Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in
quantum-safe encryption, and CableFree: Wireless Excellence Ltd
(CableFree), a leader in 5G Radio solutions, have today announced
the availability of integrated quantum-safe cellular technology
products for Private 5G networks using Symmetric Key Agreement.
Private enterprise networks based on 5G cellular
technology are accelerating digital transformation across
industries including manufacturing, healthcare, defence and smart
cities. Private 5G gives enterprises access to high-speed,
massively scalable, and ultra-reliable wireless connectivity,
allowing them to implement innovative IoT and mobile solutions that
enhance productivity, drive automation and improve customer
engagement.
The security of these networks will be paramount
as they will support safety-critical infrastructure and carry
highly sensitive data. 5G networks coupled with direct-to-device
connectivity, has significantly expanded the attack surface
allowing cyber adversaries to launch attacks on a broader scale and
at faster speeds.
The integration of CableFree’s 5G Small Cell
Radios with Arqit’s Symmetric Key Agreement encryption technology
delivers enhanced security for Private 5G networks and are now
available to customers worldwide. Using zero trust architecture,
these standards-compliant products deliver rotating authentication,
making data harvesting useless.
David Williams, Arqit Founder, Chairman
and CEO said:
“In the USA, NIAP has mandated support of RFC
8784 meaning that symmetric key agreement will now at the heart of
all CSfC classified networking, and we expect this to flow through
to most commercial environments. The telecoms industry also needs
to take urgent action now to secure sensitive data for the
long-term. The integration of CableFree’s 5G range with Arqit’s
unique Symmetric Key Agreement Platform will keep sensitive data
and communications safe from current and future cyber threats
including spoofing attacks and quantum computing.”
Stephen Patrick, CableFree Founder and
CEO said:
“We are delighted to extend the CableFree 5G
range to include the latest quantum-safe encryption technology from
Arqit, deployable as a software extension running on our proven
range of 5G radios. Enhanced security is of benefit for many
customers worldwide.”
Notes to Editors
CableFree 5G and 4G radios are available in all
frequency bands from 400MHz to 6GHz today, covering worldwide MNO
and Private Network bands as well as specialised bands used by
Government, Public Safety, Utilities, and Rail Transportation
Infrastructure.
Arqit and CableFree representatives will be
attending MWC Barcelona (26-29 February 2024) and will be available
for interview. CableFree are exhibiting in Hall 7, Stand 7B20 with
products on display. www.mwcbarcelona.com
“Store-now, decrypt-later” is a known
threat and concerning for data with a long-time
value:
- UK National Cyber Security
Centre (NCSC): “The threat to key agreement is that an
adversary collecting encrypted data today would be able to decrypt
it in future, should they have access to a CRQC [Cryptographically
Relevant Quantum Computer]” (NCSC, Preparing for Quantum-Safe
Cryptography whitepaper, 11 November 2020, link).
- US Congress: “The
rapid progress of quantum computing suggests the potential for
adversaries of the United States to steal sensitive encrypted data
today using classical computers and wait until sufficiently
powerful quantum systems are available to decrypt it” (Congress,
Quantum Computing Cybersecurity Preparedness Act, 21 December 2022,
link).
- GSM Association
(GSMA): “The quantum threat presents multiple high-impact
risks for the telecom industry and its users. Prior to the
availability of a Cryptographically Relevant Quantum Computer
(CRQC), motivated bad actors may harvest data and store it to
decrypt it once quantum computing capabilities become available.
This attack undermines data security with long-lived
confidentiality needs, such as corporate IP, state secrets or
individual bio-data. It is widely believed that some actors are
already engaging in this type of attack” (GSMA, Post Quantum Telco
Network Impact Assessment Whitepaper, 17 February 2023,
link).
Symmetric cryptography is a solution
that can be implemented right now and can be used for both
encryption and key exchange:
- UK National Cyber Security
Centre (NCSC): “In contrast with PKC [public-key
cryptography], the security of symmetric cryptography is not
significantly impacted by quantum computers, and existing symmetric
algorithms with at least 128-bit keys (such as AES) can continue to
be used” (NCSC, Next steps in preparing for post-quantum
cryptography, 3 November 2023, link).
- US National Security Agency
(NSA): “NSA considers using pre-shared symmetric keys in a
standards-compliant fashion a better near-term post-quantum
solution than implementing experimental post-quantum asymmetric
algorithms” (NSA, The Commercial National Security Algorithm Suite
2.0 and Quantum Computing, 7 September 2022, link).
The US Government has already directed
their agencies to implement symmetric-key protections for National
Security Systems (NSS):
- The White House:
“By December 31, 2023, agencies maintaining NSS shall implement
symmetric-key protections (e.g., High Assurance Internet Protocol
Encryptor (HAIPE) exclusion keys or VPN symmetric key solutions) to
provide additional protection for quantum-vulnerable key exchanges”
(The White House, National Security Memorandum on Promoting United
States Leadership in Quantum Computing While Mitigating Risks to
Vulnerable Cryptographic Systems, 4 May 2022, link).
About Arqit
Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit)
supplies a unique encryption 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. Compliant with NSA
standards, 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. It also works in a standards
compliant manner which does not oblige customers to make a
disruptive rip and replace of their technology. Recognised for
groundbreaking innovation at the Institution of Engineering and
Technology awards in 2023, Arqit has also won the Innovation in
Cyber Award at the National Cyber Awards and Cyber Security
Software Company of the Year Award at the Cyber Security Awards.
Arqit is ISO 27001 Standard certified. www.arqit.uk
About CableFree
CableFree: Wireless Excellence is the UK's
leading designer and manufacturer of 5G Base Stations, and one of
the top three 5G radio manufacturers in Europe. CableFree offers a
complete range of Wireless Communication products including
advanced 4G & 5G LTE Macro & Small Cell Base Stations for
ultra high performance & flexibility, with unique features and
widest choice of frequency band support. The company also offers
Microwave, Millimeter Wave, Free Space Optics and MIMO Radio
backhaul solutions. Based in Oxford, UK, CableFree is deployed in
over 90 countries since 1996 with customers including Mobile
Operators, Internet Service Providers, Government Networks,
Industrial and Corporate connectivity applications. CableFree is
ISO9001 certified. www.cablefree.net
Media relations enquiries:
Arqit: pr@arqit.uk
Gateway (Arqit): arqit@gateway-grp.com
CableFree: info@cablefree.net
Investor relations
enquiries:
Arqit:
investorrelations@arqit.ukGateway (Arqit):
arqit@gateway-grp.comCableFree:
info@cablefree.net
Caution About Forward-Looking Statements
This communication includes forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements, other than statements of
historical facts, may be forward-looking statements. These
forward-looking statements are based on Arqit’s expectations and
beliefs concerning future events and involve risks and
uncertainties that may cause actual results to differ materially
from current expectations. These factors are difficult to predict
accurately and may be beyond Arqit’s control. Forward-looking
statements in this communication or elsewhere speak only as of the
date made. New uncertainties and risks arise from time to time, and
it is impossible for Arqit to predict these events or how they may
affect it. Except as required by law, Arqit does not have any duty
to, and does not intend to, update or revise the forward-looking
statements in this communication or elsewhere after the date this
communication is issued. In light of these risks and uncertainties,
investors should keep in mind that results, events or developments
discussed in any forward-looking statement made in this
communication may not occur. Uncertainties and risk factors that
could affect Arqit’s future performance and cause results to differ
from the forward-looking statements in this release include, but
are not limited to: (i) the outcome of any legal proceedings that
may be instituted against the Arqit, (ii) the ability to maintain
the listing of Arqit’s securities on a national securities
exchange, (iii) changes in the competitive and regulated industries
in which Arqit operates, variations in operating performance across
competitors and changes in laws and regulations affecting Arqit’s
business, (iv) the ability to implement business plans, forecasts,
and other expectations, and identify and realise additional
opportunities, (v) the potential inability of Arqit to successfully
deliver its operational technology, (vi) the risk of interruption
or failure of Arqit’s information technology and communications
system, (vii) the enforceability of Arqit’s intellectual property,
and (viii) other risks and uncertainties set forth in the sections
entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in Arqit’s annual report on Form 20-F
(the “Form 20-F”), filed with the U.S. Securities and Exchange
Commission (the “SEC”) on 21 November 2023 and in subsequent
filings with the SEC. While the list of factors discussed above and
in the Form 20-F and other SEC filings are considered
representative, no such list should be considered to be a complete
statement of all potential risks and uncertainties. Unlisted
factors may present significant additional obstacles to the
realisation of forward-looking statements.
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