Juniper Networks provides secure networking
technology for the quantum-safe VPN connectivity solution through a
technology alliance with Arqit
LONDON, Sept. 5, 2023 /PRNewswire/ -- Arqit Quantum Inc.
(Nasdaq: ARQQ, ARQQW) ("Arqit"), a leader in quantum-safe
encryption, today announces the availability of the world's first
integrated solution for quantum-safe VPN communications.
Arqit's QuantumCloud™ is the world's first fully scalable
cloud-based symmetric key agreement platform, capable of creating
zero trust quantum-safe encryption keys at any device. By
integrating QuantumCloud™ with Juniper Networks® vSRX Virtual
Firewall, the resulting solution enables quantum-safe encrypted
connectivity between customer locations, keeping data safe both at
rest and in transit. Arqit's QuantumCloud uses unique symmetric key
agreement software to provide quantum-safe keys which are used by
Juniper SRX devices during the formation of secure tunnels.
Juniper's vSRX Virtual Firewall supports the ETSI 014 standard
and RFC8784 for IPsec, resulting in the first GA product supporting
flexibility and scalability in generating and using symmetric keys
from various sources, including Arqit's symmetric keys.
David Williams, Arqit Founder,
Chairman and CEO said, "It is an honour to work with Juniper.
We're excited to leverage our integration to deliver enhanced
protection against sophisticated cyber attacks of today and
tomorrow. In conjunction with Juniper's vSRX Virtual Firewall, our
strong, simple encryption enables governments and enterprises to
realise enhanced protection against cyber threats and to take a
major step forward in significantly reducing the quantum threat
from their risk registers."
Samantha Madrid, Group Vice
President, Security Business and Strategy at Juniper Networks
said, "Juniper is thrilled to be working with Arqit
through our technology alliance to enable quantum-safe encrypted
connectivity using the QuantumCloud Platform. It is imperative that
innovation efforts continue in cybersecurity as threats continue to
proliferate in tandem with the pace of digitalisation. Juniper and
Arqit are paving the way for safe and reliable cybersecurity
solutions to deliver the best experience for organisations and
businesses."
Notes to Editors
"Store-now, decrypt-later" is a known threat:
- UK National Cyber Security Centre (NCSC): "The threat to
key agreement is that an adversary collecting encrypted data today
would be able to decrypt it in future, should they have access to a
CRQC [Cryptographically Relevant Quantum Computer]" (NCSC,
Preparing for Quantum-Safe Cryptography whitepaper, 11 November 2020, link).
- US Congress: "The rapid progress of quantum
computing suggests the potential for adversaries of the United States to steal sensitive encrypted
data today using classical computers and wait until sufficiently
powerful quantum systems are available to decrypt it" (Congress,
Quantum Computing Cybersecurity Preparedness Act, 21 December 2022, link).
- GSM Association (GSMA): "The quantum threat presents
multiple high-impact risks for the telecom industry and its users.
Prior to the availability of a Cryptographically Relevant Quantum
Computer (CRQC), motivated bad actors may harvest data and store it
to decrypt it once quantum computing capabilities become available.
This attack undermines data security with long-lived
confidentiality needs, such as corporate IP, state secrets or
individual bio-data. It is widely believed that some actors are
already engaging in this type of attack" (GSMA, Post Quantum Telco
Network Impact Assessment Whitepaper, 17
February 2023, link).
Symmetric cryptography is a solution that can be implemented
right now and can be used for both encryption and key
exchange:
- UK National Cyber Security Centre (NCSC): "In contrast
with PKC [public-key cryptography], the security of symmetric
cryptography is not significantly impacted by quantum computers,
and with suitable key sizes, existing symmetric algorithms - such
as AES - can continue to be used" (NCSC, Preparing for Quantum-Safe
Cryptography, 11 November 2020,
link).
The US Government has already directed their agencies to
implement symmetric-key protections for National Security Systems
(NSS):
- The White House: "By December 31,
2023, agencies maintaining NSS shall implement symmetric-key
protections (e.g., High Assurance Internet Protocol Encryptor
(HAIPE) exclusion keys or 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
Vulnerable Cryptographic Systems, 4 May
2022, link).
About Arqit
Arqit supplies a unique Symmetric Key Agreement
Platform-as-a-Service which makes the communications links of any
networked device, cloud machine or data at rest secure against both
current and future forms of attack on encryption – even from a
quantum computer. Arqit's Symmetric Key Agreement Platform delivers
a lightweight software agent that allows devices to create
encryption keys locally in partnership with any number of other
devices. The keys are computationally secure and operate over zero
trust networks. It can create limitless volumes of keys with any
group size and refresh rate and can regulate the secure entrance
and exit of a device in a group. The agent is lightweight and will
thus run on the smallest of end point devices. The Product sits
within a growing portfolio of granted patents but also works in a
standards compliant manner which does not oblige customers to make
a disruptive rip and replace of their technology. Arqit was
recently awarded the Innovation in Cyber award at the UK National
Cyber Awards and Cyber Security Software Company of the Year Award
at the UK Cyber Security Awards. www.arqit.uk
Media relations enquiries:
Arqit:
pr@arqit.uk
Gateway: arqit@gateway-grp.com
Investor relations enquiries:
Arqit:
investorrelations@arqit.uk
Gateway: arqit@gateway-grp.com
Caution About Forward-Looking Statements
This communication includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical facts,
may be forward-looking statements. These forward-looking statements
are based on Arqit's expectations and beliefs concerning future
events and involve risks and uncertainties that may cause actual
results to differ materially from current expectations. These
factors are difficult to predict accurately and may be beyond
Arqit's control. Forward-looking statements in this communication
or elsewhere speak only as of the date made. New uncertainties and
risks arise from time to time, and it is impossible for Arqit to
predict these events or how they may affect it. Except as required
by law, Arqit does not have any duty to, and does not intend to,
update or revise the forward-looking statements in this
communication or elsewhere after the date this communication is
issued. In light of these risks and uncertainties, investors should
keep in mind that results, events or developments discussed in any
forward-looking statement made in this communication may not occur.
Uncertainties and risk factors that could affect Arqit's future
performance and 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 instituted against the
Arqit related to the business combination, (ii) the ability to
maintain the listing of Arqit's securities on a national securities
exchange, (iii) changes in the competitive and regulated industries
in which Arqit operates, variations in operating performance across
competitors and changes in laws and regulations affecting Arqit's
business, (iv) the ability to implement business plans, forecasts,
and other expectations, and identify and realise additional
opportunities, (v) the potential inability of Arqit to convert its
pipeline into contracts or orders in backlog into revenue, (vi) the
potential inability of Arqit to successfully deliver its
operational technology, (vii) the risk of interruption or failure
of Arqit's information technology and communications system, (viii)
the enforceability of Arqit's intellectual property, and (ix) other
risks and uncertainties set forth in the sections entitled "Risk
Factors" and "Cautionary Note Regarding Forward-Looking Statements"
in Arqit's annual report on Form 20-F (the "Form 20-F"), filed with
the U.S. Securities and Exchange Commission (the "SEC") on
14 December 2022 and in subsequent
filings with the SEC. While the list of factors discussed above and
in the Form 20-F and other SEC filings are considered
representative, no such list should be considered to be a complete
statement of all potential risks and uncertainties. Unlisted
factors may present significant additional obstacles to the
realisation of forward-looking statements.
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