![]() ![]() PKWARE’s partnership with QuintessenceLabs allows organizations to deploy the PKWARE Enterprise Manager as a physical appliance, gaining the benefits of QuintessenceLabs’ advanced cybersecurity technology. The PKWARE Enterprise Manager is the central component of PKWARE’s data security platform, managing the agents that are installed on an organization’s servers and user devices, as well as digital certificates and PGP keys. “With properly implemented access controls, data breaches can largely be rendered irrelevant.Enhanced end-to-end data protection solutions “As computing power increases exponentially and quantum computing becomes increasingly more accessible through cloud-based offerings, we have an opportunity and responsibility to help companies and governments guard against these attacks with sophisticated data protection. ”The pandemic was ultimately a wake-up call for many companies with a growing recognition that data is more vulnerable than they expect. Practical applications of quantum technology have been on the horizon for some time now, and we’ve made incredible progress, both in Australia and abroad, in recent years,” Dr Sharma said. ![]() “We’ve been in a fortunate position to see the evolution of the quantum industry since our inception in 2008 as Australia’s first quantum technology company. The rising prominence of ransomware attacks has also helped sharpen the minds of potential QuintessenceLabs customers to the threat of their systems being breached. ![]() The company now has a client base spread across the world, including the likes of JPMorgan Chase, Staples, ZF Auto, the US Defence Advanced Research Projects Agency (DARPA), and the US Department of Homeland Security. Mizuho Financial Group-backed InterValley Ventures and Canberra-based Rich Lister Terry Snow’s Capital Property Group also chipped in.ĭr Sharma, a former quantum technology researcher at the Australian National University, told The Australian Financial Review, the company’s product portfolio had broadened and matured significantly since Westpac’s initial investment. Since 2015 the bank’s stake has increased to 16 per cent, but this latest funding round had a global flavour with Canadian corporate venture capital fund Telus Ventures leading it alongside Main Sequence. The company’s founder, Dr Vikram Sharma, said Westpac’s chief information security officer and security team had since been instrumental in helping the company’s product offerings mature for deployment in large, demanding, customer environments. Westpac saw the potential of the technology for its own use, as well as being an investment back in 2015, when it took an 11 per cent stake in QuintessenceLabs. Vikram Sharma, founder & CEO of QuintessenceLabs, said the fresh funding would help the company’s global expansion plans. ![]() The company has existed since 2005 working in the futuristic realm of quantum computing, from the perspective that the eventual wider availability of such fantastically powered computers will pose nightmarish cyber security threats to business systems based on traditional classical computing.ĭr. QuintessenceLabs, a Westpac-backed cyber security company that looks to use advanced quantum computing principles to defend against the myriad threats facing companies’ tech infrastructure, has raised $25 million from a suite of investors led by the CSIRO’s venture capital arm, Main Sequence. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |