Why Quantum-grade Cybersecurity Will Become the New Gold Standard

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Cybersecurity is one of the top reasons business leaders across the globe are losing sleep at night. And all signs indicate that the source of their worries isn’t going away anytime soon.

Recent reports suggest that cybercrime will inflict damages totalling $6 trillion globally in 2021. And that figure is set to increase to a massive $10.5 trillion annually by 2025. Meanwhile, the FBI reports that 2020 was the worst on record for victims of internet crime in the US.

Data Dilemmas

We all know that data is the lifeblood of our digital economy. But the value it creates is matched commensurately by the level of cyber-risk it introduces. The amount of data that’s stored in the cloud will skyrocket to a jaw-dropping 100 zettabytes by 2025, translating to roughly half of the world’s data. In 2015, that figure was just 25%.

These impressive statistics are music to the ears of cybercriminals, who are working quietly in the background to find ways to exploit the data explosion to advance their nefarious agendas. More data means more opportunities for them to interfere with, compromise, and even hijack business-as-usual activity.

Even more concerning are recent reports that threat actors are leveraging advances in quantum computing, such as quantum annealers, to crack encryption that’s currently used to ensure network security and the confidentiality of our internet data, banking transactions, and emails.

Of the many ways that currently exist to secure data in transit, very few could survive even seconds of a sophisticated quantum attack.

How do we respond to these critical and soon to be urgent issues? Is it realistic to believe that we can harden our cyber-defenses not only against today’s threats but also those looming ominously on the horizon?

At Quantropi, we believe that protecting against today’s most pressing cybersecurity threats as well as the inevitability of quantum computing attacks requires a radical shift in mindset. Approaches that only focus on keeping data untouchable are no longer fit-for-purpose. We can’t simply keep adding sandbags to the shore, hoping it will keep back a relentless incoming tide.

If the next generation of cyber-defense is to be truly impenetrable over the longer term, it must be quantum-grade. We need to leverage quantum mechanics principles to transform data in a way that makes it fundamentally uninterpretable and uncrackable.

We call this “using quantum against quantum.” And we know it’s the only way we will ever comprehensively and permanently secure data at rest and in transit from unauthorized access and exploitation.

How the Power of Quantum Mechanics Tips the Scales…

Of course, many people might argue that while such a solution sounds good on paper, it would most likely be prohibitively expensive, require new dark fiber infrastructure, or otherwise be unfit for real-world applications.

No so.

At Quantropi, so strong is our belief that quantum is destined to become the bedrock of cyber-resilience that we’ve built our business on it.

We’ve already proven that it’s possible to create technology that’s 100% compatible with existing communications networks. Our enterprise-grade solution works over unlimited distances on existing network infrastructure, even the wireless Internet – even as that infrastructure continues to evolve. So now, anyone who relies on data exchange can have confidence that their information is – and always will be – secure.

It’s the responsible and obvious response to the pervasive scourge of cybercrime: simple to adopt, cost-effective, easy to deploy, and scalable over the longer term.

… By Building on 3 Fundamental Cryptographic Prerequisites

The thinking behind our approach is anchored in these three fundamentals of cryptography:

· Trust – We establish trust between any two parties via quantum-secure asymmetric MASQ™ encryption

· Uncertainty – Our symmetric QEEP™ encryption technologies create uncertainty for attackers, rendering data uninterpretable forever

· Entropy – We distribute Strong Entropy Quantum Random (SEQUR™) numbers to create the strong keys that enable secure data communications

At Quantropi, we’re on a quest to become the standard for quantum secure communications, no matter what the future network or threat may be.

Would you like to join us on the ride?

Why not get in touch today to find out how we can help?

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Patricio Mariaca

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Eric Chan

Eric Chan a.k.a. EEPMON is a Crypto / Digital Artist with 15 years in the industry – and Quantropi’s Creative Emissary. His hybrid fractal/digital creations have been seen in fashion, comics to museums and has exhibited worldwide. EEPMON’s collaborations include Canada Goose, MARVEL, Snoopy, Microsoft Xbox, Canada Science & Technology Museum and was a TEDx performing artist. In 2018 he represented Canada on its first Creative Industries Trade Mission led by Canada’s Minister of Heritage and serves on the Canadian Museums Association‘s Board of Directors. At the same time, he is currently completing his Master of Information Technology – Digital Media at Carleton University. 

Christopher McKenzie

With his extensive experience in software development and strong analytical skills, Chris can handle the entire end-to-end software development life cycle. Prior to Quantropi, he served as Director of Product Development at Sphyrna Security, Inc., where he managed the delivery of security compliance automation and data diode appliance products, and as Commercial Software Development Manager at Cord3, Inc., where he managed the development of an advanced data access policy management product. Chris graduated from Computer Science at Algonquin College and the Ottawa School of Arts in 1998. Read less

Dafu Lou

Dafu is Quantropi’s Director of engineering. Prior to Quantropi, he served as a technical leader at Irdeto, a world-leading provider of digital platform security software, where he was responsible for white-box cryptography, cloaked CA secure core, and iOS/android application protection services, among others. Prior to Irdeto, Dafu served as a senior software engineer at SecureNex Systems, where he led the implementation of an SSL-VPN solution and ECC-based secure data storage & PKI. He earned his Ph.D. in electrical engineering from the University of Ottawa in 2009. Dafu is also a part-time professor, teaching VLSI, Cryptography and other subjects at uOttawa.

Pauline Arnold

As James Nguyen’s EA, Pauline Arnold brings more than 40 years of experience in complementary customer service and administrative roles. Prior to Quantropi, she served 20 years as Branch Manager and an assistant in investments, and over 20 years at Metropolitan Life Canada in various aspects of the insurance sector – assisting clients, management and colleagues to complete tasks, solve problems, address questions and achieve goals. She also worked part-time for Royal Lepage Performance for 5+ years as a receptionist & admin, and for 5 years was chair of the TKFG’s charity golf tournament.

Bond Vo

Bond Vo is the Business Analyst of Quantropi. Along with Quantropi, Bond has been dynamic in accordance with a fast and evolving startup environment and is responsible in a wide range of areas including market research, funding, and more involved in the controller roles to oversee day to day accounting operation as well as build financing models and budget to achieve company’s ultimate goals/objectives. Bond has applied best practices consistently and successfully supports equity, debt, and non-dilutive funding for Quantropi since joint the team. He earned a Bachelor of Commerce concentrated in Finance from Carleton University. Outside of his professional career, Bond also participated in volunteer for the Vietnamese Immigration Student Association (VISA) to help and support students as well as newcomers in Canada.

Tina Wang

Tina develops websites and participates in a range of different projects, using new frameworks for front-end UI, along with Vuejs, Angula, Beego, Ruby on Rails, and Electron. She developed Quantropi’s desktop CipherSpace application by integrating Electron, Webassembly and Go, to ensure a good user experience, as well as perfect operating system compatibility. She is also part of the dynamic and efficient QKD-NODE project team. Tina is always looking for new ways to increase her knowledge, improve her technological proficiency and enhance her strong execution and implementation skills. Prior to Quantropi, Tina served as a full-stack web developer at Sunny Future, where she maintained a WordPress home site and managed the release of new content for the company.

Nick Kuang

As VP Corporate Services, Nick plans, directs and coordinates a wide range of activities aimed at achieving Quantropi’s vision of the Quantum Internet. He has a keen interest in transformative technologies and the possibilities they offer for bettering our everyday lives. A pharmacist by training, Nick nurtures teams with a focus on integrity and collaborative effort, coupled with strong attention to detail. With prior experience in a successful biotech start-up developing point-of-care test kits, he enjoys the fast pace and challenge of the start-up environment.

Alex He

Alex is a product-oriented project manager who bridges the gaps between the company’s engineering and commercial teams. He has over ten years of experience in the analysis, design and development of enterprise-class applications, with a particular focus on creating optimal user experiences (UX). Ever passionate about cybersecurity solutions that can deliver solid security without unreasonably sacrificing customer convenience, Alex is the lead inventor of a registered patent on user interface security. He is committed to helping ensure that the Agile software engineering team at Quantropi delivers consistently high-quality, high crypto-agility cybersecurity solutions for next-generation communications.

Michael Redding

Before joining Quantropi, Mike was Managing Director and co-founder of Accenture Ventures, where he grew a global portfolio of strategic partnerships and 38 equity investments in emerging technology startups.

During his nearly 30 years with Accenture, he incubated and launched technology innovations for enterprises across multiple geographies and industries. Ever-passionate about bold ideas with game-changing results, he speaks frequently on the impact of emerging technology on large organizations.

With a bachelor’s degree in Electrical Engineering and Computer Science from Princeton, and a Master’s in Biomedical Engineering from Northwestern, Mike is a former member of the Board of Directors for the Accenture Foundation and Board Observer for startups Maana and Splice Machine.

Raj Narula, P.Eng.

Raj is a seasoned technology executive who has worked with companies as an advisor, business builder and active angel investor. Raj is a seasoned technology executive who has worked with companies as an advisor, business builder and active angel investor. He has held operational and advisory roles in Recognia (Trading Central ), Belair Networks ( Ericsson) , March Networks ( Infinova) , Sandvine ( Procera ), Neurolanguage ( ADEC) ,Bridgewater Systems (Amdocs), Vayyoo ( Cafex ) TenXc ( CCI ),1Mobility ( Qualys ) and others. He has been dividing his time between North America, EMEA, and the Asia Pacific region for over 20 years and speaks multiple languages. He grew up in Asia, Europe, South America and Canada. Raj is also the co-founder and Charter Member of the Ottawa chapter of TiE (the Indus Entrepreneur). Raj holds a B.Eng degree in Mechanical Engineering from the University of Ottawa, Canada.

Ken Dobell

Ken leads marketing strategy at Quantropi. In high demand as a consultant with 25 years’ experience in performance media and an award- winning creative background, he has completed successful transformations, (re)branding and product development mandates with KPMG, Keurig, Fidelity, Eddyfi, Coveo, and more, and provides digital advice to the CMA. Previously, Ken pivoted an offline advertising brokerage to a leading-edge, data-driven performance agency as President of DAC Digital, held a progression of international leadership roles with Monster.com, pioneered a range of multi-channel initiatives as VP Marketing with a global franchisor, and introduced a mobile-first programmatic media offering to Canada within WPP.

Cory Michalyshyn

Cory brings a breadth of experience to the Quantropi team, working fractionally with multiple SaaS technology companies as CFO, and as the CFO with Celtic House Venture Partners. Prior to these roles, Cory was CFO and COO at Solink, and played a lead role in the metrics-led pivot to a direct-sales SaaS model, followed by multiple VC-backed funding rounds and their recognition as one of the fastest growing start-ups in Canada. He qualified as a CPA while serving technology, VC & PE-fund clients at Deloitte, and earned his Bachelor of Commerce at Queen’s University.

Dr. Randy Kuang

Randy holds a doctorate in quantum physics. His research findings have been published in top international journals and named “Kuang’s semi-classical formalism” by NASA in 2012. With a career spanning IT, including with Nortel as senior network researcher & developer, he co-founded inBay Technologies in 2009, serving as CTO of the cybersecurity platform. As the first recipient of a patent for two-level authentication (2011), Randy is a prolific inventor, with 30+ U.S. patents in broad technology fields, such as WiMAX, optical networks, multi-factor identity authentication, transaction authorization, as well as concepts, technologies and industrial applications for quantum key distribution.

James Nguyen

Prior to leading Quantropi, James was Chief Investment Officer & VP Asia Operations for a group of private and public real estate, mining, energy storage, graphene technologies and manufacturing interests, where, in his responsibilities for strategy, banking and global expansions, he secured large-scale investments and partnerships for commercializing graphene applications across multiple industries. A graduate of Carleton in Economics, he previously achieved success managing a mid-market portfolio (professional services, public sector, Asian markets) at RBC for over a decade. James has been on the HKCBA board, held advisory positions with technology start-ups and gives back as volunteer, fundraiser and mentor.