As the 21st century scales yet another technological peak, cybersecurity threats are following closely behind and deftly making their own ascension. Fortunately, the trusted experts at Quantropi have a bird’s-eye view of the present and future. Founded in 2019 by current CEO James Nguyen and their Chief Scientist Dr. Randy Kuang, this Canadian cybersecurity startup has quickly forged a reputation for its reliable, robust quantum-secure encryption solutions that proactively protect against present and future threats.
In 2019, an uncomfortably close cyber attack occurred in Portland, Oregon which exposed the personal data of over 200,000 people, exploiting a vulnerability in an unpatched software program. As quantum computing advances, there is a growing risk that existing encryption systems may no longer be sufficient to protect sensitive data. As an avalanche of high-profile data breaches continues to make headlines, the need for more advanced encryption technology has never been more urgent. And the stakes have never been higher.
The future is now
Quantropi was born from Dr. Nguyen’s initial realization of the potential risk posed by the “looming Y2Q Quantum threat,” which refers to the emerging risk of quantum computing technology leaving public and private organizations vulnerable to cyber attacks. This realization led the founders of Quantropi to search for solutions in the marketplace to protect against fast-approaching quantum cyberattacks. Unfortunately, at that time, there were none, so Dr. Kuang invented them.
Today, our $50 trillion digital economy stands on the edge of a precipice, but Quantropi is holding out a steady hand to businesses vulnerable to these imminently approaching cyberattacks. As contemporary quantum algorithms are becoming more sophisticated, organizations have the chance to grasp this opportunity.
Quantropi’s precise and effective products offer several advantages to businesses that regularly harbor, exchange, or trade on sensitive information, which already require powerful encryptions and security to block attacks. In the field of the Internet of Things (IoT), the protection offered by Quantropi’s future-capable technology is transformative. As the network of connected devices continues to extend, so does the risk of cyberattacks on systems.
However, according to experts at Quantropi, the abilities of encryption protections for IoT devices at this time are “regularly resource-constrained,” and their algorithms are insufficient in meeting “the computational requirements of existing encryption algorithms.” In comparison, the quantum-safe encryption Quantropi’s platform addresses these issues and is precise, agile, and adept in its capabilities.
Innovation for all, big or small
Quantropi’s dynamic and forward-looking perspective on the rapidly evolving cybersecurity landscape extends from the present to the future, positioning the company at the forefront of innovation and development.
Commercially, Quantropi is leading the cybersecurity space with its QiSpace™ platform. Their QiSpace™ platform checks all “three of the complete end-to-end quantum security prerequisites,” Trust, Uncertainty, and Entropy (TrUE). TrUE is a set of advanced post-quantum encryption algorithms that provide secure data transmission with confidentiality, integrity, and authenticity. Their post-quantum cryptography solution defends companies against traditional cyber and quantum-based attacks, providing them with secure communication capabilities.
Quantropi offers three products for secure communication: MASQ for quantum-secure asymmetric encryption that protects sensitive data, SEQUR for quantum random number generation and distribution, and QEEP for quantum-secure symmetric encryption which provides confidentiality for data transmitted over insecure channels and resists attacks from both classical and quantum computers. In fact, their QEEP offering is “18 times faster than AES-256” — a widely used encryption standard. This capability offers businesses a considerable advantage when data transmission and security require rapid responses.
Quantropi has built its platform on solid scientific research, with nine patents and over 20 scientific publications supporting its technology. They have integrated their technology into IoT devices and are developing a quantum-secure boot loader in partnership with Cypherbridge, a company specializing in secure software development.
In addition, Quantropi is participating in the NIST PQC standardization process, which aims to develop new encryption methods that are resistant to attacks by quantum computers. The revolutionary quantum-secure boot loader is a software that ensures the device’s operating system starts up securely, further protecting against attacks from quantum computers.
From the beginning, Quantropi has been chiseling an innovative path forward in the private market, just as governmental bodies are attempting to climb ahead and reach for the future. Quantropi demonstrates its proactivity through its technology, which is capable of safeguarding against the recent alarming disruptions to critical infrastructure reported in the news.
Drs. Kuang and Nyguen assert that their work and approach to protecting systems through the implementation of their platform could potentially help in securing “power grids, water treatment plants, and transportation systems.” Their products are future-critical, and organizations — from the smallest headcount to the largest — can be protected from present bad actors and any potential threats posed by the advent of quantum computing.
In the face of the looming Y2Q Quantum threat, Quantropi recognizes that scaling these heights demands precision, focus, and a strong team, as the margin of error for unprotected systems and businesses is razor-thin.