QuintessenceLabs

QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special Adviser

Retrieved on: 
Tuesday, February 13, 2024
Coles Group, SAN, Advisory board, Directorate, Audit, Intelligence, DIA, OODA, QuintessenceLabs, Defense, Government, National Gallery, Special adviser, ASD, Telstra, Council, Organization, Trustee, Telecommunications, Environment

CANBERRA, Australia and SAN JOSE, Calif., Feb. 13, 2024 /PRNewswire/ -- QuintessenceLabs, a pioneer and leader in enterprise-scale encryption orchestration, is proud to announce today that highly respected industry veteran Andy Penn has joined the company's global advisory team as Special Adviser. The addition of Mr Penn, alongside other appointments, brings heightened expertise that will contribute to furthering our market leadership in the increasingly critical domain of advanced encryption solutions.

Key Points: 
  • Andy has had an extensive career spanning over four decades across three industries – telecommunications and technology, financial services, and shipping.
  • QuintessenceLabs is at the forefront of helping solve this problem," said Penn.
  • Also joining the QuintessenceLabs team as US Federal Adviser, is Bob Gourley, co-founder of OODA LLC.
  • Gourley, with significant experience as both a client and consultant, will guide QuintessenceLabs in building key strategic partnerships in North America.

QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special Adviser

Retrieved on: 
Tuesday, February 13, 2024
Coles Group, SAN, Advisory board, Directorate, Audit, Intelligence, DIA, OODA, QuintessenceLabs, Defense, Government, National Gallery, Special adviser, ASD, Telstra, Council, Organization, Trustee, Telecommunications, Environment

CANBERRA, Australia and SAN JOSE, Calif., Feb. 13, 2024 /PRNewswire/ -- QuintessenceLabs, a pioneer and leader in enterprise-scale encryption orchestration, is proud to announce today that highly respected industry veteran Andy Penn has joined the company's global advisory team as Special Adviser. The addition of Mr Penn, alongside other appointments, brings heightened expertise that will contribute to furthering our market leadership in the increasingly critical domain of advanced encryption solutions.

Key Points: 
  • Andy has had an extensive career spanning over four decades across three industries – telecommunications and technology, financial services, and shipping.
  • QuintessenceLabs is at the forefront of helping solve this problem," said Penn.
  • Also joining the QuintessenceLabs team as US Federal Adviser, is Bob Gourley, co-founder of OODA LLC.
  • Gourley, with significant experience as both a client and consultant, will guide QuintessenceLabs in building key strategic partnerships in North America.

1touch.io and QuintessenceLabs Join Forces to Address Quantum Computing Security Challenges

Retrieved on: 
Tuesday, October 24, 2023
ECC, National Security Agency, PQC, NIST, Organizational founder, Organization, Conference, Cybersecurity and Infrastructure Security Agency, Quantum, QuintessenceLabs, Computer security, Diffie–Hellman key exchange, Partnership, Elusa inventa, RSA, ISV, CISA, NSA, Cryptocurrency

NEW YORK, Oct. 24, 2023 /PRNewswire/ -- 1touch.io, a pioneer in sensitive data intelligence, and QuintessenceLabs, renowned for its quantum-safe encryption, today announced a strategic Independent Software Vendor (ISV) partnership. The collaboration is set to strengthen enterprise defenses against the cryptographic threats posed by quantum computing.

Key Points: 
  • The collaboration is set to strengthen enterprise defenses against the cryptographic threats posed by quantum computing.
  • The advent of quantum computing has cast a shadow over traditional cryptographic algorithms, such as RSA, AES-128, ECC, and Diffie-Hellman, which have long been pillars in safeguarding sensitive data.
  • QuintessenceLabs amplifies this defense framework with quantum-resistant cryptographic algorithms, establishing a foundation for an efficient transition in the quantum era.
  • Stop by Booth #101 and learn how to strengthen enterprise defenses against the cryptographic threats posed by quantum computing.

Quantum Cryptography Market worth $3.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, April 26, 2023
Xchange, Crypto, Accountability Act, IBM, Communication, Health Insurance Portability and Accountability Act, Emergency, University, Engineering, HPE, ID Quantique, COVID-19, QNu Labs, MagiQ Technologies, Inc., Microsoft, Research, Perimeter Institute for Theoretical Physics, Quantum cryptography, QuintessenceLabs, ID, Computer, Government, Traction, Investment, Developed country, Risk, HIPAA, Physics, Institute for Quantum Computing, R, National Quantum Initiative Act, Quantum information science, NEC, Toshiba, Quantum

In the United States, the National Quantum Initiative Act was passed in 2018, which aims to accelerate the development of quantum technology, including quantum cryptography.

Key Points: 
  • In the United States, the National Quantum Initiative Act was passed in 2018, which aims to accelerate the development of quantum technology, including quantum cryptography.
  • Private companies such as IBM, Microsoft, and Google are also investing in quantum technology research, developing quantum computers and quantum communication networks.
  • The Perimeter Institute for Theoretical Physics and the Institute for Quantum Computing at the University of Waterloo are leading the way in quantum cryptography research in Canada.
  • The Canadian government has also invested in quantum technology research, including quantum cryptography, through the Quantum Computing Strategy.

Quantum Cryptography Market worth $3.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, April 26, 2023
Xchange, Crypto, Accountability Act, IBM, Communication, Health Insurance Portability and Accountability Act, Emergency, University, Engineering, HPE, ID Quantique, COVID-19, QNu Labs, MagiQ Technologies, Inc., Microsoft, Research, Perimeter Institute for Theoretical Physics, Quantum cryptography, QuintessenceLabs, ID, Computer, Government, Traction, Investment, Developed country, Risk, HIPAA, Physics, Institute for Quantum Computing, R, National Quantum Initiative Act, Quantum information science, NEC, Toshiba, Quantum

In the United States, the National Quantum Initiative Act was passed in 2018, which aims to accelerate the development of quantum technology, including quantum cryptography.

Key Points: 
  • In the United States, the National Quantum Initiative Act was passed in 2018, which aims to accelerate the development of quantum technology, including quantum cryptography.
  • Private companies such as IBM, Microsoft, and Google are also investing in quantum technology research, developing quantum computers and quantum communication networks.
  • The Perimeter Institute for Theoretical Physics and the Institute for Quantum Computing at the University of Waterloo are leading the way in quantum cryptography research in Canada.
  • The Canadian government has also invested in quantum technology research, including quantum cryptography, through the Quantum Computing Strategy.

QuintessenceLabs' qStream Entropy-as-a-Service (EaaS) Solution Delivers Truly Random Numbers for Encryption Keys

Retrieved on: 
Monday, April 24, 2023
Business development, Entropy, Overalls, Policy, QRNG, Cloud computing, Crime, QuintessenceLabs, SAN, Algorithm, RSAC, Physics, KMIP, Nightclub, Computer data storage

CANBERRA, Australia and SAN FRANCISCO, April 24, 2023 /PRNewswire/ -- QuintessenceLabs, a leader in the quantum cybersecurity industry, is showcasing its qStream™ Entropy-as-a-Service (EaaS) solution this week at RSAC.

Key Points: 
  • QuintessenceLabs' qStream™ quantum random number generator (QRNG) delivers numbers with full entropy at 1 Gbit/sec, providing both randomness and speed critical for maximum security.
  • The qStream QRNG uses quantum physics to create truly random numbers – as opposed to the pseudo-random number generators on the market today – making them virtually unhackable, even by quantum computers.
  • "When it comes to data security, the quality of random numbers has a significant impact on the success of encryption and overall security.
  • For more information on qStream quantum random number generator (QRNG) visit QuintessenceLabs at RSAC, Booth #355, Moscone Center, South Hall.

API3 Integrates QuintessenceLabs to Provide QRNG Service

Retrieved on: 
Tuesday, March 28, 2023
NFT, Entropy, DAPI, Business, QRNG, Cloud computing, Crime, RNG, Privacy, QuintessenceLabs, Non-fungible token, SAN, Dapp, Physics, Cryptocurrency

CANBERRA, Australia and SAN JOSE, Calif. , March 28, 2023 /PRNewswire/ -- QuintessenceLabs, an industry leader in quantum cybersecurity, announced today that API3, a provider of first-party data feed services such as decentralized application programming interfaces (dAPIs), has selected QuintessenceLabs' qStream(™) Entropy-as-a-Service (EaaS) solution to provide truly random numbers for API3 QRNG, a public good quantum RNG service for smart contracts.

Key Points: 
  • CANBERRA, Australia and SAN JOSE, Calif. , March 28, 2023 /PRNewswire/ -- QuintessenceLabs , an industry leader in quantum cybersecurity, announced today that API3, a provider of first-party data feed services such as decentralized application programming interfaces (dAPIs), has selected QuintessenceLabs' qStream(™) Entropy-as-a-Service (EaaS) solution to provide truly random numbers for API3 QRNG, a public good quantum RNG service for smart contracts.
  • Through the deployment of Airnode, API3 will provide the output of qStream as a public good, providing developers on 19 blockchains with QRNG.
  • The qStream service will provide Web3 developers with access to modern encryption that cannot be compromised.
  • By using our qStream entropy as a service, API3 is giving its customers unparalleled security, while enjoying the convenience of accessing QRNG as a service."

IQT Research Predicts QRNG Market Will Reach $1.2 Billion by 2028 and Become the First "Mass Market" Quantum Device

Retrieved on: 
Wednesday, December 14, 2022
Xchange, QKD, Car, Industrial internet of things, PQC, Environment, Automation, EYL, Research, Research report, QRNG, IQT, KETS, Worldwide, Toshiba, Internet, ID Quantique, The Hague, Technology assessment, Industrial, News, Entropy, Hacking, Ali Baba, DRDO, Electronics, Forecasting, Gambling, IOT, QuintessenceLabs, Organization, Microscope, Cloud computing

NEW YORK, Dec. 14, 2022 /PRNewswire/ -- Inside Quantum Technology Research expects the QRNG market to grow from $1.2 billion market in 2028, reaching $4.4 billion by 2032.

Key Points: 
  • NEW YORK, Dec. 14, 2022 /PRNewswire/ -- Inside Quantum Technology Research expects the QRNG market to grow from $1.2 billion market in 2028, reaching $4.4 billion by 2032.
  • This is one of the findings of IQT Research's new report "Quantum Random Number Generators: Market and Technology Assessment 2023-2032."
  • IQT Research also says that QRNGs will become the first "mass market" quantum device.
  • Much of this market growth will derive from the need for enhanced security in the Internet-of-Things (IoT) and automotive market.

Top 10 Retailer Chooses QuintessenceLabs for Quantum Encryption Advanced Data Security

Retrieved on: 
Tuesday, December 6, 2022
QuintessenceLabs, Oracle, Payment card industry, HP, IBM, PCI, KMIP, TSF, NetApp, Policy, Key management, RSA, Organization, SAN, Trust (social science), Risk, Online shopping, Cryptocurrency

CANBERRA, Australia and SAN JOSE, Calif., Dec. 6, 2022 /PRNewswire/ -- QuintessenceLabs, an industry leader in quantum cybersecurity, announced today that one of the leading home retailers has migrated from RSA DPM to the QuintessenceLabs' Trusted Security Foundation® (TSF®) key and policy manager to ensure the security of its transactional data. This capability will enable the retailer to achieve Payment Card Industry (PCI) compliance while preparing it for the age of quantum computer-based threats.

Key Points: 
  • This capability will enable the retailer to achieve Payment Card Industry (PCI) compliance while preparing it for the age of quantum computer-based threats.
  • QuintessenceLabs' TSF key and policy manager delivers secure, centralized, and highly interoperable key and policy management across any organization.
  • "Encryption key management is one of the biggest challenges in post-quantum data security, and as a result transactional data is at risk due to 'harvest now, decrypt later' attacks," said CRO Silvio Pappalardo for QuintessenceLabs.
  • More information on QuintessenceLabs' Trusted Security Foundation (TSF ) key and policy manager can be found at: https://www.quintessencelabs.com/
    QuintessenceLabs is a global leader in post-quantum cybersecurity.

QuintessenceLabs to Showcase Quantum Key Distribution Solution at Quantum World Congress

Retrieved on: 
Wednesday, November 30, 2022
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CANBERRA, Australia and SAN JOSE, Calif., Nov. 30, 2022 /PRNewswire/ -- QuintessenceLabs, a leader in the quantum cybersecurity industry, announced today at Quantum World Congress that its qOptica™ Quantum Key Distribution (QKD) solution offers enhanced key enabling technology to help improve security against harmful cyber-attacks such as "harvest now, decrypt later" (HNDL) threats where proprietary data is stolen now with the intent of decrypting it later with quantum technology. The second generation of qOptica QKD provides superior protection, while securely delivering key material that is immune to brute force and algorithmic attacks by conventional or quantum computers.

Key Points: 
  • CANBERRA, Australia and SAN JOSE, Calif., Nov. 30, 2022 /PRNewswire/ -- QuintessenceLabs, a leader in the quantum cybersecurity industry, announced today at Quantum World Congress that its qOptica Quantum Key Distribution (QKD) solution offers enhanced key enabling technology to help improve security against harmful cyber-attacks such as"harvest now, decrypt later" (HNDL) threats where proprietary data is stolen now with the intent of decrypting it later with quantum technology.
  • QuintessenceLabs' qOptica QKD uses Continuous Variable Quantum Key Distribution (CV-QKD) to achieve secure key distribution.
  • "QuintessenceLabs' qOptica quantum key distribution technology delivers a superior path forward in terms of cost and performance, which are two key factors as we move our industry forward during an important time for quantum technology and security in general."
  • For more information on qOptica quantum key distribution visit QuintessenceLabs at booth #110.