The Straw that Broke Quantum’s Back

Share on facebook
Share on twitter
Share on linkedin
Share on email

It’s uncommon for a week to pass without the media reporting details of another cyber breach or hack. Cybercriminals and nation-state actors remain a thorn in the side of businesses and governments worldwide, and their sophisticated and malicious cyber activity causes the loss of millions of dollars every year.

Cybercriminals are upping their game

Recent research shows that attacks on network IoT devices are on the rise. While IoT technologies provide new functionality that makes life more convenient, they also give threat actors new vectors through which to spy on and interfere with unsuspecting users of IoT systems and networks. This elevates the risk of network security defenses being compromised and sensitive data at rest or in transit being accessed by unauthorized parties. And that’s not all we need to worry about. According to a recent Gartner report, more than 6 in 10 organizations suffered a ransomware attack last year, email attacks were up by 64%, and a lack of cyber preparedness hurt 79% of organizations.

In response to these growing threats, including the recent high-profile attack on the crucial Colonial fuel pipeline, President Joe Biden signed an executive order aimed at boosting US cybersecurity defenses earlier this month.

The Cybersecurity Executive Order has been heralded as a positive move and a clarion call to action for US public and private sector entities to join in the effort to raise the bar on cybersecurity. It’s also hoped that this initiative will ensure that cybersecurity takes its rightful place on the boardroom agenda in businesses across the country.

But the Order is also a sobering reminder of the advanced and persistent threat that cybercrime poses to our society. And as technological advancement marches on, we need to turn our attention to how we’re going to tackle the next new flavor of cyber threat when it emerges. And all signs indicate that that may be found in the realm of quantum computing.

Why cybercriminals are eyeing quantum

Quantum computers can solve problems that are computationally too complex for traditional computers. In the quantum world, 1 and 0 bytes can exist in two states (qubits) simultaneously, allowing computations to be performed in parallel. Quantum computers can carry out tasks that we’d never dreamed possible, making them more powerful than anything that’s ever been built to date.

The but…

While quantum computing is one of the most significant technological breakthroughs of our time, it’s not immune to compromise by calculating threat actors.

We should remember that cybercriminals are always on the lookout for the next big target. They’re well organized and well-funded. So, we shouldn’t be surprised that quantum is firmly in their line of sight. In fact, we know that they’re already working behind the scenes to figure out the best ways to bring this breakthrough technology to its knees and/or exploit its capability for nefarious purposes.

Advances in quantum computing are already being used to attempt to crack the security algorithms that protect today’s Internet data, banking transactions, and emails. There have been recent reports of individuals using quantum annealers to locate vulnerabilities in standard encryption methods. Imagine the risk this introduces to our multi-trillion-dollar global economy!

Just a matter of time

Clearly, quantum computing is changing the rules of the cybersecurity game. We need to accept that at some point, cybercriminals will exploit quantum computing to create the proverbial “crack in the dam” with potentially disastrous consequences. One day, better and more complex algorithms simply won’t be sufficient to hold back the tide. At Quantropi, we believe that the next global pandemic will be the cybersecurity threats from quantum attacks. For this reason, we believe that preparation is a necessity, not an option.

To defend against a quantum attacks, you need a quantum defense. We’re focused on using the power of quantum against quantum. Our approach enables organizations to protect and enhance their reputation and reduces the risk of the many negative consequences of a cybersecurity breach.

Powered by quantum mechanics expressed as linear algebra, Quantropi delivers three unique capabilities every complete cryptographic solution must have — Trust, Uncertainty, and Entropy (we call it TrUE Quantum Secure Solutions) … Trust in the form of asymmetric encryption, so any two entities can establish secure communications… Uncertainty so that no matter what, an attacker can never access your data… and Entropy, strong keys and strong random numbers that unlock and enable secure communications and data.

There’s a new dawn rising in the fight against quantum cybercrime.

Our global digital society needs quantum cybersecurity like never before.

Interested in finding out more about how Quantropi is rising to the quantum cybersecurity challenge and how our solutions can protect your business-critical data? If so, sign up to receive the latest news and updates or to speak with one of our specialists.

Share on facebook
Share on twitter
Share on linkedin
Share on email

Marco Pagani

Marco Pagani began his long and successful career as a senior executive in Ottawa’s high-tech sector in 1985, with Nortel Networks (then Bell-Northern Research). He rose across two decades to become president of several Nortel Business Units, managing more than 2,000 employees and over $1 billion in revenue. Having gone on to advise numerous organizations, as well as guide a range of companies through complex, critically necessary turnarounds, he is particularly respected for placing a strong emphasis on ethics and corporate governance in building the culture of the corporate and not-for-profit organizations he leads and supports.

Talk To Us

Patricio Mariaca

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum quis mauris justo. Vestibulum vel nulla vel tortor dignissim auctor. Donec porta semper lacus, id mollis metus pretium at. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam malesuada ullamcorper metus, eget facilisis tortor posuere sed.

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.

A seasoned technology executive, business builder and angel investor, Raj 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. Having divided his time among North America, EMEA and Asia-Pac for over 20 years, Raj speaks several languages. He grew up in Asia, Europe, South America and Canada, and holds a B.Eng degree in Mechanical Engineering from the University of Ottawa. He is also a co-founder and Charter Member of the Ottawa chapter of TiE (the Indus Entrepreneur).

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, 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.

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.