ARQQW - Arqit warns CISOs why they must act now to secure their data ready for the post-quantum world | Benzinga
LONDON, May 09, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW)) (Arqit), a leader in quantum-safe encryption, today urges CISOs and security teams to urgently address their post-quantum technology strategies, as quantum computing advances rapidly. The risk of Store Now, Decrypt Later (SNDL) attacks underscores that the quantum threat is not a distant concern but an immediate security challenge demanding attention today.
Arqit's distinctive approach addresses the cost and complexity associated with quantum-safe migration strategies through its ground breaking Symmetric Key Agreement Platform (SKA Platform™). Mitigating the risks posed by SNDL attacks is paramount to safeguarding valuable long-term data. Failure to do so could result in a catastrophic breach of data privacy, threatening the secrecy of sensitive and classified information.
Further details may be found in the IDC Analysts Brief: "Securing Valuable and Durable Data in a Post-Quantum World", sponsored by Arqit
Securing Valuable and Durable Data in a Post-Quantum World (arqit.uk)
David Williams, Chairman and CEO of Arqit Limited said:
"Our cloud-based solution is designed for today's modern and evolving network environments. Protecting data transmission across diverse communication links and device types necessitates security that is easily deployable, scalable and integrates seamlessly into existing infrastructures without the need for additional hardware. By using well established cryptographic techniques grounded in quantum-resistant symmetric encryption methods, Arqit offers organisations a distinct pathway to transition seamlessly into the post-quantum era."
Notes to Editors
Arqit representatives will be attending RSA (6-9 May 2024) and will be available for interview. www.rsaconference.com/usa.
For more information about Arqit visit Arqit's website
IDC Analysts Brief: "Securing Valuable and Durable Data in a Post-Quantum World", published May 2024, document number IDC #EUR252099724
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets. ...