Equity Insider News Commentary
Issued on
behalf of Scope Technologies Corp.
VANCOUVER, BC, June 5, 2025
/PRNewswire/ -- Equity Insider News Commentary –
A breakthrough in quantum computing has just collapsed the timeline
for breaking encryption. According to a new report in
NewScientist, quantum computers may soon be able to crack
RSA — the backbone of most modern encryption — in just 8 hours
using 1 million qubits. That's a staggering leap from earlier
estimates of 20 million qubits, and it's prompting experts to warn
that a quantum-cryptography reckoning could be closer than anyone
thought. Analysts at Grand View Research expect the
post-quantum cryptography market to grow at 37.6% annually through
2030, while Research and Markets projects an even steeper
CAGR of 41.47%, hitting US$17.69
billion by decade's end. For retail investors, the shift is
already creating new entry points, with recent developments from
innovators including Scope Technologies Corp. (CSE: SCPE)
(OTCQB: SCPCF), Palo Alto Networks, Inc. (NASDAQ: PANW),
WISeKey International Holding AG (NASDAQ: WKEY), SEALSQ
Corp (NASDAQ: LAES), and Check Point Software Technologies
Ltd. (NASDAQ: CHKP).
The global cybersecurity market is on track to hit US$562.7 billion by 2032, growing at a 14.3%
annual clip, according to Fortune Business Insights. In
healthcare alone, cybersecurity is expanding even faster, with
Medi-Tech Insights projecting 18% CAGR across the
sector.
Fortune Business Insights expects the broader global
cybersecurity sector to top US$562.7
billion by 2032, expanding at a 14.3% CAGR. Within the
healthcare sector, cyber security is growing even faster
(18%)— according to Medi-Tech Insights.
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) today
announced a major leadership transition, appointing Ted Carefoot as its new Chief Executive
Officer. Carefoot, who previously served as Scope's VP of
Product, brings over two decades of experience in cybersecurity,
AI, and regulatory frameworks, including executive roles at
Electronic Arts and Disney Online Studios Canada.
"Ted's leadership, industry experience, and deep expertise in
risk management and regulatory standards make him the ideal person
to guide Scope into this future," said former CEO
James Young, who will remain with
Scope in an advisory role, praising the transition. "I have
full confidence in his ability to scale the company and deliver on
our mission."
Carefoot is certified in Governance, Risk & Compliance
(GRC), Integrated Data Privacy, and Risk Management Framework (RMF)
implementation—credentials that position him well to lead
Scope's next phase of quantum-security growth.
"I'm honored to step into this role at such a pivotal time,"
said Carefoot. "With quantum computing threats becoming a reality,
businesses and governments must act now to safeguard their data. I
look forward to leading Scope's talented team as we help
organizations future-proof their security infrastructure against
these emerging threats."
Scope Technologies is the developer of QSE (Quantum
Security Entropy), a decentralized cloud platform
built to withstand both current and next-generation cybersecurity
threats. QSE uses quantum-resilient encryption, zero-trust
architecture, round-trip encryption, and entropy-based randomness
to protect communications and files from interception, tampering,
or post-quantum decryption attempts. Internal benchmarks indicate
that QSE can handle millions of encrypted messages per
second, combining the scale of high-volume platforms with
end-to-end quantum-resistant encryption.
Unlike legacy cybersecurity platforms retrofitted for modern
threats, QSE was designed from the ground up to address
tomorrow's vulnerabilities—particularly the "harvest now, decrypt
later" risk posed by emerging quantum computers. The platform
offers both enterprise-grade features and user-friendly tools for
retail adoption, including encrypted file storage, HIPAA-aligned
compliance, and secure messaging.
Scope has steadily advanced QSE's
capabilities. In Q1 2025, the company implemented major upgrades to
boost platform redundancy, performance, and load
capacity—supporting rising demand from institutional and private
users. A full website and brand relaunch for QSE Group
followed shortly after, streamlining the interface, clarifying
access points, and integrating tools like the Quantum Preparedness
Assessment (QPA).
A mobile app is currently in development, designed to extend
QSE's quantum-resilient messaging and file-sharing features to
regulated industries including healthcare, legal, and finance. The
app will feature full round-trip encryption and white-label options
for partners seeking to offer their clients next-gen privacy tools
without exposing metadata, activity logs, or third-party
surveillance points.
"We believe the future of digital communication demands more
than just end-to-end encryption—it requires an entirely new
paradigm of security and autonomy," said Sean Prescott, Founder and CTO of Scope
Technologies. "Our mobile app will empower clients to offer a
trusted digital experience to their employees and customers. This
is a major step toward a truly decentralized and
quantum-resilient future."
Scope has also joined forces with World Cyber
Health (WCH), the global nonprofit behind Malware
Village, to promote international standards for post-quantum
cybersecurity. As part of this collaboration, Scope will
contribute expertise from the QSE platform to help public and
private sector leaders prepare for quantum-era threats through
education, advocacy, and industry-wide knowledge sharing.
As well, Scope has also expanded its distribution
network, adding enterprise resellers across Europe and Asia. Key partnerships with Asia-Pacific distributor COGITO and
Swedish Microsoft partner Coegi Cloud AB now give the
company reach into over 40,000 institutional users globally.
On the financial front, Scope completed a $2.8 million capital raise earlier this year,
with strategic backing from First Majestic Silver Corp., a
former pilot customer that has since become a key investor. The
second tranche of that funding closed in April and will support
client onboarding and the QSE Mobile App rollout.
With post-quantum cryptography standards moving from theory to
policy, Scope is gaining traction as a purpose-built
solution in a sea of retrofits. Its momentum across enterprise,
compliance, and infrastructure suggests it's not only ready for the
coming quantum era—but may already be ahead of it.
CONTINUED… Read this and more news for Scope AI
at: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
Palo Alto Networks, Inc. (NASDAQ: PANW) is warning that
quantum-enabled cyberattacks are no longer theoretical, with global
adversaries already harvesting encrypted data in anticipation of
future decryption.
"Harvest now, decrypt later is a threat that's already in
motion," said Jesper Olsen, Chief
Security Officer EMEA North at Palo Alto Networks.
"Encrypted data is being stolen today with the expectation that it
will be readable tomorrow."
The company is calling for immediate action, including
encryption audits and phased implementation of post-quantum
cryptography standards.
WISeKey International Holding AG (NASDAQ: WKEY) is
advancing its quantum-secure space strategy with the planned launch
of WISeSat 3.0, the first satellite to carry SEALSQ Corp's
(NASDAQ: LAES) Quantum RootKey hardware module. Scheduled for
mid-June, the launch represents a significant step toward
space-based post-quantum key distribution, supporting encrypted
satellite control, data transmission, and global IoT
onboarding.
WISeSat's multi-layered cryptographic architecture will
use NIST-standardized algorithms like CRYSTALS-Kyber and Dilithium
to defend against both classical and quantum cyberattacks. The
company aims to build a full satellite constellation by 2027 to
support its "Satellite-as-a-Service" platform.
Check Point Software Technologies Ltd. (NASDAQ: CHKP)
recently unveiled its next-generation Quantum Smart-1 Management
Appliances, featuring major upgrades in performance, scalability,
and AI-driven security management. Designed for hybrid enterprises,
the new models support up to 10,000 gateways, process logs 70%
faster, and offer built-in tools for compliance, threat detection,
and policy insights. Integrated with over 250 third-party systems,
the appliances deliver unified visibility and automation through
Check Point's Infinity Platform.
"Security teams today face more pressure than ever — from rising
AI-generated threats to managing fragmented infrastructures," said
Nataly Kremer, Chief Product Officer
at Check Point. "Our new Quantum Smart-1 Management
Appliances combine AI, speed, precision, and automation to help
organizations manage on-premise, cloud, and distributed IT
deployments — faster and smarter.
The company says the update addresses rising complexity as
AI-powered attacks and distributed infrastructures reshape
cybersecurity requirements.
Article Sources:
https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
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