(BusinessWire) QuintessenceLabs, the leader in quantum-cyber-security solutions, announced today that it has been selected as a CyberTech 100 award winner, from a field of over 1,000 companies. The recognition underscores the importance of the company’s technologies to the financial sector – addressing some of today’s most pressing cybersecurity challenges while providing a pathway to a future quantum-safe posture.
CyberTech100 identifies the 100 most innovative companies that every financial institution needs to know about when they consider and develop their information security and financial crime fighting strategies. The standout companies were selected by a panel of industry experts and analysts who reviewed a study of over 1,000 CyberTech companies that was undertaken by FinTech Global.
QuintessenceLabs’ success follows February’s announcement of funding by In-Q-Tel, a strategic investor that accelerates the development and delivery of cutting-edge technologies to US government agencies. It also coincides with the recent release of QuintessenceLabs’ qStream™ Plus Quantum Entropy Appliance. qStream Plus combines the power of high-speed quantum random number generation with entropy management software, to provision enterprise-scale performance and security for applications requiring high quality random numbers.