USA News Group
Commentary Issued on behalf of Scope AI
Corp.
VANCOUVER, BC, July 24, 2024 /PRNewswire/ -- USA News Group – The telecom market just
witnessed a security breach nightmare, with the data (records of
calls and texts) of nearly all customers of a giant getting stolen
by hackers. The incident in question involved AT&T Inc.
(NYSE: T), which immediately issued a press release to address
the situation, pointing towards the probability that the hackers
illegally downloaded the data from a third-party cloud platform. In
this case, the data stolen was from 2022, representing a massive
data breach done in the future. The implication is that security
methods implemented today, could impact how secure today's data is
tomorrow. One of the biggest concerns about the future is the rise
of quantum computing, where future hackers can turn back the hands
of time and hack data that's protected by methods incapable of
handling a quantum computer attack. Among the tech developers
working on bolstering the cybersecurity of the future are Scope
Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Zscaler,
Inc. (NASDAQ: ZS), BlackBerry Limited (NYSE: BB) (TSX:
BB), and Gen Digital Inc. (NASDAQ: GEN).
The era of quantum computing is advancing swiftly, arriving
sooner than anticipated. By leveraging quantum theory, which
elucidates the behavior of energy and matter at atomic and
subatomic scales, quantum computing can process vast amounts
of data to solve intricate problems. Recently, experts at the
Tech.eu Summit in London explored
the intersection of quantum computing, cybersecurity, and AI,
highlighting the profound implications of this technology.
Answering the call for quantum capable cybersecurity is the
newly rebranded Scope Technologies Corp. (CSE: SCPE) (OTCQB:
SCPCF) (formerly Scope AI), which recently bolstered its
sophisticated flagship GEM (General Enterprise Machine
Learning) platform, by adding a major strategic acquisition,
bringing in the power of quantum resilient entropy (QSE Technology)
to its portfolio.
"We are pleased to announce the acquisition of the QSE
Technology," said James Young, CEO
of Scope Technologies Corp. "The product suite is
established, complete, and ready to onboard customers now."
Quantum resilient entropy (QRE) represents a breakthrough in
data security, engineered to defend against the looming threats of
quantum computing and ensure the confidentiality of sensitive
information in our digital age. Young's Scope Technologies
Corp. has made QRE technology accessible to the public,
equipping them with tools to combat the evolving risks posed by
quantum advancements. This innovative solution not only protects
individuals but also caters to the needs of small to medium-sized
businesses and large enterprises, delivering robust security across
all levels.
"This acquisition enables us to provide our customers with
extremely robust security solutions that are easy to integrate into
existing infrastructures," added Young. "With the QSE Technology,
we can address the emerging threats posed by quantum computing and
ensure our clients are prepared for the future of digital
security."
Scope's QSE Technology product suite sets itself
apart from other quantum resilient entropy solutions by offering
API-based quantum-resilient entropy as a service (SaaS), along with
encrypted cloud, and decentralized storage options.
The platform's foundation is a proprietary, high-performance
data pipeline that can scale both vertically and horizontally. This
ensures robust protection for private, business, and government
applications, safeguarding highly sensitive data both in transit
and at rest. The QSE Technology suite uniquely defends digital
assets against current cybersecurity threats and the potential
decryption capabilities of future quantum computers.
With the integration into its GEM platform, Scope
Technologies Corp. now delivers a comprehensive suite of tools
to navigate the quantum computing era. GEM's advanced object visual
recognition capabilities provide businesses with deeper insights
and more precise solutions, all while being shielded from the
cybersecurity challenges posed by the quantum technologies of
tomorrow.
One of the world's leading cloud security companies, Zscaler,
Inc. (NASDAQ: ZS), recently announced a collaboration with
AI-GPU giant NVIDIA to accelerate AI-powered copilot
services. This upgrade will bolster Zscaler Copilot's
proactive defense mechanisms against cyber threats while
streamlining IT and network operations for enterprises.
Zscaler ZDX Copilot, integrated with NVIDIA NeMo
Guardrails, provides comprehensive network, device, and application
performance insights, ensuring accuracy, security, and efficiency
in managing smart applications with large language models
(LLMs).
"The advancement of a cybersecurity vendor's AI is becoming the
critical ingredient in its ability to maintain an advantage over
adversaries," said Punit Minocha,
EVP Business and Corporate Development of Zscaler.
"Zscaler is committed to safeguarding AI with AI, and this
collaboration with NVIDIA further builds on our leading
position in the cybersecurity market."
Long since making its name in the telecom equipment market,
BlackBerry Limited (NYSE: BB) (TSX: BB) has emerged as a
serious player in cybersecurity. Recently, BlackBerry
released its latest Global Threat Intelligence Report, which showed
that its proprietary cybersecurity solutions detected and stopped
3.1 million cyberattacks (37,000 per day) in Q1 2024, representing
a 40% increase from its previous reporting period. The
increase in activity and need reflected in BlackBerry's most
recent Q1 2025 financial results, as its cybersecurity wing
exceeded previously-provided guidance at $85
million, with a gross margin of 59%.
"BlackBerry's strategy is delivering results," said
John J. Giamatteo, CEO of
BlackBerry. "Both our IoT and Cybersecurity businesses beat
revenue expectations. QNX recorded solid royalty revenue while our
Cybersecurity division delivered a second consecutive quarter of
ARR growth, as well as further enhancing dollar-based net
retention."
Looking to further address the psychological effect on victims
of cyber crime, Gen Digital Inc. (NASDAQ: GEN) recently
launched an educational program called Scam Artists,
that uses art to visually demonstrate the emotional impact of
cybercrime. The campaign aims to help people recognize the need to
be proactive about online protection to maintain control,
confidence and freedom in the digital world. Through the use of
electroencephalography (EEG) headsets attached to three victims of
scams and identity theft, Gen was able to illustrate the
mental impact and stress caused by such crimes.
"Cyberthreats today are bigger, more widespread, and more
sophisticated than ever before, and they are here to stay," said
Leena Elias, Chief Product Officer
at Gen. "In fact, last year Gen blocked more than 14
billion attacks. We're focused on helping people to feel confident
engaging with the digital world with solutions that help protect
against evolving and emerging threats. Our mission is to provide
peace of mind. This campaign brings to life the harmful effects of
cybercrime but also the positive impact on wellbeing that proper
online protection provides."
According to a report from Reuters, AT&T
Inc. (NYSE: T) delayed public disclosure of their massive data
breach at the request of the Justice Department. The telecom
giant disclosed the illegal download of customer data in a
press release, reassuring the market that it has taken steps to
close off the illegal access point. AT&T also reassured
that the data didn't contain the content of calls or texts,
personal information such as Social Security numbers, dates of
birth, or other personally identifiable information.
"It also does not include some typical information you see in
your usage details, such as the time stamp of calls or texts," said
AT&T in the statement. "While the data does not include
customer names, there are often ways, using publicly available
online tools, to find the name associated with a specific telephone
number. At this time, we do not believe that the data is publicly
available. Our top priority, as always, is our customers. We
sincerely regret this incident occurred and remain committed to
protecting the information in our care."
Article Source:
https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
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