Welcome to the latest edition of the Quantum Era Security Times; brought to you by IDQ, the world leaders in quantum-safe cryptography solutions.
With global interest in quantum technologies growing, we are delighted to announce a new partnership with China Quantum Technologies (QTEC) to bring our quantum encryption products to the Chinese market.
Congratulations to Hugo Zbinden, co-founder of ID Quantique, who is the recipient of the 2016 Heinrich-Greinacher Prize from the Physical Institute of the University of Bern.
In the wake of the UK Tesco Bank data breach, we explore the potential impact of the new EU General Data Protection Regulations; in particular the increased scale of financial penalties.
QTEC and IDQ’s partnership will bring quantum encryption to the Chinese market and speaks to the growing demand for quantum security technologies.
IDQ’s technology will be adapted for the specific needs of the Chinese market and will be focused on supplying QRNG and QKD systems for the development of the extensive quantum communications backbone being built in the country.
Prof. Hugo Zbinden, co-founder of ID Quantique, has been awarded the 2016 Heinrich-Greinacher prize from the Physical Institute of the University of Bern.
The award, in part, recognises the great strides made in applying quantum physical theory to the development of real-world quantum cryptography applications, which have been successfully commercialised and marketed by ID Quantique.
First proposed in January 2012, and approved in April 2016, the GDPR is designed to unify data protection rules across Europe and enforce compliance obligations.
Set to become law in May 2018, one of the major talking points of the legislation has been the hefty financial penalties proposed as a result of non-compliance. Organisations suffering a data breach can expect to be fined up to 4% of their annual turnover.