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According to a KPMG survey, 60 per cent of large corporations in Canada believe it’s only a matter of time before cybercriminals use the power of quantum to decrypt and disrupt current cybersecurity protocols.

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“There’s a number of us, including me and my company and others around the world saying, ‘Okay, how can we use those old-school methods [with] 21st-century know-how [to] provide additional resilience?’” Mr. Mosca asks.

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QKD as a solution

Quantum computing also promises solutions. With Quantum Key Distribution (QKD), keys can be distributed through an optical wire and photons with some quantum mechanical properties. QKD is already in use. But the industry is still in its early days even as the quantum threat rapidly approaches.

“The idea that you could have a major algorithmic advance break all of your algorithmic methods is not speculative … it has happened,” Mr. Mosca says. “Let’s not hide under a rock, [let’s] prepare and then boldly move forward and leverage quantum and AI and anything else that comes along.”

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Recent expert estimates suggest that quantum computers will threaten existing cybersecurity protocols sooner than previously thought. Organizations without a plan for a quantum-safe migration could be at risk of data breaches and other cyber attacks.

This webinar features Dr. Michele Mosca from evolutionQ, a leading provider of quantum-safe cybersecurity solutions, who will discuss the findings of the latest Quantum Threat Timeline Report, what they mean for financial institutions relying on traditional encryption protocols, and how organizations are preparing for the transition to quantum-safe cryptography.

Presenter:

• Michele Mosca, Co-Founder and Chief Executive Officer, evolutionQ Inc., and Professor in the Department of Combinatorics and Optimization, University of Waterloo
• Vanda Vicars, Executive Consultant, Global Risk Institute

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This report, collaboratively produced by GRI and evolutionQ—a leader in quantum-safe cybersecurity solutions—draws on insights from 32 global experts to explore the current state of quantum computing and its implications for cybersecurity. Now in its sixth edition for GRI, the report reveals that the threat posed by quantum computing may be closer than previously anticipated.

evolutionQ's MultiModalKES deploys similar tactics to your favourite superhero

evolutionQ's BasejumpQDN™ secures a quantum network between Sherbrooke, Montréal, and Québec City.

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MultimodalKES delivers resilient, multi-layered cryptographic protection for long-term security and quantum-safe communications

evolutionQ is contributing to a Bank of Canada research project involving quantum-safe cybersecurity for greenfield digital currencies. The open-source code accelerates quantum-safe technology development, supporting the response to evolving cryptographic challenges.

BasejumpQDN™, the flagship software from evolutionQ, was part of a collaborative effort with Nokia and IDQuantique to enable Proximus, a Belgian telecommunications leader, to establish a quantum-safe optical network connection using quantum key distribution (QKD). The live demonstration represents a significant milestone in the development of quantum key technologies and highlights the future of network security in the era of quantum computing.

evolutionQ was selected to join a cohort of the 100 most promising Technology Pioneers from 31 economies on six continents. They join a dedicated group of change-makers in key fields such as cybersecurity, sustainability, climate change and healthcare.

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Donna Dodson, former NIST cybersecurity expert, joins evolutionQ's leadership team to develop quantum-safe solutions for the cybersecurity industry.

SandboxAQ and evolutionQ announced an alliance to deliver robust quantum-safe cybersecurity products and SandboxAQ's participation in evolutionQ's Series A funding.

Global venture capital funds invest in Kitchener-Waterloo-based, quantum-safe cybersecurity company to propel product development and grow international sales.

Thank you to our valued partner the National Research Council Canada / Conseil national de recherches Canada for their leadership in proactively tackling the cyber threats posed by quantum computers and investing in technology like evolutionQ’s BasejumpQDN.

evolutionQ announces the availability of Quantum Delivery Network (QDN) software product BasejumpQDN™ to provide quantum-safe security services to high-speed networks. A quantum-safe software product that allows organizations who are building a network based on Quantum Key Distribution (QKD) devices to easily deploy and cost-effectively manage quantum technologies throughout their network.

evolutionQ published a research report on Quantum Random Number Generators (QRNGs) that is freely available for download on the evolutionQ website. The vendor-neutral research report covers market use cases and technical descriptions of the various types of QRNGs available in the market.

evolutionQ was awarded a Space Technology Development Program (STDP) contribution by the CSA to develop solutions to advance satellite-based secure quantum communication services.