Hi! How are you?
This is Andrew Cheung, the President and
CEO of 01 Communique. We haven't
talked for a while. If there's anything
new with you please feel free to drop me
a note and we can chat. Today I would
like to talk about cyber security and to
those of you who don't know
cyber security problems and/or data breaches
has been a huge issue in the last few years
and just to give you a an
idea about the scale recently in
June 2019 alone has seen 39 million
data breaches. The ink about the news
on the Capital One breach is still wet. So I
wonder if any one of you, in the last
maybe one or two years have experienced
personally a data breach, data
loss or anything
stolen online, anything like that.
I believe many of
you have experienced that in the last at
least one or two years and for this
exact same reason we have
dedicated a lot of time in our last few
years to develop IronCAP. Iron cap is
a patent-pending cryptographic system
that can ensure data security in the post
quantum world. Now you might wonder, what are quantum computers? actually a quantum
computer is something very good because it is a breakthrough. It will have
millions of times the computing power of
classical computer systems. Now along with
anything that's good
usually it comes with a dark side. The
dark side of quantum computers is that, the excessive computing power
allows cracking of encryption that has
been trusted for decades. [This encryption] used to
take more than 100 years of
computing
time to crack, so it is used and trusted today. Quantum computers
can string this 100 plus years in to
seconds or minutes. Now,
what does this mean? It means huge
trouble and IronCAP is designed exactly
to tackle this problem to ensure data
securities in the post quantum world.
IronCAP is using code based encryption
technology which is a technique that has
been trusted and has been time-tested for the last few decades
without any mathematic cracking. That's the
fundamental base that IronCAP uses to
develop this system And now you might
ask when will quantum computers really
pose threat to the cybersecurity world?
and I can tell you that quantum computer
has been in development for decades and
large companies like IBM has already
announced their commercial availability
of quantum computer in January this year. Also engineers at Google have
predicted quantum supremacy within 2019
so that means like quantum threat would
come a lot sooner than many experts
would like to believe. Now what does
this mean? It's a huge problem because the
cornerstone of cybersecurity that has
been trusted in the last few decades was
the encryption and digital signature
because for example your credit card are
encrypted your bank transaction has been
encrypted etc etc so if this cornerstone
has been broken by quantum computers
it is easy to imagine
that none of the cyber security measures
matters. IronCAP is designed exactly to
tackle this problem, ensuring data
security in the in the post quantum
world. You might ask how can I start
using iron cap and I can tell you that
we are releasing the iron cap API
application programming interface this
week. So if you own or you build any kind
of application that requires encryption
such as email files blockchain security
remote access VPN 5G / IOT cloud
storage et cetera et cetera
you can seamlessly/very easily transform
your application into being quantum
safe by using iron cap API.
Drop me a note
if you need more information and comment
quantum safe on this post. More information also can be reached at
our website ironcap.CA. Stay tuned for more information
thank you very much and thanks for
joining
