Increasing Demand for Security Drives Encryption Algorithms.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c57440) has announced the addition of the Frost & Sullivan report: Encryption Algorithms to their offering.

This Frost & Sullivan research service titled Encryption Algorithm discusses the popular encryption algorithms, assesses them, and provides strategic recommendations for technology evaluation. The technology evaluation is conducted by using a multi criteria decision-making tool called analytical hierarchy process. The study discusses several algorithms: symmetric, asymmetric, and hash algorithms. The major emphasis is on elliptic curve cryptography and RSA algorithm. Developments and research across the globe in companies and research bodies is profiled in this study.

The following technologies are covered in this research:

-Elliptic Curve Cryptography (ECC) - a complementary public-key algorithm

-Private encryption algorithms

-Public encryption algorithms

-Technology Overview

Increasing Demand for Security Drives Encryption Algorithm

As the sensitivity of information increases and as high-volume transactions attract the scene, there is a greater need to implement encryption in products. "These needs vary across application sectors depending on the nature of the transaction, synchronization required, and processing needed," according to the analyst of the study. "Governmental regulations and industry specific directives have been proposed all over the world to emphasize the need for secured data transmissions and security of existing data that is stored."

From a technology perspective, advanced encryption standard (AES) algorithms for symmetric ciphers are found to be efficient. For a 128-bit AES key protection, 3,072 bits of RSA or Diffie Hellman keys are required, which is considerably high (around three times more than what is currently being used). National Institute of Standards Technology (NIST) anticipates the need for greater security after 2010 and hence it would be essential to provide the same level of security as that of AES, which is a private key algorithm.

Growing Application Needs Combined with Ubiquitous Nature of Wireless Communication Act as Technology Accelerators

The need to provide the same level of security as AES is fueling NIST to have first-generation algorithms replaced by elliptic curves. Moreover, New European Schemes for Signatures, Integrity, and Encryption (NESSIE) has declared that to factor a 1,536-bit composite number, computational complexity that is approximately equivalent to that needed to do an exhaustive search of 80-bit key is required. The outcome of this declaration is that 1,024-bit RSA algorithm would not be able to provide long-term security. Such factors drive the need to develop algorithms that are more efficient.

Also, internationalization has forced the need to have a single policy and compliance measure that would prevent any data mismatch, transactions, and communications. The availability of Elliptic Curve Cryptography (ECC) coupled by the NIST directive is forcing people to implement ECC technology into their encryption products. Wireless communication has increased beyond imagination and carrying out a 1000 bit operation is impractical in these environments. "Researchers and developers are forced to utilize techniques that would provide security levels as required by applications beyond 2010 with fewer keys so that there is no demand on processing power on the device," explains the analyst. "As ECC provides the necessary security as compared to RSA, it is seeing significant interest among the cryptographer community."

Topics Covered

1. Executive Summary

-1. Overview

-2. Scope and Methodology

2. Variants of Encryption Algorithms and Application Domains

-1. Conceptual Overview of Encryption Algorithms

-2. Application Domains and Regulations

3. Strategic Assessment of Technology Adoption

-1. Strategic Assessment of Industry Environment

-2. Strategic Assessment of Competitive Environment

-3. Strategic Assessment of Remote Environment

4. Technology Analysis and Strategic Recommendations

-1. Technology Analysis

-2. AHP Model--Assessment of Trade-off and Evaluation of Priority

-3. Strategic Technology Roadmapping

5. Recent Research and Other Developments

-1. Developments in the Academic Sector

-2. Developments in the Corporate Sector

6. Directory of Patents; Glossary; and Key Contacts

-1. Patents and Glossary

-2. Key Contacts

7. Decision Support Database

-1. Decision Support Database Tables

List of Figures

For more information visit http://www.researchandmarkets.com/reports/c57440