Benzinga | Jun 10, 2021 02:06PM EDT

WISeKey International, MINES Saint-Etienne Research Institute Forge R&D Partnership To Counter Quantum Computing Cyberattacks

* WISeKey International Holding Ltd (NASDAQ:WKEY) and MINES Saint-Etienne Research Institute have announced a joint R&D endeavor to help the international community find cryptography algorithms that will resist future quantum computing based cyber-attacks.

* They will jointly participate in the related U.S. National Institute of Standards and Technology (NIST) standardization program (NIST PQC) launched in 2016.

* Price action: WKEY shares traded lower by 4.51% at $8.26 on the last check Thursday.