Join Our Mailing List
Sunday June 04, 2023
Bitcoin (BTC) $27,052.25   Ethereum (ETH) $1,892.96
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Security

Unbound Tech gains FIPS 140-2 certification for software-only MPC cryptographic module

Published by CryptoNinjas.net
05/13/2019
Unbound Tech gains FIPS 140-2 certification for software-only MPC cryptographic module

Unbound Tech, a provider of software-defined cryptography, today announced an industry first with the news that Unbound Key Control, a virtual HSM and key management solution, received FIPS 140-2 Level 1 and Level 2 certification from the U.S. National Institute for Standards and Technology (NIST).

A landmark achievement, Unbound is the first and only vendor to obtain FIPS 140-2 certification for a cryptographic module that spans multiple separate machines and uses secure multiparty computation (MPC) rather than relying on physical security measures to protect keys. Organizations now have the assurance that Unbound’s platform meets NIST’s strict security standard that was previously only issued to modules in which keys are stored and key operations are performed in a single machine, hence the keys stand as a single point of compromise.

“Several Fortune 500 enterprises with some of the industry’s strictest security and privacy requirements have already deployed Unbound’s transformational software-only solution, illustrating consistent market confidence alongside this ground-breaking FIPS 140-2 certification,” said Prof. Yehuda Lindell, CEO at Unbound Tech. “Additionally, the company was recently named in five Gartner Hype Cycle Reports, further reinforcing the promise of our MPC-based solution. Unbound is proud to be leading this major innovation in applied cryptography.”

Unbound Key Control enables a new model of trust built upon multiple entities rather than entrusting key protection to a single machine. Keys are split into random shares placed on separate, highly segregated machines and never exist in complete form throughout the key lifecycle – not even when generated or while in use. It is guaranteed mathematically that unless all machines are breached essentially simultaneously, the keys cannot be compromised.

By removing the inherent vulnerability of keys as a single point of compromise, Unbound helps organizations:
  • Adopt an agile, elastic and automated software-defined cryptography approach with a pure-software solution that provides proven key protection from both physical and software-based attacks, while running on any existing physical or virtual infrastructure.
  • Achieve new levels of security and control by splitting keys among multiple entities, for example, a CYOK (Control Your Own Key) model for cloud cryptographic keys – splitting keys between the cloud service provider and an enterprise-controlled server.
  • Unleash innovation opportunities by addressing both security and practical implementation requirements for modern advanced cryptographic applications, such as code signing, and cryptocurrency and blockchain key management.
107
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Sovos and Unbound Tech partner to offer tax compliance platform for crypto transactions

06/24/2020
Sovos and Unbound Tech partner to offer tax compliance platform for crypto transactions

Sovos, a tax software company and Unbound Tech, a provider in cryptographic key management and protection, today announced a partnership to enable institutions trading or holding digital assets and cryptocurrency an advanced platform to...

Read more

Unbound Tech developing custom MPC service for crypto-asset startup KeyFi

02/05/2020
Unbound Tech developing custom MPC service for crypto-asset startup KeyFi

Unbound Tech, a leader in cryptographic key management and protection, today announced that it has entered into a strategic partnership with crypto-asset security startup KeyFi to develop specialized software and services using secure multi-party...

Read more

The MPC Alliance forms to elevate security and privacy of blockchain services

11/13/2019
The MPC Alliance forms to elevate security and privacy of blockchain services

Developers and practitioners of Multiparty Computation (MPC), announced today the formation of The MPC Alliance, an association of parties with a shared interest in improving the security and privacy of our personal and professional...

Read more

Unbound Tech to further verify the security of its virtual HSM with Cryptosense

11/06/2019
Unbound Tech teams with Cryptosense to verify security of virtual HSM - CryptoNinjas

Software-defined cryptography provider Unbound Tech, announced today a partnership with Cryptosense, a supplier of security analysis software for cryptography. In order to further verify the security of its virtual HSM. Unbound Tech will leverage...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
Quant Network blockchain integrates Constellation for IoT interoperability

Quant Network blockchain integrates Constellation for IoT interoperability

12/03/2019
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy