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Quantum Computers Can Easily Break Current Cryptography!

IDTheftQuantum computers possess the potential to be exponentially more powerful than traditional computers, and with that power comes the potential for misuse.

For example, quantum computers could easily be used to break encryption and other security protocols, allowing malicious actors to gain access to sensitive data and networks. Additionally, quantum computers could be used to create weapons of mass destruction, or to manipulate stock markets for ill–gotten gains.

The encryption algorithms we use today will take conventional computers hundreds of years to break.  With the much more powerful quantum computer, they can be broken within a few seconds. Quantum computing will render current encryption useless.  This can happen anytime and for all we know it may have already happened on a national level!  Think about this.  The U.S. Department of Energy (DOE) announced on August 26th 2020 that they would spend $625 million on quantum advancements.  They have also awarded $115 million to Quantum Systems Accelerator (QSA), a new research center, to pioneer the development of quantum technologies for discovery science.  In 2021 Honeywell Quantum Solutions and Cambridge Quantum achieved a quantum volume of 1,024 and demonstrated real-time error correction, to a breakthrough algorithm that enables quantum machines to do more significant calculations with fewer qubits. The above-mentioned companies and government agencies are not the only ones.  There are several others pumping millions of dollars into the R&D of quantum computing.  It’s evident that the global quantum computing race has begun some time ago already and is advancing rapidly.

So, is your data safe?  Can your current encryption safeguard against quantum threats?  The answer is an obvious NO.  And here comes the SOLUTION – IronCAP™’s quantum-safe cryptography can provide that ultimate layer of protection to your data.

IronCAP™ is the SOLUTION for 3 main reasons:

  1. Its quantum-safe cryptography is designed to operate on current computers to protect against cyber threats from not only today’s computers but also tomorrow’s quantum computers
  2. Its breakthrough technology is patent protected and industry endorsed
  3. Its cryptography has been put to test in 2 global hackathons and proved unscathed

Industry leaders need to start migrating towards quantum-safe encryption now.  Cryptographic algorithm transitions take time and involve massive coordination effort across many stakeholders in different industries. By preparing now and adopting post-quantum cryptography solutions like IronCAP™ can ensure a more orderly, less costly, and modestly disruptive changeover.

IronCAP™‘s quantum-safe solution is readily available today. To learn more, visit www.ironcap.ca.

References:
DOE $115 million award for quantum lab.
DOE $625 million investment in quantum.

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.

01 Communique Releases World’s First Quantum-Safe Secure Remote Access

IIT BannerQuantum-Safe Secure Remote Access is here!

01 Communique Laboratory Inc. a first-to-market, enterprise level cybersecurity provider just upgraded its I’m InTouch remote access service – I’m InTouch v11. To maximize user protection, I’m InTouch v11 has 3 significant enhancements:

  • The communication session is encrypted using the Company’s Post-Quantum Cryptography (PQC) engine, IronCAP™, making it safe from cyberattacks by bad actors including those using Quantum Computers.
  • Two-factor authentication (2FA) and MAC address restriction have been added ensuring only the intended user has access.
  • Adding security to ensure password safety.

Andrew Cheung, CEO of 01 Communique noted, “In the past, the communication session of remote access is prone to attacks by bad actors. I’m InTouch v11 is safe even in the post-quantum world. We have gone even further with additional security features, including a two-factor authentication process, MAC address restriction, and password security. We believe I’m InTouch v11 is the most secure remote access service on the market today.”

This announcement represents a giant leap forward in cybersecurity surrounding remote access. The arrival of a Quantum-safe remote access system provides far greater protection for users. Combining NIST-approved PQC algorithms with our patent-protected quantum-safe technology, remote access is just the beginning. It is one of the many vertical solutions that can be upgraded to become quantum-safe using IronCAPTM.
A free trial version of I’m InTouch v11 is available at: www.imintouch.com .

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.

There’s a major #threat we all face – and you may not even know about it yet.

Threat (Feb 10 2023)Quantum computers could be used to crack encryption codes that we use today to protect our data

Quantum computing threatens to undermine much of the security of the digital world that we have come to rely on, and if you haven’t already started planning ahead, your business will be at risk in the very near future. Fortunately, there’s still time—if you act now, you can ensure your business will be protected from quantum computing’s devastating effects by learning how to implement IronCAP Toolkits into your technology.

Today, quantum computing is still in its nascent stages, but experts predict it will take off within the next ten years. Quantum computers could be used to crack encryption codes that we use today to protect our data, including sensitive medical records, banking information and personal communications. However, with proper preparation and implementation, you can make sure your business is not left behind in this changing landscape of cyber-security threats. Read on to learn about how IronCAP’s advanced cybersecurity tools can help you prepare your business for the challenges of quantum computing and the future of online security.

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.

Building a Quantum-Safe Blockchain Today

Bitcoin-2 (May 11 2023)Quantum computing techniques will further expose the network to fraudsters and criminals.

Public-key cryptography is used to establish a distributed consensus of trust, which is essential for financial Blockchain solutions. While the chain itself is relatively secure, the “wallets” at the endpoints have already been demonstrated to be “hackable,” and quantum computing techniques will further expose the network to fraudsters and criminals.

In the near to medium future, emerging quantum computers aimed at conventional algorithms could disrupt existing digital security standards employing what is known as a storage attack. Storage attacks entail a hostile actor stealing from vulnerable blockchain addresses, such as ones in which the public key of the wallet is displayed on the public ledger.

Solana incident highlights blockchain vulnerabilities

Examining the impact of a recent incident affecting Solana, an increasingly popular blockchain, noted for its quick transactions, reveals the scope of the threat. During this security compromise, Solana users reported that cash was stolen from “hot” wallets connected to the internet. The loss is projected at approximately $8 million.

This hack only affected “hot” wallets, which are always linked to the internet and allow users to store and send tokens effortlessly. The nature of the breach is unknown; however industry professionals have noted that the transactions were correctly signed, indicating that the vulnerability could be a “supply chain attack” that compromised the private keys of users.

Quantum-safe wallets as a mitigation

The solution to the blockchain wallet vulnerabilities problem is to create quantum-safe crypto wallets secured by post-quantum cryptography (PQC) algorithm approved by NIST. On July 27, 2022, 01 Communique announced a Proof-of-Concept (“PoC”) for a quantum-safe blockchain which supports smart contracts while retaining ultra-fast throughput. The IronCAP solution comprises a quantum-safe wallet with QNT (“Quantum Native Token”) as the underlying “quantum-safe coins” running on Solana blockchain.

“We have incorporated our IronCAP into a wallet and, ensuring the endpoint is quantum safe. This technology is independent of the type of blockchain in use and can be easily adapted by other public blockchains such as Bitcoin, Ethereum, as well as private business blockchains,” said Andrew Cheung, CEO of 01 Communique, in a press release.

IronCAP technology is protected in the U.S.A. by its patent #11,271,715. A demo of the solution can be found at https://qnt-demo.ironcap.ca/.

How Thales Luna HSM integrates with IronCAP

Thales Luna Network Hardware Security Module together with the optional Luna Functionality Mode (FM) allows you to customize your Luna Network HSM’s functionality to suit the needs of your organization. Functionality Modules consist of your own custom-developed code, loaded and operating within the logical and physical confines of a Luna Network HSM. Custom functionality provided by these FMs can include:

  • new cryptographic algorithms, such as the post-quantum ones selected by NIST
  • security-sensitive code, isolated from the rest of the HSM environment
  • keys and critical parameters managed by the FM, independent from standard PKCS#11 objects, held in tamper-protected persistent storage

IronCAP FM for Luna HSM is designed to allow users of Thales Luna HSM, via industry standard of PKCS#11 interface, to seamlessly utilize IronCAP’s quantum-safe cryptographic functionalities such as key generation, digital signature, signature verification, encryption, decryption, etc. Users of Thales Luna HSMs can take full advantage of the benefits from both worlds allowing Luna HSM’s to safely store private keys while using IronCAP to achieve all the quantum-safety crypto operations.

IronCAP for Luna consists of two main components: IronCAP FM and IronCAP PKCS#11 interface.

  • IronCAP-FM resides in the Luna Network HSM. It contains the IronCAP library for post-quantum cryptography, serving as an extension to legacy cryptography support within the Luna FM.
  • IronCAP’s PKCS#11 interface resides in the client system. This provides an API to crypto functions: key generation, key import/export, data encryption and decryption, data signing and signature verification for both legacy mechanisms, as well as post-quantum mechanisms from IronCAP.

If you want to learn more about how Thales Luna HSM facilitate quantum-safe blockchain today, download the IronCAP case study.

Article by Robert Masterson | Senior Partner Marketing Manager
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Recent development on the #QuantumThreat

Banner-7There is a recent development on the #QuantumThreat

A team from Tsinghua University and Zhejiang University developed a new algorithm and demonstrated that it can factor integers up to 48 bits with just 10 superconducting qubits. Using this as the basis, the team estimated that only 372 qubits would be sufficient to break RSA 2048.  https://www.secrss.com/articles/50595

This development is most significant in that previous studies estimated that 4000+ logical qubits would be needed to factor RSA 2048 [https://www.classiq.io/insights/shors-algorithm-explained].  You may recall that IBM unveiled the Osprey Quantum processor back in Nov 2022, which has 433 qubits.  Consequently, the technology needed to break the RSA cryptographic system is technically available today!

This development highlights the urgency for governments and organisations to commence planning for the transition to Quantum-resistant cryptographic protocol.  While our professor and CTO are studying the technical details of this new algorithm and will share with you further insights in due course, it is something great to write about.

Utilizing the IronCAP™ Toolkits, we have developed the industry’s first quantum-safe email encryption software, IronCAP X™ that everyone can use today on their classical computers. Besides setting a precedent for developing a practical solution using IronCAP™‘s post-quantum cryptography, we can also help vendors to become the First Movers of their respective solutions for the quantum computing era.

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.

#IronCAP is a #Ransomware and #Phishing killer

For newsletter banner - 7IronCAP™ is a “Ransomware killer” because it “kills Phishing”, by adding authenticity to email.

Combining many years of proven expertise in the field, IronCAP™‘s crypto-scientists have created an encryption technology that’s not only quantum-safe but also more efficient and safer than existing cryptography. It is built on the longest time-tested (almost 50 years) Goppa code-based theory recognized by the world of post-quantum cryptography. IronCAP™ has been endorsed by industry experts and proven “un-hackable” in multiple global hackathons.

IronCAP™‘s patent-protected post-quantum cryptography is designed to be used in all kinds of vertical solutions such as digital identity, email/file encryption, remote access/VPN, cloud storage, 5G/IoT, blockchains, financial transactions, etc. IronCAP™ lets you stay ahead of cyber threats today and in the quantum computing era.

To empower vendors to transform their applications or systems seamlessly to quantum-safe, IronCAP™ has developed an API that’s compliant with the PKCS#11 and OpenPGP (RfC4880) industry standard. It is available for all major operating systems: Microsoft Windows, Apple macOS, Linux, Android and Apple iOS.

Utilizing the IronCAP™ Toolkits, we have developed the industry’s first quantum-safe email encryption software, IronCAP X™ that everyone can use today on their classical computers. Besides setting a precedent for developing a practical solution using IronCAP™‘s post-quantum cryptography, we can also help vendors to become the First Movers of their respective solutions for the quantum computing era.

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.

Why do we need #quantum-resistant #algorithms?

Secure (Jun 8 2023)Quantum computers can theoretically crack the encryption algorithms that keep us safe.

Many experts fear that quantum computers could break security algorithms, leaving us open to attack from hackers and fraudsters. There is serious work underway to design new types of algorithms that are resistant to even the most powerful quantum computer we can imagine.

If public-key encryption were broken without a replacement, digital security would be severely compromised. For example, websites use public-key encryption to maintain secure internet connections, so sending sensitive information through websites would no longer be safe. Cryptocurrencies also depend on public-key encryption to secure their underlying blockchain technology, so the data on their ledgers would no longer be trustworthy.

Utilizing the IronCAP™ Toolkits, we have developed the industry’s first quantum-safe email encryption software, IronCAP X™ that everyone can use today on their classical computers. Besides setting a precedent for developing a practical solution using IronCAP™‘s post-quantum cryptography, we can also help vendors to become the First Movers of their respective solutions for the quantum computing era.

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.

#IronCAP featured in the #PwC Booth at 2023 Asian Financial Forum (AFF) HK

Banner-AFF2023#IronCAP featured in the #AFF #PwC Booth

The 16th Asian Financial Forum (AFF) kicked off today on a positive note, attracting over 1,000 participants on day one, including more than 100 global leaders and officials invited as speakers and 19 delegations from Mainland China and overseas. This was also reflected in the results of a poll conducted at the event, in which close to 70% of  respondents indicated a neutral to positive sentiment towards the global economic outlook.

This year’s Forum, themed  Accelerating Transformation: Impact ∙ Inclusion ∙ Innovation, comes hot on the heels of the resumption of quarantine-free travel between Hong Kong and Mainland China, along with Hong Kong’s international business travel returning to normal.

Websites

AFF is Asia’s premier platform for global leaders in government, finance and business to exchange insights, intelligence as well as to explore business and investment opportunities. More than 66,700 viewers from 80 countries and regions had participated the AFF 2022 for thought leadership and business networking, and to experience the latest fintech innovations and next-generation business ideas.

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.

Post-Quantum #Cryptography for #Thales Luna HSM’s

01 Communique Laboratory Inc. has partnered with The Thales Group

Thales Group is a Paris based trusted global technology leader and will integrate IronCAP™ post-quantum cryptography (“PQC”) with Thales Luna HSMs (“Hardware Security Modules”) – providing military grade protection for users’ data and critical applications.

This partnership is designed to develop joint-market quantum-safe cybersecurity solutions. These solutions will be for global businesses, organizations and governments, and will ensure cyber resilience in the post quantum environment.

Thales Luna HSM customers can now add IronCAP™ FM (“Functional Module”) making PQC functionality seamless while conforming with the latest standards set by the National Institute of Standards and Technology (“NIST”).

Quoting Andrew Cheung, CEO of 01 Communique, “PQC systems are essential to protect sensitive data and critical applications from sophisticated attacks; now that Quantum Computers increase the threat. Integration of IronCAP™ with Thales Luna HSMs provide users with an extra layer of security to protect them. Our goal is to partner with Thales, to market the world’s best PQC solutions to enterprises and governments throughout the world – and ensure their clients data and applications are secure.”

“Thales is a trusted global leader in this field with a massive global footprint and their choice of IronCAP speaks to our best-in-class research and execution. This is a game changer both for 01 and the industry as a whole. The birth of a quantum-safe HSM!”, added Andrew Cheung. “It’s vital that businesses understand that many of today’s encryption standards are not fit for a quantum world. Hackers know quantum is coming and are actively working to steal data now so they can access it in the future, and large and multi-national organisations are most at risk due to compliance and privacy mandates. To protect their data in a Zero Trust world, organisations must embrace a strong Post Quantum crypto-agility strategy that looks beyond algorithms, to hybrid solutions that provide future protection today,” said Todd Moore, Vice President, Encryption Products at Thales.

About 01 Communique

01 Communique (TSX-V: ONE; OTCQB: OONEF) is one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era. Its IronCAP™ technology, protected in the U.S.A. by its patent #11,271,715, is a cryptographic system incorporating advanced post-quantum cryptographic technology that can be implemented on classical computer systems as we know them today while at the same time can also safeguard against attacks in the post-quantum world of computing. The Company’s remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings. The remote access offerings are protected in the U.S.A. by its patents #6,928,479 / #6,938,076 / #8,234,701; in Canada by its patents #2,309,398 / #2,524,039 and in Japan by its patent #4,875,094. For more information, visit the Company’s web site at www.ironcap.ca and www.01com.com .

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.

Is the #RSA public-key #encryption system in danger?

Can you break the RSA public-key encryption system using a quantum computer – Yes!

Researchers in China say they have reached a breakthrough in quantum computing. They claim that they have worked out how they can break the RSA public-key encryption system using a quantum computer. They used a quantum computer that  that will soon be publicly available!

Breaking 2048-bit RSA would be extremely significant. Although the RSA algorithm itself has largely been replaced in consumer-facing protocols, such as Transport Layer Security, it is still widely used in older enterprise and operational technology software and in many code-signing certificates. If a malicious adversary were able to generate these signing keys or decrypt the messages protected by RSA then that adversary would be able to snoop on internet traffic as well as potentially pass off malicious code as if it were a legitimate software update, potentially enabling them to seize control of third-party devices.

In a white paper published by the U.K.’s National Cyber Security Centre in November 2020, experts warned that because almost all of today’s widely-used public-key cryptography systems depend for their security on the difficulty of factoring very large numbers, they would be easy to crack with a large-enough general purpose quantum computer.

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.