Qrypt and Megaport debuted the ability to transmit data using quantum-secure methods powered by Qrypt quantum key generation technology.
Let’s pump the brakes on the quantum panic. Yes, these research findings are potentially a big deal for national security purposes.
From seatbelts to GDPR, any time new standards are introduced, their adoption naturally comes with a certain amount of industry upheaval—and that’s exactly what we’re now seeing with post-quantum cryptography (PQC).
QuSecure announced that its industry-leading PQC solution QuProtect™ won the 2022 CyberSecured Award, as announced in December by 1105 Media’s Security Today brand, the leading industry media brand providing technology, education and solutions for security professionals.
Quantum computing is a new and emerging technology that threatens to break the encryption algorithms used in cybersecurity. Currently, the world’s most advanced computers are not capable of deciphering the mathematical algorithms used to protect sensitive data and communications. It could take thousands or even millions of years before the current technology breaks encrypted data.
The migration to quantum-safe algorithms could take several years, and for some industries – like healthcare and financial services – the transition is already underway due to technology lifecycles and long-life data that has to remain secure.
Although quantum technologies are still in the early stages, exciting work is happening in Europe, where quantum tech provides secure communications on the ground. Groups led by the European Commission will extend them into space to develop complementary networks of distant nodes.
The quantum threat is existential, not just an impact to the bottom line and insurance paperwork. We have quantum security tools available today, but even those are insufficient against a state-level attack, just like airbags are meaningless against a hellfire missile shot from a predator drone.
Founder and CEO Bart Slowik created SylLab Systems, which is based on post-quantum cryptography to push peers into considering that exact future.
Forward-thinking banks are investigating advanced quantum computing technologies as a possible solution. QCI’s industry-leading Enropty Quantum Computing system and its application to machine learning processes have demonstrated the potential to improve fraud detection techniques through faster computation and increased accuracy.
