QuintessenceLabs

Last updated
QuintessenceLabs
Company type Private company
Industry Computer security, Internet security, Cybersecurity
Founded2008  OOjs UI icon edit-ltr-progressive.svg
FoundersVikram Sharma
Headquarters Canberra, Australia
Key people
CEO: Vikram Sharma
Website www.quintessencelabs.com

QuintessenceLabs Pty Ltd. (or QuintessenceLabs) is a cybersecurity company headquartered in Canberra, Australia with offices in San Jose, California. QuintessenceLabs produces encryption key and policy management products that conform to the Key Management Interoperability Protocol (KMIP), [1] as well as a hardware random number generator, development of a quantum key distribution (QKD) system, and other encryption solutions that include automatic key zeroization. [2]

The company was founded in 2008 by Dr Vikram Sharma, following research on quantum technology conducted at The Australian National University by Sharma, Thomas Symul, Andrew Lance and Ping Koy Lam.

Westpac Group, a major investor, extended two rounds of funding to QuintessenceLabs in 2015 and 2017, respectively. [3]

In July 2017, QuintessenceLabs received a grant of AU$3.26M from the Australian Department of Defence's Innovation Hub to develop a free-space quantum key distribution system. [4]

Related Research Articles

<span class="mw-page-title-main">Encryption</span> Process of converting plaintext to ciphertext

In cryptography, encryption is the process of transforming information in a way that, ideally, only authorized parties can decode. This process converts the original representation of the information, known as plaintext, into an alternative form known as ciphertext. Despite its goal, encryption does not itself prevent interference but denies the intelligible content to a would-be interceptor.

<span class="mw-page-title-main">One-time pad</span> Encryption technique

In cryptography, the one-time pad (OTP) is an encryption technique that cannot be cracked, but requires the use of a single-use pre-shared key that is larger than or equal to the size of the message being sent. In this technique, a plaintext is paired with a random secret key. Then, each bit or character of the plaintext is encrypted by combining it with the corresponding bit or character from the pad using modular addition.

<span class="mw-page-title-main">Public-key cryptography</span> Cryptographic system with public and private keys

Public-key cryptography, or asymmetric cryptography, is the field of cryptographic systems that use pairs of related keys. Each key pair consists of a public key and a corresponding private key. Key pairs are generated with cryptographic algorithms based on mathematical problems termed one-way functions. Security of public-key cryptography depends on keeping the private key secret; the public key can be openly distributed without compromising security.

Quantum key distribution (QKD) is a secure communication method that implements a cryptographic protocol involving components of quantum mechanics. It enables two parties to produce a shared random secret key known only to them, which then can be used to encrypt and decrypt messages. The process of quantum key distribution is not to be confused with quantum cryptography, as it is the best-known example of a quantum-cryptographic task.

A key in cryptography is a piece of information, usually a string of numbers or letters that are stored in a file, which, when processed through a cryptographic algorithm, can encode or decode cryptographic data. Based on the used method, the key can be different sizes and varieties, but in all cases, the strength of the encryption relies on the security of the key being maintained. A key's security strength is dependent on its algorithm, the size of the key, the generation of the key, and the process of key exchange.

<span class="mw-page-title-main">Symmetric-key algorithm</span> Algorithm

Symmetric-key algorithms are algorithms for cryptography that use the same cryptographic keys for both the encryption of plaintext and the decryption of ciphertext. The keys may be identical, or there may be a simple transformation to go between the two keys. The keys, in practice, represent a shared secret between two or more parties that can be used to maintain a private information link. The requirement that both parties have access to the secret key is one of the main drawbacks of symmetric-key encryption, in comparison to public-key encryption. However, symmetric-key encryption algorithms are usually better for bulk encryption. With exception of the one-time pad they have a smaller key size, which means less storage space and faster transmission. Due to this, asymmetric-key encryption is often used to exchange the secret key for symmetric-key encryption.

A cryptographically secure pseudorandom number generator (CSPRNG) or cryptographic pseudorandom number generator (CPRNG) is a pseudorandom number generator (PRNG) with properties that make it suitable for use in cryptography. It is also referred to as a cryptographic random number generator (CRNG).

Articles related to cryptography include:

<span class="mw-page-title-main">RSA Security</span> American computer security company

RSA Security LLC, formerly RSA Security, Inc. and trade name RSA, is an American computer and network security company with a focus on encryption and encryption standards. RSA was named after the initials of its co-founders, Ron Rivest, Adi Shamir and Leonard Adleman, after whom the RSA public key cryptography algorithm was also named. Among its products is the SecurID authentication token. The BSAFE cryptography libraries were also initially owned by RSA. RSA is known for incorporating backdoors developed by the NSA in its products. It also organizes the annual RSA Conference, an information security conference.

The security of cryptographic systems depends on some secret data that is known to authorized persons but unknown and unpredictable to others. To achieve this unpredictability, some randomization is typically employed. Modern cryptographic protocols often require frequent generation of random quantities. Cryptographic attacks that subvert or exploit weaknesses in this process are known as random number generator attacks.

Ransomware is a type of cryptovirological malware that permanently blocks access to the victim's personal data unless a ransom is paid. While some simple ransomware may lock the system without damaging any files, more advanced malware uses a technique called cryptoviral extortion. It encrypts the victim's files, making them inaccessible, and demands a ransom payment to decrypt them. In a properly implemented cryptoviral extortion attack, recovering the files without the decryption key is an intractable problem, and difficult-to-trace digital currencies such as paysafecard or Bitcoin and other cryptocurrencies are used for the ransoms, making tracing and prosecuting the perpetrators difficult.

<span class="mw-page-title-main">Random number generation</span> Producing a sequence that cannot be predicted better than by random chance

Random number generation is a process by which, often by means of a random number generator (RNG), a sequence of numbers or symbols that cannot be reasonably predicted better than by random chance is generated. This means that the particular outcome sequence will contain some patterns detectable in hindsight but impossible to foresee. True random number generators can be hardware random-number generators (HRNGs), wherein each generation is a function of the current value of a physical environment's attribute that is constantly changing in a manner that is practically impossible to model. This would be in contrast to so-called "random number generations" done by pseudorandom number generators (PRNGs), which generate numbers that only look random but are in fact predetermined—these generations can be reproduced simply by knowing the state of the PRNG.

<span class="mw-page-title-main">ID Quantique</span> Swiss tech company

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<span class="mw-page-title-main">Quantum technology</span> Emerging technologies built on quantum mechanics

Quantum technology is an emerging field of physics and engineering, encompassing technologies that rely on the properties of quantum mechanics, especially quantum entanglement, quantum superposition, and quantum tunneling. Quantum computing, sensors, cryptography, simulation, measurement, imaging, quantum energy generators and space navigation are all examples of emerging quantum technologies. The development of quantum technologies also heavily impacts established fields such as space exploration, the sustainable energy & cleantech sector, nanomanufacturing, semiconductors and laser technology.

Post-quantum cryptography (PQC), sometimes referred to as quantum-proof, quantum-safe, or quantum-resistant, is the development of cryptographic algorithms that are thought to be secure against a cryptanalytic attack by a quantum computer. The problem with popular algorithms currently used in the market is that their security relies on one of three hard mathematical problems: the integer factorization problem, the discrete logarithm problem or the elliptic-curve discrete logarithm problem. All of these problems could be easily solved on a sufficiently powerful quantum computer running Shor's algorithm or even faster and less demanding alternatives.

Quantum cryptography is the science of exploiting quantum mechanical properties to perform cryptographic tasks. The best known example of quantum cryptography is quantum key distribution, which offers an information-theoretically secure solution to the key exchange problem. The advantage of quantum cryptography lies in the fact that it allows the completion of various cryptographic tasks that are proven or conjectured to be impossible using only classical communication. For example, it is impossible to copy data encoded in a quantum state. If one attempts to read the encoded data, the quantum state will be changed due to wave function collapse. This could be used to detect eavesdropping in quantum key distribution (QKD).

William "Chuck" Easttom II is an American computer scientist specializing in cyber security, cryptography, quantum computing, and systems engineering.

Quantinuum is a quantum computing company formed by the merger of Cambridge Quantum and Honeywell Quantum Solutions. The company's H-Series trapped-ion quantum computers set the highest quantum volume to date of 1,048,576 in April 2024. This architecture supports all-to-all qubit connectivity, allowing entangled states to be created between all qubits, and enables a high fidelity of quantum states.

Random-resistor-random-temperature Kirchhoff-law-Johnson-noise key exchange, also known as RRRT-KLJN or simply KLJN, is an approach for distributing cryptographic keys between two parties that claims to offer unconditional security. This claim, which has been contested, is significant, as the only other key exchange approach claiming to offer unconditional security is Quantum key distribution.

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References

  1. "KMIP Implementations known to the KMIP TC". OASIS KMIP.
  2. "QuintessenceLabs getting truly random with quantum security". ZDNet.
  3. "Westpac Group ups stake in quantum security company". ComputerWorld.
  4. "Defence awards AU$3.26m to QuintessenceLabs for quantum cyber development". ZDNet.