#Ransomware is the biggest cybersecurity threat facing the world today.

Ransomware is the biggest cybersecurity threat facing the world today, with the potential to significantly affect whole societies and economies – and the attacks are unrelenting, the head of the National Cyber Security Centre (NCSC) has warned.

“Even with a war raging in Ukraine – the biggest global cyber threat we still face is ransomware. That tells you something of the scale of the problem. Ransomware attacks strike hard and fast. They are evolving rapidly, they are all-pervasive, they’re increasingly offered by gangs as a service, lowering the bar for entry into cyber crime,” said Lindy Cameron, CEO of the NCSC In a speech at Tel Aviv Cyber Week. She added that the NCSC has dealt with “nationally significant incidents” along with hundreds of general cyber incidents that “affect the UK more widely every year”.

Working alongside other law enforcement agencies, Cameron said that the NCSC is working to understand the criminal system that helps drive ransomware attacks – and how the nature of ransomware gangs and the techniques they’re using to facilitate ransomware campaigns continue to evolve.

“We want to make ransomware an unprofitable and unattractive business,” said Cameron, who argued it’s not all doom and gloom when it comes to cybersecurity, going on to detail how the NCSC’s Active Cyber Defence Program has helped to disrupt cyberattacks targeting citizens.

According to newly released figures from cybersecurity company WatchGuard, the volume of ransomware has risen significantly with the amount of detected activity in the first quarter of 2022 more than three times what was detected during the same period last year. The report suggests that the emergence of aggressive ransomware and extortion operations including  #LAPSUS$ and #BlackCat are behind what’s described as “an ever-increasing ransomware and cyber-extortion threat landscape.”

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

Blockchain is currently extremely vulnerable!

01 Communique Laboratory Inc. has been commissioned to develop the World’s First Quantum-Safe Blockchain designed for Tokens, NFTs, Smart Contracts for the Metaverse, De-centralized Finance (DeFi). It is expected that this best-in-class quantum-safe blockchain will be resilient against cyber adversaries, including quantum attacks.

Blockchain technology is vulnerable to cyber-attacks, including quantum threats. A recent crypto hack reported a loss of over $300 million due to hackers forging a wrong signature to fake a transaction1. These hacks have now become commonplace and it is anticipated that the introduction of quantum computing will increase them dramatically.

After an extensive global search, a consortium of highly successful crypto experts has selected the Company as their technology partner and Post-Quantum Cryptography (PQC) provider. The consortium (Talent Summit) is pursuing the new blockchain aggressively and is planning a Proof-of-Concept (PoC) within three months. The PoC of this new venture is the first step towards protecting the de-centralized eco-system.

“01 has taken a minority position in Talent Summit and in addition will be compensated for the development project by way of a payment of $250,000 cash plus a 10% royalty for the ongoing share of the “Tokens” per transaction,” said Andrew Cheung, the President and CEO of 01 Communique. 01 will protect the integrity of this state-of-the-art blockchain by using its patent-protected, quantum-safe, IronCAP™ technology. In addition to being quantum-safe and supporting smart contracts, this new blockchain is aiming at high-performance with the ability to process tens of thousands of transactions/second (TPS). “This revolutionary blockchain is essentially a transformation of the proven Solana blockchain into a quantum-safe version to be incorporated in Tokens, NFTs, Smart Contracts for Metaverse, DeFi, and more”, said Andrew Cheung.

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

IBM has unveiled 4 new quantum processors that it plans to use in a quantum supercomputer!

Last week IBM updated its quantum computing roadmap for the 3rd time since the first one was published. In this new roadmap, IBM has provided new tools for kernel developers, algorithm developers, and model developers. These developments all require new hardware, software, and new architecture.

The roadmap suggests that IBM will accelerate quantum’s expected trajectory by developing quantum processors that have the potential to scale to hundreds of thousands of qubits several years earlier than expected – and that’s a problem for current security, when it’s not quantum safe!

If IBM’s roadmap is implemented, it will change the landscape of quantum computing. 10 years ago, CPU-centric supercomputing was the exclusive domain of government and researchers for solving large and complex scientific problems. Since then, it has been democratized and transformed into various types of AI-centric supercomputing used in almost every industry today.

This roadmap is IBM’s plan to create a new family of quantum processors, software, and services that will lead to the realization of the next generation of supercomputers, a quantum-centric supercomputer. The combined resources of quantum processors, CPUs, and GPUs are expected to solve some of the world’s most challenging problems. In short the Quantum timeline is no longer science fiction – it now looks like this …

• 2023 – Condor with 1121 Qubits
• 2024 – Flamingo with 1386 Qubits
• 2025 – Kookaburra with 4158+ Qubits
• 2026 onward – hundreds of thousands Qubits!

… and there’s the problem, all encryption is now rendered useless! – That’s why The White House has announced that President Joe Biden has signed a National Security Memorandum (NSM) aimed at maintaining U.S. leadership in quantum information sciences and to mitigate the risks of quantum computing to the Nation’s security. “A cryptanalytically relevant quantum computer could jeopardize civilian and military communications as well as undermine supervisory and control systems for critical infrastructure,” said GEN Paul M. Nakasone, Commander, USCYBERCOM, Director, NSA/Chief, CSS. “The No. 1 defense against this quantum computing threat is to implement quantum-resistant cryptography on our most important systems.”

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

So what is the biggest cause of Ransomware? Who’s the culprit? Email #Phishing has to be the answer!

Global Ransomware damage costs are predicted to exceed $265 Billion by 2031 (cybersecurityventures.com) Ransomware has been topping headline news on a daily basis and is becoming our No. 1 “cyber-enemy”. According to Harvard Business Review in May 2021, ransomware attacks were up 150% over the previous year. The amount paid by victims of these attacks increased more than 300% in 2020. This massive uptrend is further fuelled by accelerated digitalisation creating fertile soil for such attacks. The risk of data exposure will only grow given that remote workers’ personal devices are more vulnerable. According to the Cybercrime Magazine, ransomware damage costs are predicted to exceed USD265B annually and attacking a business, consumer, or device every 2 seconds by 203

Governments and critical infrastructure are not the only targets, ransomware attackers are less concerned about the industry and more focused on scope and scale. They go after large enterprise networks to secure the biggest possible ransom. Therefore, big enterprises e.g., banks, manufacturers and even high-tech companies and cybersecurity providers themselves are popular targets.

We believe enterprises should adopt a holistic approach, addressing the essential aspects including enhancing awareness and governance, while adopting suitable and robust technology solutions that best suit the technical environment that support the entity’s business operations. The adoption of true end-to-end encryption would be a key preventive measure, and leveraging the latest verifiable digital credentials would provide the average email user the means to verify the purported identity of the party sending the email.

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

Imagine a security flaw that was fixed but then apparently not applied to the live application – as a result it was hacked!

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

If the answer is yes, then that’s a game changer for cryptocurrencies!

So how do you access a bitcoin wallet. Accessing a Bitcoin wallet requires issuing a transaction to move Bitcoin from the address at which it resides to a new address; to perform such a transaction, you need knowledge of the private key associated with the Bitcoin address. Looking at how the FBI retrieved the Bitcoin from the Colonial Pipeline Hackers, Joseph Steinberg makes the following comment …

“It is no secret that cryptocurrencies enable various types of criminal activity and facilitate money laundering and the unreported transfers of large sums of money; as a result, I have wondered for years if lawmakers and law enforcement seemingly “turning a blind eye” to much of the issue has not been the result of naiveite, but because governments have “back doors” into popular crypto networks; are various government bodies able to better trace transactions than is commonly believed, to exploit zero-day implementation vulnerabilities in the crypto networks themselves or in the communications infrastructure upon which the networks rely, or to crack private keys far faster than outsiders believe through the use of quantum computers more advanced than are publicly known to  exist? Could Satoshi Nakomoto even be some government agency somewhere? Whoever knows the answers to these questions will clearly not answer them to the public. (Of course, if the FBI has such capabilities, it would likely use them sparingly and ascribe any successes to other techniques – just as the Allies did not act on every piece of data obtained by hacking Enigma so as not to alert the Nazis to Enigma’s compromise.)”

Also, it’s not a secret that quantum computers will eventually be able to rapidly crack the asymmetric encryption that forms the heart of modern-day digital signatures, nor is it a secret that many blockchain implementations – including those utilized by several popular cryptocurrencies – rely on potentially quantum-vulnerable asymmetric encryption algorithms to establish and authenticate the “owners” of their respective per-ledge-address contents.

Cryptocurrencies like Bitcoin and others are developed on blockchain technologies. Though advanced and sophisticated, the arrival of quantum computers are posing a serious threat to the security of blockchains. The only solution is to transition to quantum-safe blockchains utilizing post-quantum cryptography.

What is a quantum-safe blockchain? Well let’s run through the basics first. A blockchain is a database that is shared among the nodes of a computer network and stores data electronically. The jewel crown of this innovative blockchain technology is that it ensures the fidelity and security of a record of data which does not require a trusted third party.

Now that we know what blockchain truly means and how secure it is, we must also know that blockchain end points are vulnerable to quantum hacking. CISOs today and even blockchain experts are well aware of the fast-approaching quantum threats. The official Bitcoin website states that Bitcoin is vulnerable to quantum hacking just as most systems relying on cryptography in general are, including traditional banking systems. Some of the most recent hacks include $300M and $650M losses in cryptocurrencies that resulted from digital signature failures.

Besides cryptocurrency trading, the blockchain is a revolutionary technology that has many use cases. The blockchain is changing the face of businesses and governments today. It can be used for asset traceability, supply chain, trade payments, global payments, banking systems, voting and even digital identity. Using this very technology, new business models are evolving and disrupting the existing ones.

Just like all things on the internet, the blockchain requires security against quantum hacking. This is where IronCAP’s™ unique technology comes to use. We are developing the world’s first Quantum-Safe Blockchain designed for Tokens, NFTs, Smart Contracts for Metaverse, De-centralized Finance (DeFi) and more. This best-in-class quantum-safe blockchain can protect against cyber adversaries, including future quantum attacks. A revolutionary, state-of-the-art, quantum-safe blockchain has endless applications and use cases for every business.

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

This is a very good question … and at IronCAP™ we know the answer!

Finally, everyone is waking up to the fact that quantum computers are now a threat to security! There is a real and present danger. A quantum computer of sufficient size and sophistication( also known as a cryptanalytically relevant quantum computer) will be capable of breaking much of the public-key cryptography used on digital systems throughout  the world!

The White House has announced that President Joe Biden has signed a National Security Memorandum (NSM) aimed at maintaining U.S. leadership in quantum information sciences and to mitigate the risks of quantum computing to the Nation’s security.

“Promoting United States Leadership in Quantum Computing While Mitigating Risks to Vulnerable Cryptographic Systems” – also known as NSM-10 – directs U.S. Government agencies to migrate vulnerable cryptographic systems to quantum-resistant cryptography as part of multi-year effort. As the National Manager for National Security Systems, the Director of NSA will oversee this process across the 50-plus government departments and agencies using National Security Systems (NSS) – systems that contain classified information or are otherwise critical to military or intelligence operations.

“A cryptanalytically relevant quantum computer could jeopardize civilian and military communications as well as undermine supervisory and control systems for critical infrastructure,” said GEN Paul M. Nakasone, Commander, USCYBERCOM, Director, NSA/Chief, CSS. “The No. 1 defense against this quantum computing threat is to implement quantum-resistant cryptography on our most important systems.”

While NSA will spearhead many of the tasks in NSM-10 to ensure NSS are quantum resistant, the National Institute of Standards and Technology (NIST) and the Cybersecurity and Infrastructure Security Agency (CISA) will ensure U.S. critical infrastructure and other U.S. Government systems also move toward quantum-resistant cryptography.

“Implementing approved quantum-resistant cryptographic solutions across all of our systems will not happen overnight, but it’s critical that we chart a path to get there considering the potential threat of quantum computing,” said Rob Joyce, NSA Cybersecurity Director and Deputy National Manager for National Security Systems.

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.