From the Fall 2024 Issue

Multi-Party Computation: A Double-Edged Sword for Cybersecurity

Alex Haynes
CISO | IBS Software

In the digital age, data is king, driving decisions, shaping experiences, and demanding robust security. However, collaboration often necessitates sharing this valuable asset, raising privacy concerns.

Multi-Party Computation (MPC), a cryptographic innovation, offers a solution. It empowers multiple parties to jointly analyze data while keeping their individual contributions confidential. Rooted in the foundational work of Andrew Yao’s 1980s paper, “Protocols for Secure Computations,” MPC protocols ensure only the computed result, not the underlying data, is revealed.

This paves the way for secure data collaboration in critical areas like cybersecurity, where information sharing is vital but privacy remains sacrosanct. This article delves into the world of MPC, exploring its fundamentals, applications, challenges, and the transformative potential it holds for the future of data security.

The Power of Collaboration: Unveiling the Benefits of MPC

MPC empowers multiple parties to jointly compute a function on their private inputs without disclosing the inputs themselves. Imagine two banks wanting to identify fraudulent transactions across their customer bases. Traditionally, they would need to share sensitive customer data, exposing it to potential breaches. MPC allows them to collaborate on fraud detection algorithms without revealing any individual customer information. Another use case that has evolved in the past few years with the advent of cryptocurrencies is the constant dilemma for crypto exchanges to manage the private keys for their crypto wallets. Today crypto exchanges either use hot storage, cold storage or hardware storage (or a combination of all three), but each has its own advantages and disadvantages. Crucially, if a single private key is compromised, then access to the wallet is achieved. MPC in this scenario helps secure the private key by ‘splitting’ it and forcing an attacker to compromise multiple hosts at the same time, not just a single one.

In cybersecurity specifically, other use cases emerge for MPC specifically:

  • Enhanced Threat Detection and Analysis: Security analysts can pool data from various sources (e.g., ISPs, security vendors) using MPC to identify emerging threats and analyze large-scale attack patterns. This collaborative analysis, without revealing individual data points, can significantly improve threat detection capabilities. Many companies today don’t like sharing their threat data publicly, and this includes actual breaches because they view this information as sensitive. MPC would allow vast sharing of pooled data across many industries and customers without compromising the actual source of that data.
  • Privacy-Preserving Forensics: Investigating cyberattacks often requires analyzing data from multiple sources. MPC allows law enforcement agencies and security firms to jointly analyze forensic data without compromising the privacy of individuals or organizations involved. Having to sift through gigabytes of raw logs which can contain anything from credentials to PII, having privacy preserved while sharing log analysis can be a boon to incident investigation and forensics.
  • Secure Machine Learning: Machine learning algorithms require vast amounts of data for training. MPC can be used to train models on distributed datasets across different organizations. This facilitates the development of more powerful security models while safeguarding sensitive data ownership and privacy.
  • Collaborative Threat Intelligence Sharing: Cybersecurity information sharing is crucial for effective defense. MPC allows organizations to share threat intelligence, such as indicators of compromise (IOCs), without revealing the underlying details of their internal security infrastructure.
  • Cryptographic Key Management: Multi-Party Computation (MPC) offers an alternative for the secure storage and management of cryptographic keys, which are crucial for protecting sensitive data. In traditional systems, cryptographic keys are often stored in a central location, making them vulnerable to theft or unauthorized access. MPC addresses this issue by distributing the storage of a cryptographic key across multiple parties. Each party holds only a fragment of the key, and the full key is never reconstructed in any single location. This distribution significantly enhances security because an attacker would need to compromise multiple parties simultaneously to reconstruct the key, a feat that is considerably more difficult than attacking a single centralized repository. Moreover, MPC enables operations on the keys without ever exposing the complete key to any of the participants or outside entities. For example, cryptographic operations like encryption, decryption, or digital signing can be performed through collaborative computation, where each party contributes their piece of the key in a way that the operation is completed without any party or observer learning the complete key. This method not only secures the key from external threats but also minimizes the risk of insider attacks. The ability of MPC to facilitate secure and distributed cryptographic operations makes it particularly valuable in environments where high security is paramount and where trust among parties may be limited.
  • Regulatory compliance: Yes, even regulatory compliance has a say here and MPC has a vast array of applications where anything must be kept private but must be shared as an input. This isn’t specific to cybersecurity specifically, but with GDPR and HIPAA as pervasive compliance frameworks, companies can leverage MPC to stay within the bounds of privacy in a tough regulatory environment.

Beyond these specific applications, MPC fosters a paradigm of privacy-preserving collaboration in cybersecurity. It empowers organizations to leverage the collective power of data for improved security while mitigating privacy concerns.

The Price of Security: Downsides and the Challenges of MPC

While MPC offers a compelling vision, it comes with its own set of challenges that need to be addressed for widespread adoption in cybersecurity:

  • Computational Overhead: MPC protocols often involve complex cryptographic operations, leading to significant computational overhead. This can be a bottleneck for real-time security applications that require fast processing.
  • Communication Bottlenecks: Secure multi-party computations often involve extensive communication between participating parties. This can be a challenge in scenarios with limited bandwidth or geographically dispersed participants.
  • Scalability Concerns: Existing MPC protocols can struggle with very large datasets or a high number of participating parties. As the volume and complexity of cyber threats grow, scalability becomes a critical consideration.
  • Immaturity of the Technology: MPC is a relatively young field, and the technology is still evolving. The available libraries and tools can be complex to implement and integrate into existing security infrastructure.
  • Standardization Issues: Standardization is crucial for widespread adoption of MPC. The lack of a universally accepted set of protocols can create interoperability challenges.
  • Quantum Computing: Although it will be a while before this is a legitimate security concern, this technology threatens to break traditional cryptographic methods, urging the development of quantum-resistant protocols in MPC. This will add further complexity and overhead to MPC protocols.

These challenges highlight the need for ongoing research and development in MPC to improve efficiency, scalability, and ease of use. As the technology matures, its role in cybersecurity will become even more significant.

The Road Ahead: A Future Secured by Collaboration

The potential of MPC to revolutionize cybersecurity collaboration is undeniable. By enabling secure and privacy-preserving data sharing, it facilitates the development of more powerful and comprehensive security solutions. However, overcoming the computational and communication bottlenecks, along with continuous development and standardization, are crucial for its widespread adoption.

Looking ahead, we can expect to see MPC integrated into various security applications, including:

  • Security Operations Centers (SOCs): Organizations can leverage MPC to build SOCs that aggregate threat intelligence from multiple cloud providers and customers without compromising sensitive data. This would be especially relevant in the case of Managed SOC’s
  • Privacy-Preserving Intrusion Detection Systems (IDSs): MPC-based IDSs can analyze network traffic across multiple organizations to detect sophisticated attacks without compromising individual network data.
  • Secure Data Marketplaces: MPC can facilitate the creation of secure data marketplaces where organizations can buy and sell anonymized threat intelligence or security analytics services.

In conclusion, MPC presents a unique opportunity to transform the way we approach cybersecurity. While it is not a nascent technology, it is a recent application in cryptographic terms. By enabling collaboration while safeguarding privacy, it paves the way for a more secure and robust digital future and also has many applications outside cybersecurity itself. It’s important to remember that MPC is only one part of a comprehensive security framework – its application does not guarantee security, in a similar vein to how encryption is only one part of a whole. By addressing the current challenges and fostering continued development, MPC can become a cornerstone of collaborative cybersecurity efforts, encouraging people and organizations to share data in an interconnected world without fear of having it compromised. lock

Alex Haynes

Leave a Comment