ATON said on the 2nd that it made its first entry into the banking sector by supplying a post-quantum cryptography (PQC) solution for Suhyup Bank's internet banking project.
ATON is supplying PQC-based authentication and security solutions to Suhyup Bank's internet banking reconstruction project, expanding its business scope to banking after securities and virtual assets.
The project is being pursued by Suhyup Bank to strengthen digital finance competitiveness for corporate customers, and ATON will supply three products from its "QuantumSafe" lineup. The solution will be applied across corporate banking and personal banking, applying post-quantum cryptography technology to the entire span from authentication to transaction.
The QuantumSafe lineup is designed to counter quantum computer threats in financial security systems, based on algorithms approved by the National Institute of Standards and Technology (NIST), covering certificate issuance, electronic signatures, two-factor authentication, and private key protection.
ATON has supplied PQC solutions to securities firms such as Meritz Securities, Mirae Asset Securities, and Next Securities, as well as to virtual asset corporations such as Bithumb and Musicow, and with this supply it has secured references across all financial sectors.
ATON CEO Woo Gil-su said, "With this supply to Suhyup Bank as a turning point, we have established a bridgehead for entering the banking PQC market," adding, "We will expand our PQC business based on technology verified across all financial sectors."