UK cybersecurity startup PQShield raises $37M for post-quantum cryptography
Leading post-quantum cryptography (PQC) startup PQShield today announced a Series B raise of $37mn. This comes as organisations and businesses hasten to get “quantum-ready,” ahead of the first PQC standards being released in a few weeks time. While today’s NISQ era quantum computers are not a danger to traditional means of encryption, future machines have been identified by among others the NSA as a threat to cybersecurity. Once they become powerful enough, quantum computers could break most cryptographic schemes. Hence the need for post-quantum cryptography. PQC aims to develop new cryptographic systems that will remain secure even from cyber attacks…This story continues at The Next Web
Leading post-quantum cryptography (PQC) startup PQShield today announced a Series B raise of $37mn. This comes as organisations and businesses hasten to get “quantum-ready,” ahead of the first PQC standards being released in a few weeks time. While today’s NISQ era quantum computers are not a danger to traditional means of encryption, future machines have been identified by among others the NSA as a threat to cybersecurity. Once they become powerful enough, quantum computers could break most cryptographic schemes. Hence the need for post-quantum cryptography. PQC aims to develop new cryptographic systems that will remain secure even from cyber attacks…
This story continues at The Next Web