Australian quantum cybersecurity leader QuintessenceLabs is pleased to announce that it has been selected by the Extreme Tech Challenge (XTC) 2021, as one of the global top 4 companies in the Enabling Technologies category, narrowed down from a field of over 3,700 applicants.
XTC is the world’s largest startup competition focused on purpose-driven innovation, where competitors participate in a virtual XTC Bootcamp this month with the opportunity to qualify for the Extreme Tech Challenge (XTC) Global Finals 2021 presented by TechCrunch on July 22, 2021.QuintessenceLabs was founded in 2008 in Canberra by Dr Vikram Sharma, following ground-breaking research on quantum technology at the Australian National University.
The company strengthens data security by integrating advanced quantum technology with best-in-class data protection solutions.
QuintessenceLabs offers the world’s fastest commercial quantum random number generator, crypto-agile encryption key and security policy manager, and “virtual zeroization” solutions to secure sensitive data collected in uncontrolled environments.
The company is also a leader in the development of quantum key distribution technology.XTC provides innovative leaders with a platform to engage with entrepreneurs and tech executives to share and contribute innovative solutions designed to overcome current global crises and build future resiliency.All finalists will attend the virtual XTC Bootcamp, a weeklong intensive mentorship program that prepares them for the Category Finals pitch competition in late June, followed by the Global Finals in July.
The public is invited to watch all finalists present in their categories from June 21-30, details to be published closer to the date on the Extreme Tech Challenge website.This year, the public is invited to vote for their favorite startup finalist.
The European Union’s GDPR norms require IT security teams of businesses operating in the EEA to safeguard user identities.
Hefty fines to the tune of 20 billion euros and irrevocable reputational losses have spurred massive investments in data protection services.
Particularly, the global spending on identity and access management (IAM) solutions is expected to exceed $16 billion USD by 2022.
It is, therefore, the legal responsibility of global businesses to implement effective IAM strategies to comply with GDPR regulations.This blog post discusses the significance of IAM and its core practices in establishing GDPR compliant digital businesses.Decoding IAM and its ImplementationIdentity and Access Management or IAM is a business security protocol that ensures regulated access of user information to authorized individuals.
It ensures that only the right individuals have access to critical business data including employee and customer identities.Articles 5, 24, and 32 of the GDPR necessitate businesses to have an IAM system in place.
They mandate businesses to monitor the processing of personal data, implement threat prevention measures, and restrict access to sensitive data.Traditionally, businesses used a manual access control process such as Active Directory that involved grouping of members to access confidential information.
Through IoT devices, organizations can collect critical user data and analyze it to develop new solutions and enhance user experience.
According to Statistica, with the proliferation of chip technology, the world will have almost 31 billion IoT devices by 2020.
In this blog post, we have discussed common data protection challenges and how we can address them using IoT.IoT Data Should Be Private and ControlledIoT devices can generate a large amount of critical data, both personal and financial to perform tasks.
The collected data is prone to cyberattacks since it can be used by criminal entities for an unfair advantage.
When consumers do not have any control over their data, it exposes businesses to regulatory risks.
Below are three examples that show the magnitude of data protection issues with the advent of IoT technologies:Telematics insurance systemsThe automotive industry is witnessing disruption with the implementation of usage-based insurance or UBI.
Data security is a priority for businesses and organizations.
In the last two years business online have significantly increased but so has the internet crime.
Here is why a business needs to know their customer and take data protection seriously.Why Organizations Need to Protect their Data SecurityWhen clients use a business website to make a purchase, subscribe to a mailing list, or accept cookies they are revealing personal data which needs to be stored securely.
Businesses have a responsibility to ensure their websites and IT systems are as secure as possible and data protection is prioritized.
Customers are increasingly savvy about cyber-crime and want to deal with reliable security-conscious businesses.
As a business owner, KYC is vital for staying ahead in a competitive world.What ISO 27001 Does for Your BusinessThe ISO 27001 Standard is recognized across the world as an industry-best security practice for IT security.
A series of data leaks in the past years has raised consumer awareness and led organizations to seek data privacy and protection solutions.
The act regulates controllers of personal data and puts in place security measures to safeguard sensitive information.
Various organizations are facing challenges to implement the necessary changes, manage and store data as per GDPR compliance.Let’s explore some of the major concerns and challenges faced by companies to stay GDPR compliant.Key Benefits of GDPR Compliance for BusinessesEnhanced Data Security  Virtualization, cloud computing, and IoT are the latest technologies that can manage data demand effectively, enhancing the user experience.
With third-party management tools, organizations can constantly monitor their new environment for data breach and analyze the log information.
The tool sends an automated notification to the companies on the detection of anonymity, thereby ensuring data security.
The third-party tools also check the integrity of files and folders, endpoint devices, and applications.
Report Scenario:Market Research Future (MRFR) announces the publication of its half-cooked research report—Global Data Discovery Market, 2020–2026.According to Market Research Future, the global Data Discovery Market has been segmented based on component, deployment, organization size, functionality, application, and region/country.Data discovery is the methodology of gaining meaningful business insights by collecting and evaluating raw from various data sources.
This usually is used to identify the trends and patterns in an organization.
The data discovery applications include security & risk management, sales & marketing management, asset management, supply chain management, and others.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/10513Competitive Outlook:The key players in the global data discovery market are IBM Corporation (US), Microsoft (US), Oracle (US), Salesforce.com, inc. (US), SAS Institute Inc. (US), Google (US), Amazon Web Services, Inc. (US), Micro Focus (UK), Thales (US), Cloudera, Inc. (US), Alteryx, Inc. (US), PKWARE, Inc. (US), Spirion, LLC.
(US), Egnyte, Inc. (US), and Netwrix Corporation (US).Segmentation:By component, the global data discovery market has been divided into solution and services.
Additionally, the services segment comprises professional and managed services.Based on the deployment, the global data discovery market is categorized into on-premises and on-cloud.By organization size, the global data discovery market has been divided into small & medium enterprise and large enterprise.Based on functionality, the data discovery market is segmented into visual data discovery, augmented data discovery, search-based data discovery, and self-service data preparation.
By application, the market segmentation consists of security & risk management, sales & marketing management, asset management, supply chain management, and others.The global data discovery market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Through IoT devices, organizations can collect critical user data and analyze it to develop new solutions and enhance user experience.
According to Statistica, with the proliferation of chip technology, the world will have almost 31 billion IoT devices by 2020.
In this blog post, we have discussed common data protection challenges and how we can address them using IoT.IoT Data Should Be Private and ControlledIoT devices can generate a large amount of critical data, both personal and financial to perform tasks.
The collected data is prone to cyberattacks since it can be used by criminal entities for an unfair advantage.
When consumers do not have any control over their data, it exposes businesses to regulatory risks.
Below are three examples that show the magnitude of data protection issues with the advent of IoT technologies:Telematics insurance systemsThe automotive industry is witnessing disruption with the implementation of usage-based insurance or UBI.
A series of data leaks in the past years has raised consumer awareness and led organizations to seek data privacy and protection solutions.
The act regulates controllers of personal data and puts in place security measures to safeguard sensitive information.
Various organizations are facing challenges to implement the necessary changes, manage and store data as per GDPR compliance.Let’s explore some of the major concerns and challenges faced by companies to stay GDPR compliant.Key Benefits of GDPR Compliance for BusinessesEnhanced Data Security  Virtualization, cloud computing, and IoT are the latest technologies that can manage data demand effectively, enhancing the user experience.
With third-party management tools, organizations can constantly monitor their new environment for data breach and analyze the log information.
The tool sends an automated notification to the companies on the detection of anonymity, thereby ensuring data security.
The third-party tools also check the integrity of files and folders, endpoint devices, and applications.
Australian quantum cybersecurity leader QuintessenceLabs is pleased to announce that it has been selected by the Extreme Tech Challenge (XTC) 2021, as one of the global top 4 companies in the Enabling Technologies category, narrowed down from a field of over 3,700 applicants.
XTC is the world’s largest startup competition focused on purpose-driven innovation, where competitors participate in a virtual XTC Bootcamp this month with the opportunity to qualify for the Extreme Tech Challenge (XTC) Global Finals 2021 presented by TechCrunch on July 22, 2021.QuintessenceLabs was founded in 2008 in Canberra by Dr Vikram Sharma, following ground-breaking research on quantum technology at the Australian National University.
The company strengthens data security by integrating advanced quantum technology with best-in-class data protection solutions.
QuintessenceLabs offers the world’s fastest commercial quantum random number generator, crypto-agile encryption key and security policy manager, and “virtual zeroization” solutions to secure sensitive data collected in uncontrolled environments.
The company is also a leader in the development of quantum key distribution technology.XTC provides innovative leaders with a platform to engage with entrepreneurs and tech executives to share and contribute innovative solutions designed to overcome current global crises and build future resiliency.All finalists will attend the virtual XTC Bootcamp, a weeklong intensive mentorship program that prepares them for the Category Finals pitch competition in late June, followed by the Global Finals in July.
The public is invited to watch all finalists present in their categories from June 21-30, details to be published closer to the date on the Extreme Tech Challenge website.This year, the public is invited to vote for their favorite startup finalist.
The European Union’s GDPR norms require IT security teams of businesses operating in the EEA to safeguard user identities.
Hefty fines to the tune of 20 billion euros and irrevocable reputational losses have spurred massive investments in data protection services.
Particularly, the global spending on identity and access management (IAM) solutions is expected to exceed $16 billion USD by 2022.
It is, therefore, the legal responsibility of global businesses to implement effective IAM strategies to comply with GDPR regulations.This blog post discusses the significance of IAM and its core practices in establishing GDPR compliant digital businesses.Decoding IAM and its ImplementationIdentity and Access Management or IAM is a business security protocol that ensures regulated access of user information to authorized individuals.
It ensures that only the right individuals have access to critical business data including employee and customer identities.Articles 5, 24, and 32 of the GDPR necessitate businesses to have an IAM system in place.
They mandate businesses to monitor the processing of personal data, implement threat prevention measures, and restrict access to sensitive data.Traditionally, businesses used a manual access control process such as Active Directory that involved grouping of members to access confidential information.
Data security is a priority for businesses and organizations.
In the last two years business online have significantly increased but so has the internet crime.
Here is why a business needs to know their customer and take data protection seriously.Why Organizations Need to Protect their Data SecurityWhen clients use a business website to make a purchase, subscribe to a mailing list, or accept cookies they are revealing personal data which needs to be stored securely.
Businesses have a responsibility to ensure their websites and IT systems are as secure as possible and data protection is prioritized.
Customers are increasingly savvy about cyber-crime and want to deal with reliable security-conscious businesses.
As a business owner, KYC is vital for staying ahead in a competitive world.What ISO 27001 Does for Your BusinessThe ISO 27001 Standard is recognized across the world as an industry-best security practice for IT security.
Report Scenario:Market Research Future (MRFR) announces the publication of its half-cooked research report—Global Data Discovery Market, 2020–2026.According to Market Research Future, the global Data Discovery Market has been segmented based on component, deployment, organization size, functionality, application, and region/country.Data discovery is the methodology of gaining meaningful business insights by collecting and evaluating raw from various data sources.
This usually is used to identify the trends and patterns in an organization.
The data discovery applications include security & risk management, sales & marketing management, asset management, supply chain management, and others.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/10513Competitive Outlook:The key players in the global data discovery market are IBM Corporation (US), Microsoft (US), Oracle (US), Salesforce.com, inc. (US), SAS Institute Inc. (US), Google (US), Amazon Web Services, Inc. (US), Micro Focus (UK), Thales (US), Cloudera, Inc. (US), Alteryx, Inc. (US), PKWARE, Inc. (US), Spirion, LLC.
(US), Egnyte, Inc. (US), and Netwrix Corporation (US).Segmentation:By component, the global data discovery market has been divided into solution and services.
Additionally, the services segment comprises professional and managed services.Based on the deployment, the global data discovery market is categorized into on-premises and on-cloud.By organization size, the global data discovery market has been divided into small & medium enterprise and large enterprise.Based on functionality, the data discovery market is segmented into visual data discovery, augmented data discovery, search-based data discovery, and self-service data preparation.
By application, the market segmentation consists of security & risk management, sales & marketing management, asset management, supply chain management, and others.The global data discovery market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.