It is demonstrated that for the entanglement-based version of the
Bennett-Brassard (BB84) quantum key distribution protocol, Alice and Bob share
provable entanglement if and only if the estimated qubit error rate is below
25% or above 75%. In view of the intimate relation between entanglement and
security, this result sheds also new light on the unconditional security of the
BB84 protocol in its original prepare-and-measure form. In particular, it
indicates that for small qubit error rates 25% is the ultimate upper security
bound for any prepare-and-measure BB84-type QKD protocol. On the contrary, for
qubit error rates between 25% and 75% we demonstrate that the correlations
shared between Alice and Bob can always be explained by separable states and
thus, no secret key can be distilled in this regime.Comment: New improved version. A minor mistake has been eliminate