Key Exchange

Key Exchange Definition

A key exchange is a cryptographic process in which two parties create or share secret keys for use with an encryption algorithm. Its purpose is to ensure that only the intended parties obtain the keys, keeping protected data confidential. Before any secure communication begins, the parties agree on how the keys will be established. A key exchange may occur over the same channel as the communication itself (in-band) or over a separate, trusted channel (out-of-band).

How Key Exchange Works

  1. Agree on public setup information: Both sides begin by agreeing on public setup information, which can be shared openly because it doesn’t reveal sensitive data.
  2. Generate private secret values: Each side creates a random private value on its own device. This value remains secret and is never sent over the network.
  3. Compute public values: Using its private value, each side computes a corresponding public value. The math allows the public value to be created easily, but makes it extremely difficult to reverse it to recover the private value from it.
  4. Exchange public values: The public values are exchanged over the network. An attacker can see these values, but can’t check the private values behind them.
  5. Derive a shared secret independently: Each device combines its private value with the other party’s public value to arrive at the same shared secret. This happens independently on both sides, without exposing private data.
  6. Create encryption keys: The shared secret is processed into one or more encryption keys used to protect the session. These keys are typically unique.
  7. Encrypt further communication: All subsequent data is encrypted using the keys derived from the exchange.

Common Key Exchange Methods

Key exchange methods follow the same general idea but use different mathematical approaches and offer different levels of security and performance.

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FAQ

No. A key exchange and encryption serve different purposes. A key exchange establishes the secret key that both sides will use. Encryption uses that key to protect the actual data by scrambling it so unauthorized parties can’t read it. Put simply, key exchange sets up the secret, and encryption protects the communication that follows.

An attacker can see the public information being sent across the network during a key exchange, but that information doesn’t reveal the secret key. The private values stay on each device, and the underlying math makes it practically impossible to reconstruct the shared secret from public data alone. So, someone can watch the exchange, but they can’t figure out the shared key when the method is secure and set up correctly.

If an attacker gets the shared secret key, they can read or alter the data protected by it. The security of that session is essentially broken. Modern protocols limit the damage by using strong algorithms and short-lived keys, so a leaked key only affects a small amount of data.

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