Quantum-secure encryption company, Qrypt, has joined NVIDIA Inception, a programme supporting startups with technological advancements. Qrypt aims to protect data integrity and confidentiality in complex AI-driven environments using quantum-secure encryption technology. The company is addressing the “harvest now, decrypt later” risk, where encrypted data stored today could be decrypted in the future with advanced quantum computers. Qrypt’s quantum entropy sources generate perfect keys at multiple endpoints for end-to-end encryption without key distribution, eliminating this risk. The partnership with NVIDIA Inception will support Qrypt’s growth and product innovation, securing the AI industry against quantum threats.
Qrypt Joins NVIDIA Inception Program
Qrypt, a company specializing in quantum-secure encryption, has announced its acceptance into NVIDIA Inception, a program designed to support startups that are revolutionizing industries through technological advancements. Qrypt’s primary focus is on ensuring the integrity and confidentiality of data as it navigates through increasingly complex AI-driven environments.
Quantum Threat to Data Security
The rise of generative AI and large language models (LLMs) has amplified the need to secure increasingly valuable data in-transit. This need is further intensified by the looming quantum threat, particularly the “harvest now, decrypt later” (HNDL) risk. This risk involves adversaries storing encrypted data today with the intention of decrypting it in the future using more advanced quantum computers. Qrypt’s involvement with NVIDIA Inception is aimed at strengthening data security against both immediate and future threats.
Qrypt’s Quantum-Secure Encryption Technology
Denis Mandich, the chief technology officer and co-founder of Qrypt, stated that quantum computing will eventually break all the classical encryption technologies used in data transport. This includes potentially most of the post-quantum cryptography algorithms currently under review for standardization. This puts every data asset at risk of being compromised. Qrypt’s quantum entropy sources generate perfect keys simultaneously at multiple endpoints to enable end-to-end encryption without key distribution. This eliminates the risk of HNDL, securing the AI industry and its valuable data assets against the quantum threat today.
NVIDIA Inception’s Role in Startup Growth
NVIDIA Inception is designed to assist startups during critical stages of product development, prototyping, and deployment. Each member of the Inception program receives a custom set of ongoing benefits. These include NVIDIA Deep Learning Institute credits, preferred pricing on NVIDIA hardware and software, and technological assistance. These resources provide startups with the fundamental tools to help them grow.
Qrypt’s Growth and Product Innovation
By leveraging the resources made available through the NVIDIA Inception program, Qrypt aims to support its fast-paced growth and product innovation. The company’s goal is to become a critical security partner for the AI industry, providing quantum-secure encryption technology to safeguard valuable data assets.
“Quantum computing will eventually break all the classical encryption technologies used in data transport, and potentially most of the post-quantum cryptography algorithms under review for standardization, putting every data asset at risk of being compromised,” said Denis Mandich, chief technology officer and co-founder, Qrypt. “Qrypt’s quantum entropy sources generate perfect keys simultaneously at multiple endpoints to enable end-to-end encryption without key distribution, eliminating the risk of HNDL. By leveraging the benefits provided through NVIDIA Inception, we can secure the AI industry and its valuable data assets against the quantum threat today.”
Summary
Quantum-secure encryption company, Qrypt, has joined NVIDIA Inception, a programme that supports startups with technological advancements, to enhance the security of data in increasingly complex AI-driven environments. The partnership aims to fortify data security against both immediate and future threats, including the ‘harvest now, decrypt later’ risk, using quantum-secure encryption technology to protect data from vulnerabilities.
- Quantum-secure encryption company, Qrypt, has joined NVIDIA Inception, a program that supports startups with technological advancements.
- Qrypt aims to protect the integrity and confidentiality of data, particularly in complex AI-driven environments, using quantum-secure encryption technology.
- The rise of generative AI and large language models (LLMs) has increased the need for secure data in-transit, especially as these technologies rely on multiple data repositories.
- The threat of quantum computing, which could potentially break all classical encryption technologies, is a significant concern. This includes the “harvest now, decrypt later” (HNDL) risk, where adversaries store encrypted data to decrypt it in the future with more advanced quantum computers.
- Qrypt’s technology generates perfect keys simultaneously at multiple endpoints to enable end-to-end encryption without key distribution, eliminating the risk of HNDL.
- Denis Mandich, CTO and co-founder of Qrypt, emphasises the company’s commitment to securing the AI industry and its valuable data assets against the quantum threat.
- NVIDIA Inception provides startups with benefits such as preferred pricing on NVIDIA hardware and software, and technological assistance, which will support Qrypt’s growth and product innovation.
