Technology

Building a Quantum-Secure Future with Toshiba

Published

1 year ago

August 15, 2023

SINGAPORE, Aug. 15, 2023 /PRNewswire/ — Quantum computers have the potential to decrypt sensitive data transmitted across ordinary networks, posing a threat to the security of the digital economy. Industries with sensitive and long-lasting data, such as financial services, are particularly at risk from these attacks.

Malicious actors have already begun collecting encrypted data, anticipating a future breakthrough in quantum computing that would enable them to decrypt it. These attacks, known as “harvest now, decrypt later,” target industries like banks and government departments, taking advantage of the slow aging of important data. To address this, organizations must be proactive and ensure their networks are protected by quantum-safe encryption well in advance.

For the full multimedia release, click here: https://www.multivu.com/players/English/9189251-toshiba-quantum-key-distribution-technology/

Quantum secure networks are the only solution to protect data from interception and decryption, even by quantum computers. Adopting these networks aligns with the United Nations’ Sustainable Development Goal of developing reliable, sustainable, and resilient infrastructure.

Toshiba’s Quantum Key Distribution (QKD) is an example of a quantum-secure method of data transmission that distributes ultra-secure encryption keys, making networks resilient against quantum threats. Toshiba’s QKD technology has been developed over two decades and can be deployed over existing fiber networks, making it a mature and world-leading solution.

In February 2022, JPMorgan Chase, Toshiba, and Ciena collaborated to demonstrate the viability of the first Quantum Key Distribution (QKD) network, ensuring security for mission-critical blockchain applications. In March 2022, Toshiba Group and KT joined forces for Quantum Key Distribution pilot projects in South Korea. In April 2022, EY became the first commercial customer for the Quantum-Secured Metro Network (QSMN), the World’s first commercial trial for QKD network built using Toshiba QKD hardware and key management software across BT’s fibre network. And recently in July 2023, HSBC became the first bank to join the UK’s pioneering commercial quantum secure metro network.

In Southeast Asia, Toshiba launched a Quantum Networks EXperience Centre (QNEX) located in Singapore and operated by its partner SpeQtral Pte. Ltd. (SpeQtral) to demonstrate quantum key distribution (QKD) technology and its real-world applications in securing critical infrastructure and sensitive data. A joint partnership between SpeQtral and SPTel recently submitted proposal to the Infocomm Media Development Authority (IMDA) to build National Quantum-Safe Network Plus (NQSN+) in Singapore.

By adopting quantum-secure methods, financial institutions can protect sensitive data, secure customer trust, and prepare for the quantum era. Toshiba is committed to developing solutions that protect the security of people and organizations from emerging threats.

View original content:https://www.prnewswire.com/apac/news-releases/building-a-quantum-secure-future-with-toshiba-301898567.html

SOURCE Toshiba Corporation

Technology

Oberon Securities Advises Keens Steakhouse in Sale Transaction

Published

3 hours ago

November 23, 2024

Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

View original content to download multimedia:https://www.prweb.com/releases/oberon-securities-advises-keens-steakhouse-in-sale-transaction-302314708.html

SOURCE Oberon Securities; Oberon Securities

Technology

Specified Technologies Inc. Unveils Firestop Clash Management and Locator Updates

Published

6 hours ago

November 23, 2024

SOMERVILLE, N.J., Nov. 23, 2024 /PRNewswire/ — Specified Technologies Inc. has announced their latest Firestop Clash Management (FCM) and Firestop Locator (FSL) releases. FCM automates the process of locating and assigning firestop solutions to conditions within Autodesk® Revit®, enabling firestop novices to find firestop solutions like a firestop expert. In this latest release, STI has further expanded the capabilities of FCM by integrating it with their firestop documentation and compliance tool, Firestop Locator (FSL). FSL enables contractors and facilities’ teams to document the status, location, and products used for any and all fire life safety services across a building.

In the latest update for FSL, teams can now create custom items to track any service on their project beyond the base six (Penetration, Joint, Extinguisher, Door, Damper, and Barrier). Teams can also modify the base six items to include project specific inspection and maintenance requirements and any other details that they would like to be tracked.

With this new integration, decisions made during the design phase of a building using FCM are seamlessly passed into FSL during the construction phase, giving implementation teams a jump start on work to be done. This integration also improves data integrity and eliminates the guesswork in the field of determining what firestop systems and products are to be used where.

“We’re proud of the latest releases of FCM and FSL and look forward to continuing to support the fire life safety community,” says Justin Pine, Sr. Manager of Software & Services.

Specified Technologies Inc. promotes life and building safety by developing innovative fire protection systems and accompanying digital tools that help stop the spread of fire, smoke, and hot gases. Our SpecSeal® and EZ Path® product lines are engineered for easy installation and deliver powerful performance, often resulting in lower installed costs. Since firestopping is our only business, we concentrate all our resources on providing the highest quality, fully tested, innovative firestopping solutions.

Contact: Jess Bern; jbern@stifirestop.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/specified-technologies-inc-unveils-firestop-clash-management-and-locator-updates-302314629.html

SOURCE Specified Technologies, Inc.

Technology

ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

Published

7 hours ago

November 23, 2024

BEIJING, Nov. 23, 2024 /CNW/ — During the Wuzhen Summit of the World Internet Conference, ZICC interviewed Internet experts from all over the world.

Lampros Sterg, UNESCO Chair in AI & Data Science, said that AI can accelerate social progress, but it needs to be used properly to avoid its negative effects in order to benefit citizens and society. Latif Ladid, the president of the IPv6 Forum, called for the establishment of a global governance system to allow artificial intelligence technology to serve humanity for good. South Korean computer scientist Kilnam Chon shared insights on AI’s positive role in healthcare. He urged global efforts to ensure AI safety and prevent its misuse in weapons. Indian entrepreneur Bibin Babu said he believes that AI will not replace humans, but will create more new jobs.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zicc-internet-experts-pay-attention-to-the-development-of-artificial-intelligence-302314745.html

SOURCE ZICC