NTRU is a patented and open source public-key cryptosystem that uses lattice-based cryptography to encrypt and decrypt data. It consists of two algorithms: NTRUEncrypt, which is used for encryption, and NTRUSign, which is used for digital signatures. Unlike other popular public-key cryptosystems, it is resistant to attacks using Shor's algorithm and its performance has been shown to be significantly better.
The first version of the system, which was called NTRU, was developed in 1996 by mathematicians Jeffrey Hoffstein , Jill Pipher, and Joseph H. Silverman. That same year, the developers of NTRU joined with Daniel Lieman and founded the NTRU Cryptosystems, Inc., and were given a patent on the cryptosystem. In 2009, the company was acquired by Security Innovation, a software security company. In 2013, Damien Stehle and Ron Steinfeld created a provably secure version of NTRU which is being studied by a post quantum crypto group chartered by the European Commission.
In May 2016, Daniel Bernstein, Tanja Lange et al. released NTRU Prime, which adds defenses against potential attack to NTRU by eliminating worrisome algebraic structure.
At equivalent cryptographic strength, NTRU performs costly private key operations much faster than RSA does. The time of performing an RSA private operation increases as the cube of the key size, whereas that of an NTRU operation increases quadratically.
According to the Department of Electrical Engineering, University of Leuven, "[using] a modern GTX280 GPU, a throughput of up to 200 000 encryptions per second can be reached at a security level of 256 bits. Comparing this to a symmetric cipher (not a very common comparison), this is only around 20 times slower than a recent AES implementation."
Unlike RSA and Elliptic Curve Cryptography, NTRU is not known to be vulnerable to quantum computer based attacks. The National Institute of Standards and Technology wrote in a 2009 survey that "[there] are viable alternatives for both public key encryption and signatures that are not vulnerable to Shor’s Algorithm” and “[of] the various lattice based cryptographic schemes that have been developed, the NTRU family of cryptographic algorithms appears to be the most practical". The European Union's PQCRYPTO project (Horizon 2020 ICT-645622) is evaluating the provably secure Stehle–Steinfeld version of NTRU (not original NTRU algorithm itself) as a potential European standard. However the Stehle-Steinfeld version of NTRU is "significantly less efficient than the original scheme."