The Shorts | 7/20/21 | Cybersecurity and Cryptography in Quantum Computing

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The rate at which quantum computing is hitting the media stream is ever-increasing. This piece is a collection of articles and reports covering various aspects of quantum computing from the lens of cybersecurity and cryptography. Mea Cubitt

Funding Pours Into Cybersecurity As Mid-Year 2021 Numbers Eclipse Last Year’s Total | While global funding to startups has exploded this year, cybersecurity seems to be riding its own wave. Only halfway through the year, 2021 already has surpassed the record-breaking $7.8 billion raised by security companies last year.  Source: Crunchbase.   Funding Pours Into Cybersecurity As Mid-Year 2021 Numbers Eclipse Last Year’s Total…

Seizing Cryptocurrency: How is Law Enforcement Tracing and Recovering Bitcoin Payments? | On May 7, 2021, Colonial Pipeline announced it was the victim of a cyberattack, and it had proactively halted all pipeline operations. It rapidly emerged that this was a ransomware attack by the Russia-based DarkSide gang or one of its affiliates, and that it was an attack against the U.S. infrastructure.  Source: SECURITY WEEK.   Seizing Cryptocurrency: How is Law Enforcement Tracing and Recovering Bitcoin Payments? 

Card industry braces for security threats from quantum computing | And an increasing number of firms are investing in quantum computing, reports IDC, adding the companies that are investing more than 17% of their IT budgets on quantum computing will nearly triple in the next two years. Among those investing in quantum, 20% are already using it and 66% will begin using it in the next two years. The use cases most cited are accelerated business development and artificially intelligence enhancement.  Source: AMERICAN BANKER.   Card industry braces for security threats from quantum computing…

Quantum Xchange Strengthens Priseda’s National Private Network for Resiliency with Advanced Quantum Security | The Priseda backup and recovery network is used by leading systems integrators, commercial businesses, and government agencies to ensure mission-critical data is continuously protected against natural disaster, cyberattacks, or other business disruptions. Quantum Xchange will provide a quantum-safe encryption architecture to secure the Priseda Network, and the data communications of its clients, with the strongest form of encryption available.  Source: TMCnet.com.   Quantum Xchange Strengthens Priseda’s National Private Network for Resiliency with Advanced Quantum Security…

The Future of Data Encryption: What You Need to Know Now | Given enough computing power, however, a sophisticated adversary could crack an encryption code. So, encryption involves a kind of arms race. As processors become more powerful — following Moore’s law, roughly doubling in transistor density about every two years — adversaries have a greater chance of breaking encryption keys. To stay ahead, the high-tech industry works to develop ever more advanced encryption algorithms and increase encryption key sizes.  Source: FedTech.   The Future of Data Encryption: What You Need to Know Now…

UTSA marks progress of School of Data Science and National Security Collaboration Center Building with beam signing | Today, UTSA marked a major milestone of the construction of its School of Data Science (SDS) and National Security Collaboration Center (NSCC) Building. University leaders and supporters of the project signed the last beam before it was placed in the frame of the building.   Source: UTSA Today.   UTSA marks progress of School of Data Science and National Security Collaboration Center Building with beam signing…

Quantum Xchange Strengthens Priseda’s National Private Network for Resiliency with Advanced Quantum Security | Quantum Xchange, a leading provider of quantum-safe solutions, partnered with Priseda, the private and secure data company, to bring its groundbreaking Phio Trusted Xchange (TX) key delivery system to the Priseda Private Digital Network – a fully managed, national private network built for client resiliency. The strategic partnership makes Priseda one of the first managed services providers to offer quantum-safe security solutions as part of its offering.  Source: I N S I D E R .   Quantum Xchange Strengthens Priseda’s National Private Network for Resiliency with Advanced Quantum Security…

Code-X Introduces First Commercially Available Lattice-Based Data Protection Platform Validated by the United States Department of Defense | Code-X today emerged from stealth to launch the first-ever commercially available lattice-based data protection platform validated by the United States Department of Defense (U.S. DOD) and intelligence community. The Code-X platform was recently tested under extreme conditions by the U.S. DOD and members of the intelligence community and both validated its ability to protect sensitive information and critical systems across multiple environments simultaneously. The U.S. DOD testing also validated that the Code-X platform increases packet management, network throughput, storage redundancy and continuity while reducing overall processing requirements.  Source: businesswire.   Code-X Introduces First Commercially Available Lattice-Based Data Protection Platform Validated by the United States Department of Defense…

ALIBABA’S KEY TO CRYPTOSECURITY IS ITS OWN QUANTUM PLATFORM | Like all hyperscalers, Alibaba has been carving its own path through the early quantum computing landscape, starting with a cloud-based service rooted in their own 11-qubit quantum system along with simulators, including one 32-qubit that is available as a service with demonstration of a 64-qubit simulator via work with the Chinese Academy of Sciences.  Source: THE NEXT PLATFROM.   ALIBABA’S KEY TO CRYPTOSECURITY IS ITS OWN QUANTUM PLATFORM…

Quantum Xchange stregthens Priseda’s National Private Network for Resiliency with Advanced Quatnum Security | Quantum Xchange, a leading provider of quantum-safe solutions, partnered with Priseda, the private and secure data company, to bring its groundbreaking Phio Trusted Xchange (TX) key delivery system to the Priseda Private Digital Network – a fully managed, national private network built for client resiliency. The strategic partnership makes Priseda one of the first managed services providers to offer quantum-safe security solutions as part of its offering.  Source: QUANTUMXCHANGE.   Quantum Xchange stregthens Priseda’s National Private Network for Resiliency with Advanced Quatnum Security…

The Future of Data Encryption: What You Need to Know Now | Given enough computing power, however, a sophisticated adversary could crack an encryption code. So, encryption involves a kind of arms race. As processors become more powerful — following Moore’s law, roughly doubling in transistor density about every two years — adversaries have a greater chance of breaking encryption keys. To stay ahead, the high-tech industry works to develop ever more advanced encryption algorithms and increase encryption key sizes.  Source: FedTech.   The Future of Data Encryption: What You Need to Know Now…

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At The Qubit Report, our mission is to promote knowledge and opinion of quantum computing from the casual reader to the scientifically astute.  Because Quantum is Coming.

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