Researchers from UC San Diego and France's Institute for Research in Computer Science (INRIA) successfully forged RSA signatures on a 1,024-bit key within a hardware security module (HSM) without extracting the private key. The attack, detailed in a paper submitted to the IACR Cryptology ePrint Archive on September 20, required approximately 4 billion signing requests and 1,380 CPU core-years of computation. By disabling the HSM's FIPS mode to allow signing of unformatted numbers, the team exploited an oracle vulnerability, effectively learning to replicate the device's stamping function through repeated queries.

The findings do not impact Bitcoin or Ethereum, which utilize elliptic-curve digital signature algorithms such as ECDSA rather than RSA. However, the demonstration serves as a stress test for institutional custody providers that rely on HSMs to safeguard keys. The authors note that standard modern RSA deployments use padding schemes like PKCS#1 v1.5 or PSS, which prevent this specific exploitable oracle, suggesting no immediate operational threat to most systems. The research highlights classical evidence supporting the transition away from RSA during the broader post-quantum cryptography migration, distinct from quantum threats to elliptic curves estimated to require 10,000 to 20,000 qubits.