Preparing For The Quantum Era: How Tech Companies Are Developing Next-Gen Cybersecurity

12 Aug Making ready For The Quantum Period: How Tech Corporations Are Creating Subsequent-Gen Cybersecurity

This week in cybersecurity from the editors at Cybercrime Journal

– Learn the Full MENAFN Story

Sausalito, Calif. – Aug. 12, 2024

The continuing synthetic intelligence (AI) revolution comes with many guarantees of advantages to society and the worldwide economic system. MENAFN studies that with rising use of AI comes dangers, together with extra subtle cybercrime.

In line with a report from Cybersecurity Ventures, cybercrime isn’t solely evolving quickly because of AI, nevertheless it’s estimated that cyberattacks will value the worldwide economic system $9.5 trillion in 2024, and $10.5 trillion in 2025. This 12 months, some massive names have been hit, together with Disney, AT&T, Ticketmaster, Dell, and Financial institution of America.

One main concern in regards to the future is the emergence of quantum computing, which may allow hackers to entry information at present protected by encryption strategies that will not stand up to quantum assaults.

Behind the scenes, tech builders are making large strides in post-quantum cryptography, each for immediately and the long run, with progress being made by firms similar to Scope AI Corp. (CSE: SCPE), Palo Alto Networks, Inc. (NASDAQ: PANW), SentinelOne, Inc. (NYSE: S), Fortinet, Inc. (NASDAQ: FTNT), and even Apple Inc. (NASDAQ: AAPL).

“The quantum cryptography market is at present at $11 billion for 2024, and is projected to develop to $126 billion by 2033,” stated James Younger, CEO of Scope AI.

Learn the Full Story

Cybercrime Journal is Web page ONE for Cybersecurity. Go to any of our sections to learn the most recent:

SCAM. The newest schemes, frauds, and social engineering assaults being launched on shoppers globally.

NEWS. Breaking protection on cyberattacks and information breaches, and the newest privateness and safety tales.

HACK. One other group will get hacked daily. We inform you who, what, the place, when, and why.

VC. Cybersecurity enterprise capital deal stream with the most recent funding exercise from varied sources world wide.

M&A. Cybersecurity mergers and acquisitions together with massive tech, pure cyber, product distributors {and professional} providers.

BLOG. What’s taking place at Cybercrime Journal. Plus the tales that don’t make headlines (however possibly they need to).

PRESS. Cybersecurity business information and press releases in actual time from the editors at Enterprise Wire.

PODCAST. New episodes each day on the Cybercrime Journal Podcast characteristic victims, regulation enforcement, distributors, and cybersecurity consultants.

RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the primary and solely round the clock web radio station dedicated to cybersecurity.

Contact us to ship story suggestions, suggestions and solutions, and for sponsorship alternatives and customized media productions.