LONDON, Jan. 10, 2024 (Globe Newswire) — Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), the leader in quantum-secure cryptography, today announced that Phalanx Solutions (Phalanx), a trusted company, announced a resale agreement with Provider of security, compliance, and technology solutions for Arqit’s symmetric key agreement platform and NetworkSecure™ Adapter.
Businesses face growing threats from cyber attackers and must take urgent steps to strengthen encryption in a world of always-connected devices. Arqit’s Platform as a Service creates symmetric cryptographic keys that are low-cost, easy to integrate with dynamic rotational authentication, and unbreakable even by quantum attacks. Arqit’s standards-compliant technology is now available to Phalanx clients as a deployable solution.
Phalanx Solutions is a leading provider of a comprehensive suite of cybersecurity, compliance, and IT solutions focused on empowering businesses through technology. Their solutions are based on the integration of various elements to strengthen their clients’ security posture and provide them with the tools they need to thwart modern adversaries.
David Williams, founder, chairman and CEO of Arqit, said:
“Companies need confidence that they can protect their data against current and future cyber threats. Compliant with NSA standards and secure against quantum attacks, Arqit’s proprietary encryption technology protection and enable businesses to take simple steps to strengthen their networks. We are pleased to partner with Phalanx to bring our technology to our customers.”
said Daniel Horton, president of Phalanx Solutions.
“We are excited to offer our clients Arqit’s breakthrough technology, which provides end-to-end quantum-secure encryption for data and communications, unlike anything else on the market. A trusted partner. As a company, we are committed to protecting our clients and providing them with the best solutions available. The Arqit solution is critical to all of our federal and commercial clients and will be a game-changer in their security posture.”
Note to editor
The US government acknowledges the quantum threat.
- White House: “When available, CRQC [cryptanalytically relevant quantum computer] It can compromise civilian and military communications, weaken critical infrastructure monitoring and control systems, and defeat most security protocols for internet-based financial transactions. ” System, May 4, 2022, link).
“Save now, decrypt later” is a known threat and concern for data with long-term value.
- US Congress: “Rapid advances in quantum computing will allow adversaries of the United States today to use classical computers to steal sensitive encrypted data until quantum systems powerful enough to decrypt it are available. (Congress, Quantum Computing Cybersecurity Preparedness Act, December 21, 2022), link).
Symmetric encryption is a solution that can be implemented now and used for both encryption and key exchange.
- US National Security Agency (NSA): “NSA believes that using pre-shared symmetric keys in a standards-compliant manner is a better near-term post-quantum solution than implementing experimental post-quantum asymmetric algorithms.” (NSA , Commercial National Security Algorithm Suite 2.0 and Quantum Computing, September 7, 2022), link).
The US government has already directed its agencies to implement symmetric key protection in their National Security Systems (NSS).
- White House: “By December 31, 2023, institutions maintaining NSS: Symmetric key protection (e.g., High Assurance Internet Protocol Encryption (HAIPE) exclusion keys and VPN symmetric key solutions) to provide additional protection for quantum-vulnerable key exchanges. ” (The White House, National Security Memorandum on Promoting United States Leadership in Quantum Computing While Mitigating Risks to Quantum Computing Vulnerable Cryptographic Systems, May 4, 2022, link).
About Archit
Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit) is a proprietary cryptographic platform that secures communication links for networked devices, cloud machines, and data-at-rest against current and future cryptographic attacks. is provided as a service. Also from quantum computers. Compliant with NSA standards, Arqit’s symmetric key agreement platform provides a lightweight software agent that allows devices to work with any number of other devices to locally create encryption keys. The keys are computationally secure and run on a Zero Trust network. You can create an unlimited amount of keys with any group size and refresh rate, and regulate the secure entry and exit of devices within the group. The agent is lightweight, so it runs on the smallest endpoint device. This product is part of a growing portfolio of patented patents. It also operates in a standards-compliant manner so customers don’t have to disruptively remove and replace technology. Recognized for groundbreaking innovation at the 2023 Institution of Engineering and Technology Awards, Arqit was awarded the Innovation in Cyber Award at the National Cyber Awards and the Cyber Security Software Company of the Year at the Cyber Security Awards. It has also received an award. Arqit is certified to ISO 27001 standards. www.arqit.uk
Media inquiries:
Archit: pr@arqit.uk
gateway: arqit@gateway-grp.com
Inquiries regarding investor information:
Archit: investorrelations@arqit.uk
gateway: arqit@gateway-grp.com
About Phalanx Solutions
Phalanx Solutions is headquartered in Herndon, Virginia. It is named after the “shield wall” of ancient Greek warriors. Our solution is built on the Phalanx model. The Phalanx model stands shoulder to shoulder with stalwart defenders, building an impenetrable shield and using modern, proven tactics to protect your enterprise. Our services are based on the integration of various elements to strengthen our customers’ security posture and provide them with the tools they need to thwart modern adversaries. PHALANX Solutions is committed to providing our partners with the only line of defense they need against cybersecurity threats.
Website: https://getphalanxsolutions.com
Email: QuantumEncryption@PhalanxSolutions.com
Address: 13800 Coppermine Road, Herndon, VA 20171
Phone: (888) 877-7199
media contact
phalanx solution
+1 888-877-7199
MediaRelations@PhalanxSolutions.com
Caution regarding forward-looking statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact may be forward-looking statements. These forward-looking statements are based on his Arqit’s expectations and beliefs regarding future events and involve risks and uncertainties that could cause actual results to differ materially from current expectations. . These factors are difficult to predict with precision and may be beyond Arqit’s control. Forward-looking statements in this communication or elsewhere speak only as of the date on which they are made. New uncertainties and risks arise from time to time, and it is not possible for Arqit to predict these events or how they will affect you. Except as required by law, Arqit undertakes no obligation, and does not intend, to update or revise any forward-looking statements in this notice or elsewhere after the date of this notice. Given these risks and uncertainties, investors should be aware that the results, events or developments discussed in the forward-looking statements made in this communication may not occur. there is. Uncertainties and risk factors that could affect Arqit’s future performance and that could cause results to differ from the forward-looking statements in this release include, but are not limited to: . (i) the outcome of any legal proceedings that may be brought against Arqit; ii) the ability of Arqit to maintain the listing of its securities on national stock exchanges; and (iii) the competitive industry and regulations in which Arqit operates. changes in the industry, fluctuations in performance among competitors and changes in laws and regulations affecting Arqit’s business; (iv)) implementing business plans, forecasts and other expectations and identifying and realizing additional opportunities; (v) the possibility that Arqit may not be able to successfully provide its operational technology; (vi) the risk of interruption or failure of Arqit’s information technology; and (vii) the enforceability of Arqit’s intellectual property; viii) other risks and uncertainties described in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s Annual Report on Form 20-F. (“Form 20-F”), filed with the U.S. Securities and Exchange Commission (“SEC”) on November 21, 2023, and subsequently filed with the SEC. Although the list of factors discussed above and in our Form 20-F and other SEC filings is considered representative, such list is not a complete description of all potential risks and uncertainties. should not be considered to be. Factors not listed may create additional material obstacles to the realization of forward-looking statements.