Latest news with #TaherElgamal
Techday NZ
22-04-2025
- Business
- Techday NZ
DigiCert posts record Q4 growth driven by digital trust demand
DigiCert has reported record financial growth for the fourth quarter of its 2025 fiscal year, citing increased demand for integrated digital trust and quantum-ready security solutions. The company said it closed Q4 at 104% of its target for net new annual contract value (NNACV), a result 25% higher than any previous quarter in its history. DigiCert indicated that it surpassed expectations for the entire second half of the fiscal year, achieving 102% of its total annual contract value plan. Chief Executive Officer Amit Sinha said, "Our record results highlight the increasing need for digital trust in a rapidly evolving security landscape. Organisations worldwide are embracing our DigiCert ONE platform to centralise and simplify digital trust management. By securing the entire digital footprint—from authentication and encryption to DNS—our solutions help enterprises reduce risk, eliminate outages, and improve operational efficiency." Between January 2024 and February 2025, DigiCert reported a 67% rise in customers purchasing both a certificate and at least one DigiCert ONE solution, which the company said demonstrates growing demand for integrated, end-to-end platforms. DigiCert's business expansion during the fiscal year included the acquisition of Vercara, a move aimed at bolstering its digital trust capabilities and adding UltraDNS to its offerings. According to the company, this strengthens its position in providing security solutions to enterprises globally. The company also expanded its leadership team, appointing Lakshmi Hanspal as Chief Trust Officer and Atri Chatterjee as Chief Marketing Officer. In addition, Dr. Taher Elgamal, known as the "father of SSL", joined DigiCert as a strategic advisor. Sinha added, "Our record results highlight the increasing need for digital trust in a rapidly evolving security landscape. Organisations worldwide are embracing our DigiCert ONE platform to centralise and simplify digital trust management. By securing the entire digital footprint—from authentication and encryption to DNS—our solutions help enterprises reduce risk, eliminate outages, and improve operational efficiency." DigiCert supported the advancement of post-quantum security through its inaugural World Quantum Readiness Day, an event focused on driving awareness and action for quantum-safe preparedness. The event drew nearly 4,000 registrants, including experts such as Dr. Peter Shor, Dr. Taher Elgamal, Dr. Bob Sutor, and representatives from Google, Accenture, Deloitte, IBM, Cisco, and NIST. In terms of product development, DigiCert said it prioritised innovation through its new DigiCert ONE platform. Throughout FY2025, the company filed 81 patent applications, including nine specific to artificial intelligence and machine learning, 10 related to post-quantum cryptography, and four in the area of content authentication. During the year, the company also introduced DigiCert Device Trust Manager, a platform that provides IoT manufacturers with security management throughout the lifecycle of connected devices. DigiCert cited industry reports projecting the number of connected devices to reach 56 billion, highlighting the need for secure provisioning, compliance management, and risk mitigation. The Device Trust Manager is designed to deliver automated provisioning, end-to-end visibility, and real-time monitoring for connected devices. Additionally, DigiCert announced the availability of Common Mark Certificates (CMCs) to help organisations display verifiable indicators of digital trust. The company stated that it is currently the only provider offering both Common Mark Certificates and Verified Mark Certificates, addressing compliance requirements and reputation protection for enterprises operating online.
TECHx
29-03-2025
- Business
- TECHx
NIST Adds SandboxAQ's HQC to Post-Quantum Cryptography Standards
NIST Adds SandboxAQ's HQC to Post-Quantum Cryptography Standards SandboxAQ has announced that the National Institute of Standards and Technology (NIST) has selected HQC (Hamming Quasi-Cyclic) as the fifth algorithm in its suite of post-quantum cryptographic (PQC) standards. HQC, along with ML-KEM, will play a vital role in securing global communications, including the Internet, cellular networks, payment systems, and more. This is a significant milestone for SandboxAQ, marking its second major contribution to NIST's post-quantum standardization efforts. The selection of HQC reinforces the company's position at the forefront of quantum-resistant cryptography. HQC is a key encapsulation mechanism designed to safeguard the exchange of encryption keys against quantum threats. Unlike traditional encryption methods like RSA and elliptic-curve cryptography (ECC), which are vulnerable to quantum attacks, HQC is based on error-correcting codes, offering strong protection against future quantum decryption methods. NIST's final selection report highlights HQC for its security, computational efficiency, and scalability. These qualities make it suitable for widespread use in industries requiring robust encryption. Following multiple rounds of global cryptanalysis and peer review, HQC stood out as a reliable and secure solution. This achievement follows SandboxAQ's previous involvement with SPHINCS+, another PQC algorithm that NIST selected in 2022. With HQC now officially part of NIST's standards, SandboxAQ has contributed to two out of the five critical post-quantum protocols, further establishing its leadership in the cybersecurity space. HQC's development began in the early 2000s, and by the 2010s, SandboxAQ demonstrated that it solved a 40-year-old challenge in code-based key exchanges. Today, HQC is one of just two protocols that protect the confidentiality of nearly all global communications. SandboxAQ's work with NIST reflects the company's ongoing commitment to quantum-safe cryptography. According to Taher Elgamal, senior advisor at SandboxAQ, HQC provides strong protection against quantum decryption methods while maintaining efficiency for real-world applications. 'With both SPHINCS+ and HQC standardized by NIST, SandboxAQ is leading the way in developing PQC solutions for enterprises and governments,' Elgamal stated. Carlos Aguilar Melchor, Chief Cybersecurity Scientist at SandboxAQ, emphasized the importance of HQC in securing the future of global communications. 'HQC is a key part of the transition to a quantum-safe world, and its inclusion in NIST's standards is a win for global security,' he said. In addition to its contributions to cryptographic standards, SandboxAQ offers AQtive Guard, a cryptography management solution that provides real-time visibility and enhanced security. With its unique AI-driven approach, AQtive Guard helps organizations protect their systems against evolving quantum threats. As quantum computing advances, SandboxAQ remains committed to driving innovation in post-quantum cybersecurity and helping organizations stay prepared for the future of encryption.
