Swiss security technology company Duokey develops encryption and key management products to safeguard the security of sensitive data in the cloud | One of the Top 100 Swiss Innovators
Image source: Duokey
Duokey, a Swiss security technology company, was founded in 2020. The company is committed to developing encryption and key management products. Based on multi - party computation technology, these products are specifically designed to provide key management and encryption services for various cloud environments. Even in the event of unauthorized access or data leakage, they can ensure a high level of security for sensitive data.
Duokey was founded by Nagib Aouini, who serves as the company's CEO. He holds a master's degree in computer science, applied mathematics, and cryptography from the University of Grenoble in France and has over 20 years of rich experience in the fields of digital identity and smart cards. He once served as the Chief Information Security Officer of AMINA Bank, one of the first licensed crypto - banks. Additionally, Nagib Aouini has collaborated with governments around the world on large - scale identification projects, including the biometric e - passport project of the French Ministry of the Interior and the CAC access card project of the US Department of Defense.
Image source: Challenges
The adoption and popularity of the cloud have greatly facilitated the lives of enterprises and individuals in the digital age. However, this has also brought ubiquitous data security threats. The likelihood of industrial equipment in the Internet of Things (IoT) industry being attacked is constantly increasing. In the automotive industry, vehicle safety, user privacy, and data integrity are at risk of being manipulated and stolen. The security of patient data in the medical field and financial information in the financial industry also faces significant challenges. Most cloud data breaches are caused by weak or stolen security credentials and misconfigured access security, which have brought huge losses to enterprises and individuals. However, many stakeholders are unable to fundamentally prevent malicious attacks because they do not understand the causes and dynamics of modern data breaches.
Image source: Duokey
Duokey has developed encryption and key management products with high security and privacy by applying multi - party computation technology. It provides double - layer protection for cloud data through dual - key encryption, ensuring users' ownership and control of keys, as well as the confidentiality and integrity of data, and eliminating the risk of data leakage.
Multi - party computation is based on cryptographic principles. It refers to the collaborative computation of a pre - agreed function by multiple parties without a trusted third - party. Each party can only obtain its own calculation result and cannot access the input and output data of other parties. Traditional encryption technology relies on a single key and entity storage, which has a relatively high risk of data leakage. In contrast, encryption technology based on multi - party computation splits the encryption key into multiple parts and securely distributes them to multiple independent servers. These servers collectively perform the computation, and no single party can fully view or access sensitive data, thus protecting the encryption key from theft or abuse.
Duokey uses multi - party computation to provide advanced key management and encryption services specifically for cloud environments such as Microsoft 365, Salesforce, Google, and AWS. Duokey breaks through the limitations of traditional keys by mathematically splitting the encryption key into multiple parts and storing them in secure locations in different geographical areas, ensuring that no single location holds the complete encryption key. At the same time, Duokey also provides full - lifecycle key management services from automatic key generation, rotation to secure archiving and destruction, effectively eliminating the risk of single - point intrusion and allowing users to always have full control over the encryption keys, ensuring a high level of security for sensitive data.
In Microsoft 365, one key of Duokey's key encryption product is stored by Microsoft in the Azure Key Vault, while the other key is exclusively managed by the user. DuoKey adopts zero - trust access control, which filters key access based on multiple conditions including IP address, geographical location, Azure Active Directory group, individual user, and device identity. It also provides enhanced multi - party computation to ensure security. The keys never exist in plain text, allowing users to safely migrate sensitive data to the Azure cloud. For database software such as Vault and SQL, and cloud service software such as Salesforce, AWS, and Servicenow, Duokey can also guarantee users' ownership and control of keys and ensure data security.
DuoKey's advanced encryption and distributed key management functions enable users to create and manage access permissions across the entire organization, giving them full control over their own data in all cloud environments. It can perform secure data processing and computation on encrypted data without exposure, enabling secure artificial intelligence computing and analysis, and achieving consistency in cross - jurisdiction and cross - cloud environment deployments to ensure data compliance.
Duokey's encryption and key management products can be applied in fields such as finance, healthcare, automotive, IoT, and artificial intelligence. In the finance and healthcare sectors, Duokey can securely process transaction and customer data, as well as research and patient data, meeting HIPAA compliance and data privacy requirements. In the automotive industry, Duokey can ensure the authentication of vehicle safety components throughout the vehicle's lifecycle and protect automotive systems from cyber threats. In the IoT industry, Duokey can provide automated PKI and certificate management, promptly patch and update firmware, and actively monitor IoT devices to ensure device security. In the field of artificial intelligence, Duokey can help enterprises conduct machine learning on encrypted sensitive data for the development and training of large models, as well as model deployment and cross - organizational collaboration.
Duokey is one of the companies listed in the "TOP 100 Swiss Startups" in 2024. The "TOP 100 Swiss Startups" brings together the best Swiss - made startups and growing technology innovation companies and is the most internationally influential benchmark list in the Swiss technology innovation field. Since 2011, this list has annually selected 100 of the most innovative Swiss companies with the greatest market potential and 25 Swiss growing companies with the most unicorn potential across the country, covering fields such as life sciences, engineering machinery, robotics, information and communication, low - carbon technology, and food technology. The "TOP 100 Swiss Startups" and its related brand activities are iconic events in the Swiss innovation ecosystem, representing the highest level of Swiss innovation and the forefront of international investment and financing.
The Chinese version of the "TOP 100 Swiss Startups" in 2024 was honorably released by Insight Tech. Insight Tech is the Chinese authorized partner of the "TOP 100 Swiss Startups" and is responsible for the operation and promotion of the list in China and assisting the list projects in business cooperation with China. As an operator of Sino - European (Swiss) technology innovation investment and industrialization, Insight Tech provides investment and financing, business development services, and conducts equity investment business for the bilateral cooperation between Swiss innovation and Chinese industries.
To obtain the complete list and industry lists of the "TOP 100 Swiss Startups" in 2024, please visit the official account or website of Insight Tech.