Job

Internship | The Business Case of Secure Multi-Party Computation

Location

Den Haag

Education type

university (wo)

Type

Internship and graduation project

Hours a week

Fulltime – 40

Interested?

Apply now

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What will you be doing?

Information exchange in modern societies are characterized by two conflicting needs. On one hand, sharing information is necessary to unlock the full potential of today’s data analysis algorithms, with companies and public authorities striving for increased collaboration. On the other hand, privacy preservation and confidentiality are becoming increasingly prominent.

Cryptography can play an important role in harmonizing these two conflicting needs. In particular, a set of advanced cryptographic tools known as Secure Multi-Party Computation (MPC) directly tackles the issue of obtaining valuable information from private inputs. More precisely, if two or more parties hold private input and they wish to jointly evaluate a function on these inputs, MPC allows them to cooperate and obtain the function output while nobody will learn anything more than his/her own private input and the output of the function. Thus valuable knowledge is extracted from the input data, and remains private.

While the concept of MPC dates back to the 1980s, MPC protocols have only recently become efficient enough to be implemented as proof-of-concepts and pilots [1,2]. As a result, the financial aspects of MPC have remained largely out of scope in most discussions. The question that arises with the maturing applicability of MPC protocols is whether it is possible to make a good business case for the MPC protocols. More specifically:

Do the costs of secure collaboration outweigh the benefits of joint analysis?

Together with our experts of the Strategic Business Analysis and the Cyber Security and Robustness departments, you will develop a model that can be used to analyze the financial costs and benefits of MPC applications. Additionally, you will test your model in real-life settings by analyzing a business case for one or more partners of TNO.

[1] https://arxiv.org/abs/1810.01107
[2] https://eprint.iacr.org/2018/917.pdf

What do we require of you?

  • A master's student in the last phase of a degree in Econometrics, Financial Engineering, Economics, or a related field.
  • Demonstrated experience in cost-benefit analyses and programming.
  • A strong interest in new ICT technologies.

What can you expect of your work situation?

During your time at TNO, you will be working among friendly and highly-motivated experts from the Strategic Business Analysis and Cyber Security and Robustness departments.

The Strategic Business Analaysis (SBA) department employs forty bright professionals who continuously seek to solve business and economic challenges. SBA offers strategic consultancy, develops new business models, and supports the implementation of innovations. In order to reach these goals, we rely on both qualitative and quantitative methods, and enjoy close cooperation with colleagues from our technical departments. SBA ensures that technological innovations succeed in the market and promotes the sustainable growth of companies.

The Department of Cyber Security and Robustness employs about forty-five professionals who combine a background in quantitative methods and modelling with knowledge of telecommunications, IT, and security. With our combined knowledge, we are able to predict, improve, and secure the IT services of our customers. Our ambition to be among the leading European positions in the associated research community is reflected in active participation in several national and international research programs.

Of course, your hard effort is alternated with participation in coffee breaks, lunch-eating during outdoor walks, and monthly drinks with colleagues from other departments.

What can TNO offer you?

You want to work on the precursor of your career, an internship provides you with the opportunity to take a good look at your prospective future employer. TNO also goes a step further. It’s not just looking that interests us, you and your knowledge are essential to our innovation. That’s why we attach a great deal of value to your personal and professional development. You will, of course, be properly supervised during your internship, and be given the scope for you to exceed yourself and your expectations. We also provide suitable compensation for internships. Click here to find more info about internships at TNO.

Has this vacancy sparked your interest?

Then please feel free to apply on this vacancy! For further questions don’t hesitate to contact us.


Contact: Pascal Wissink
Phone number: +31 (0)6-159 42867



Note that applications via email and third party applications are not taken into consideration.

Interested?

Apply now

Apply
Vacancies
Contact

Pascal Wissink MSc

  • Financial Analysis
  • Business Cases And Financial Modelling
  • Stochastic Optimization
  • Econometrics And Operational Research
  • Management Science
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