An authentication and mass subscriber management technique is provided by employing a key table derived as a subset of a larger key pool, a network edge device, and authentication tokens attached on both the network edge device and on a subscriber's computing device. The network edge device and subscriber's computing device are provided with secure, tamper-resistant network keys for encrypting all transactions across the wired/wireless segment between supplicant (subscriber) and authenticator (network edge device). In an embodiment of the invention, a secure, secret user key is shared between a number of subscribers based upon commonalities between serial numbers of those subscribers' tokens. In another embodiment of the invention, a unique session key is generated for each subscriber even though multiple subscribers connected to the same network connection point might have identical pre-stored secret keys.