Quantum Xchange, delivering the future of encryption with crypto agility, visibility, and management solutions, today announced that it has been named an IDC Innovator in the report, IDC Innovators: Post Quantum Cryptography, 2024 (Doc #: US52524924).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240917339347/en/
Quantum Xchange is one of only five vendors to be named in the IDC Innovators: Post-Quantum Cryptography, 2024 report. (Photo: Business Wire)
IDC Innovator reports highlight emerging vendors that are offering new technology, a groundbreaking solution to an existing issue, and/or an innovative business model. Since its launch in 2018, Quantum Xchange has been at the forefront of the quantum security industry, helping to create the market category through product innovation, evangelism, and strong global partnerships.
The IDC Innovator report comes when the National Institute for Standards and Technology (NIST) has announced its first three finalized post-quantum cryptography (PQC) algorithms. The new standards are a milestone event for cybersecurity teams and mark a critical step forward in preparing the world’s digital infrastructure for the post-quantum era. NIST is encouraging organizations to begin transitioning to the new PQC standards as soon as possible.
Quantum Xchange is dedicated to helping organizations on their path to quantum readiness, offering a comprehensive crypto management platform to discover and assess cryptographic risk; deploy quantum-proof, diverse, and agile cryptography at every layer; and manage enterprise cryptography holistically and through policy.
Because quantum computers are not yet commercially available to test the NIST standardized algorithms in real-world settings, uncertainties will persist.
“We believe the best way to guard against the quantum threat is to know your enterprise encryption – where it’s weak or outright lacking – using a continuous monitoring tool like CipherInsights. Then embrace crypto-agility and diversification by leveraging an out-of-band key delivery platform like Phio TX that can bring your existing infrastructure into the quantum era easily and affordably,” said Eddy Zervigon, CEO of Quantum Xchange. “We are honored to be recognized as an IDC Innovator for Post Quantum Cryptography.”
To learn more about what the NIST PQC standard means to enterprises, join Quantum Xchange for a live webcast on Sept. 25 at 2:00 p.m. ET. For more information and to register to attend, visit the event page here.
About Quantum Xchange
Quantum Xchange protects the world’s data in motion from advances in computing and everyday cybersecurity risks. Its award-winning, cryptographic management platform, Phio Trusted Xchange (TX) and network monitoring and risk assessment tool, CipherInsights empowers organizations to bring existing IT infrastructure and SD-WAN environments into the post-quantum era easily, affordably, and through policy configuration and control. Commercial enterprises, government agencies, and managed connectivity providers can leverage all NIST-approved PQCs, achieve cryptographic clarity, embrace crypto-agility, diversify risk, and implement cryptographic governance with no bumps in the wire, no latency, no new hardware on the critical path. To learn more about future-proofing your data from whatever threat awaits, watch the explainer video and visit QuantumXC.com for the latest company news and events.
About IDC Innovators
An IDC Innovators report presents a set of vendors – under $100M in annual revenue at the time of selection – chosen by an IDC analyst within a specific market that offer a new technology, a groundbreaking solution to an existing issue, and/or an innovative business model. It is not an exhaustive evaluation or a comparative ranking of all companies, but rather a document that highlights innovative companies in a specific market segment. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240917339347/en/