CyferAll

Cyber threats pose an exponentially growing danger, with the annual global cost of cyber criminality reaching $6 trillion according to McAfee. Reported cyber attacks have increased 300% since COVID-19 began. The OECD identifies cyber threats as one of the top five risks to the global economy. This demonstrates massive vulnerabilities as our dependence on digital systems grows. The situation stands to become far worse with the advent of quantum computing applied to artificial intelligence. Algorithms applied to quantum computers could break all current encryption methods once they reach maturation, representing an existential threat to our digital life. Experts warn that symmetric encryption may not withstand quantum algorithms. “Store now, decrypt later” attacks are already a threat for data with a long shelf life.

CyferAll’s QRshield software offers comprehensive protection for application data "in use," "in transit," and "at rest" without affecting user experience. It uses secure enclave technology to protect active data and post-quantum encryption for stored and transmitted data. A patented key management system ensures full user data sovereignty, preventing exposure during third party data storage.

CyferAll addresses the urgent need to protect digital data “in use”, “in transit” and “at rest” including the need for quantum-resistant security amid a $20 billion data protection market surge by 2027. With cyber threats soaring post-COVID-19 due to increasingly sophisticated classical computing and AI, and with governmental initiatives investing billions in quantum technology, there's a critical need to act swiftly to revisit data security architectures and to implement future-proof and robust data security measures.