Quantum Xchange Makes Quantum-Safe Encryption Available & Affordable to Organizations of Any Size; Phio TX-D Includes Quantum-Safe VPN
(QuantumXchange) Quantum Xchange has announced the general availability of Phio Trusted Xchange (TX) model D (Phio TX-D). The new edge device, which leverages the quantum-safe out-of-band key delivery technology found in the flagship product Phio TX, is designed to deliver quantum-safe Virtual Private Network (VPN) and private network encryption for smaller locations or deployments. Organizations of all sizes can now benefit from an affordable, crypto-agile key distribution system that provides unparalleled security for data in motion today, and a future-proof solution that addresses the emerging threat of quantum computing.
The addition of Phio TX-D to the Phio family of solutions enables Quantum Xchange to satisfy all deployment requirements ranging from work-from-home or small office, to enterprise, cloud, or any combination thereof. The capabilities provided by Phio TX-D is especially timely as global demand for VPNs surged in 2020 following work-from-home mandates in the battle against the coronavirus pandemic. Organizations of all sizes struggle to protect remote staff from a wider more dynamic threat landscape as enterprise security moves into the home and the quantum threat nears. The FBI reports cybercrime is up 300 percent since the start of the pandemic and the cost of network attacks is doubling every few years and could reach $6 trillion this year according to Cybersecurity Ventures.
Most experts agree that remote worksites and flexible workspaces will persist after the pandemic recedes, underscoring the importance of using strong cryptography to protect sensitive information in transit today and when a quantum computer arrives. The Phio family of solutions from Quantum Xchange, enable organizations to stay ahead of the evolving threat landscape with quantum-safe technologies that can easily scale to meet the budgetary and network security needs of any organization.
“The introduction of Phio TX-D is a total game changer, delivering the strongest encryption available to those that want it,” said Eddy Zervigon, CEO of Quantum Xchange. “Not only is Phio TX-D an attractive quantum-safe technology for small offices, but it offers even the most sophisticated networks a practical, first step toward quantum readiness. Without a crypto agile, quantum-generation key distribution system in place, all organizations risk exposure to the quantum threat. Small businesses and local governments are especially vulnerable given their limited cybersecurity resources and the debilitating effects a single cyber-attack can have on their organization.”