USA News Group
Commentary
Issued on behalf of Scope AI
Corp.
VANCOUVER, BC, Aug. 15,
2024 /CNW/ -- How we protect our data is set to
change. Cyber security experts are warning that enterprises must
assess their computing vulnerabilities now, with the rise of
quantum computing on the horizon, ending encryption as know it. In
response to this impending threat, the U.S. Department of
Commerce's National Institute of Standards and Technology
(NIST) released its principal set of encryption
algorithms designed to withstand cyberattacks from a quantum
computer. According to analysts at Markets and Markets the
Quantum Computing Market is set to explode at a CAGR of
32.7% through to a US$5.3
billion market by 2029, while Grand View Research
predicts the Quantum Cryptography Market to grow even faster with a
38.3% CAGR to hit US4.6 billion by 2030. Several tech developers
have embarked on a transition journey into what's known as
post-quantum cryptography (PQC), including developments from
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Alphabet
Inc. (NASDAQ: GOOG, GOOGL), Apple Inc. (NASDAQ: AAPL),
NVIDIA Corporation (NASDAQ: NVDA), and Zoom Video
Communications, Inc. (NASDAQ: ZM).
Quantum computing is advancing quickly and may become a
reality sooner than anticipated. At the recent Tech.eu
Summit in London, experts
explored the intersection of quantum computing with cybersecurity
and AI, highlighting the profound implications of this emerging
technology. According to PQShield CEO, Al El Kaafarani, 20% of the dominant
players in each industry are expected to begin migrating to
PQC this year.
In response to the demand for quantum-capable cybersecurity,
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has upgraded its
advanced flagship platform, GEM (General Enterprise Machine
Learning). Most recently, Scope announced the successful
global deployment of its latest core module that incorporates its
Quantum Resilient Entropy (QSE Technology), the QSE Quantum
Gateway.
The pivotal rollout delivers a significant milestone in
Scope's mission to position businesses worldwide with
cutting-edge quantum resilient entropy that drives security,
scalability, and growth. Scope states that the QSE Quantum
Gateway is designed to bridge the privacy and latency gap between
institutional clients and their cloud infrastructure, no matter
where their data centers are located.
Already, QSE Quantum Gateway has been deployed across multiple
countries in various industries, proving its versatility and
robustness in diverse business environments and complex
architectures.
"This global deployment marks a new chapter in our journey to
redefine the Entropy as a Service landscape," said Sean Prescott, Founder and CTO of Scope AI
Corp. "When we first envisioned the QSE Product Suite, our goal
was to create something that would not only meet the needs of
today's businesses and their security expectations but also
anticipate the challenges of tomorrow with the rise of Quantum
Computers. Seeing it come to life on a global scale is incredibly
fulfilling, and it strengthens our commitment to continue
innovating and pushing boundaries for our customers."
The deployment comes just after Scope AI
finalized the strategic acquisition of the QSE
Technology. The acquisition gave Scope the ability to offer
retail and institutional clients highly robust security solutions
that are easy to integrate into existing infrastructures or expand
upon. As quantum computing becomes more mainstream and advances
rapidly, traditional encryption methods may become obsolete, posing
significant risks to global data security.
"The quantum cryptography market is currently at
$11 billion for 2024, and is
projected to grow to $126 billion by
2033," said James Young, CEO of
Scope AI. "This tremendous growth highlights the increasing
demand for advanced quantum-resilient security solutions, and with
our acquisition of QSE Technology, Scope AI is
well-positioned to capitalize on this market. These new features,
combined with the substantial progress in our development
milestones, underscore our commitment to delivering
state-of-the-art AI solutions that drive efficiency and performance
in advertising technology."
Embedded within one of its recent updates to its Google
Chrome 124 browser for developers, Alphabet Inc.
(NASDAQ: GOOG, GOOGL) has incorporated X25519Kyber768 key
encapsulation for Transport Layer Security (TLS) protocol, which
protects current Chrome TLS traffic against quantum cryptoanalysis
by deploying the Kyber768 quantum-resistant key agreement
algorithm. However, early reviews of the update claimed that
Google's new post-quantum cryptography was causing some
issues, such as trouble connecting to websites, servers and
firewalls.
Through a public email, Google addressed the necessity
behind implementing quantum-resistant tools, despite the current
threat being minimal, stating: "This protects users' traffic from
so-called 'store now decrypt later' attacks, in which a future
quantum computer could decrypt encrypted traffic recorded
today."
Apple Inc. (NASDAQ: AAPL) has also recently upgraded its
encryption for its programming language Swift, called
"swift-homomorphic-encryption". The open-source package allows
computations on encrypted data without decryption, safeguarding
user information.
The Swift homomorphic encryption package utilizes the
Hummingbird HTTP framework for cross-platform support, a Benchmark
Library for performance evaluation, and Swift Crypto
for low-level cryptographic primitives. It employs the
Brakerski-Fan-Vercauteren (BFV) homomorphic encryption scheme to
provide post-quantum 128-bit security, enabling secure computation
on encrypted data while safeguarding against both classical and
potential quantum attacks.
Notably, Apple has showcased the package's application in
its iOS 18 Live Caller ID Lookup feature, which offers caller ID
and spam-blocking services. According to Apple, this feature
allows users to send an encrypted query to a server to retrieve
information about a phone number without the server knowing the
specific phone number in the request.
Video conferencing giant Zoom Video Communications, Inc.
(NASDAQ: ZM) is also preparing for a quantum computing future with
post-quantum encryption of its own. Zoom announced that
post-quantum end-to-end encryption (E2EE) is now globally available
for Zoom Workplace, specifically Zoom Meetings as of late
May 2024, with Zoom Phone and Zoom
Rooms also coming soon. The new security enhancement makes
Zoom the first UCaaS company to offer a post-quantum E2EE
solution for video conferencing.
"Since we launched end-to-end encryption for Zoom Meetings in
2020 and Zoom Phone in 2022, we have seen customers increasingly
use the feature, which demonstrates how important it is for us to
offer our customers a secure platform that meets their unique
needs," said Michael Adams, CISO of
Zoom. "With the launch of post-quantum E2EE, we are doubling
down on security and providing leading-edge features for users to
help protect their data. At Zoom, we continuously adapt as
the security threat landscape evolves, with the goal of keeping our
users protected."
Chipmaking giant NVIDIA Corporation (NASDAQ: NVDA)
recently teamed up with QuSecure to support
NVIDIA's cuPQC, a recently launched pioneering library set
to redefine cryptography in the quantum era. The library set
leverages unmatched parallelism of NVIDIA GPUs to meet the
rigorous demands of next-generation security algorithms, marking a
monumental leap in bringing PQC to environments that stand to
benefit most from their protection, including telecommunications,
insurance, banking and finance, critical infrastructure, and the
public sector.
"QuSecure is proud to collaborate with NVIDIA as
part of a vital alliance under the Linux Foundation, dedicated to
cultivating an open-source repository of post-quantum algorithms
and applications," said Rebecca
Krauthamer, Co-Founder and Chief Product Officer at
QuSecure. "NVIDIA's commitment to empowering
developers in the post-quantum cryptography domain with cuPQC now
accessible in an open beta release is particularly important in
this global effort, as cyberattacks on data and networks are
growing exponentially every year."
In groundbreaking benchmarks, cuPQC has already shown impressive
acceleration of Kyber, a leading candidate for quantum-resistant
keys, achieving speeds several times faster on an NVIDIA H100
Tensor Core GPU compared to traditional CPU benchmarks. The
upcoming NVIDIA Blackwell architecture GPUs are optimized
for the complex integer mathematics essential in cryptography and
are expected to enhance this acceleration further.
Article Source:
https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
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