQC). ICTK is a member of the Global Semiconductor Alliance (GSA), which includes global companies such as NVIDIA, Intel, ARM, Samsung, and SK Hynix, and leads technology by publishing technical white papers in the IoT security and IP divisions.
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