Arqit and SecureCloud+ partner to deliver cyber resilience using Symmetric Key Agreement

LONDON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and SecureCloud+, the leading provider of Secure Collaboration to UK defence and public sector, today announced a partnership and supply contract to deliver resilient high grade security solutions and services.

This partnership will harness Arqit’s groundbreaking Symmetric Key Agreement Platform, which guards against current and future cyber threats including spoofing, harvesting and tampering, and SecureCloud+ services to deliver resilience and protection for data management, communications, devices, sensors and network infrastructures.

The actions of hostile threat actors combined with rapid advancements in computing technology continues to expand the threat surface, making traditional encryption methods vulnerable to cyber-attacks. SecureCloud+ customers require secure collaboration and communication services, and Arqit’s Symmetric Key Agreement Platform provides a crypto agile solution that simply integrates to, and scales across, existing networks and connected devices. It’s through life zero trust architecture supports multi-domain working and creates encryption keys at any endpoint to mitigate risks associated with traditional key distribution.

David Williams, Arqit Founder, Chairman and CEO said:

“This important partnership will address the growing demand for enhanced protection against cyber-attacks. Arqit is delighted to be collaborating with SecureCloud+ and to use our unique Symmetric Key Agreement Platform to help customers deliver resilient, secure, simple and seamless protection for networked devices.”

Peter Williamson, CEO, SecureCloud+ said:

“This partnership means we continue to be on the front foot in enabling our customers to receive unparalleled levels of real-time management, resilience, and security across open and closed networks. We will continue to assess new technologies and innovations while partnering with the best to ensure the services we offer remain market leading.”

About Arqit

Arqit supplies a unique Symmetric Key Agreement Platform-as-a-Service which makes the communications links of any networked device, cloud machine or data at rest secure against both current and future forms of attack on encryption – even from a quantum computer. Arqit’s Symmetric Key Agreement Platform delivers a lightweight software agent that allows devices to create encryption keys locally in partnership with any number of other devices. The keys are computationally secure and operate over zero trust networks. It can create limitless volumes of keys with any group size and refresh rate and can regulate the secure entrance and exit of a device in a group. The agent is lightweight and will thus run on the smallest of end point devices. The Product sits within a growing portfolio of granted patents but also works in a standards compliant manner which does not oblige customers to make a disruptive rip and replace of their technology. Arqit was recently awarded the Innovation in Cyber award at the UK National Cyber Awards and Cyber Security Software Company of the Year Award at the UK Cyber Security Awards. www.arqit.uk