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Coin Geek
06-05-2025
- Business
- Coin Geek
Singapore turns to quantum solutions in tackling cyber threats
Homepage > News > Tech > Singapore turns to quantum solutions in tackling cyber threats Getting your Trinity Audio player ready... Singapore is spearheading a cybersecurity revolution, leaning on emerging technologies to combat a new wave of digital threats. According to a report, three local technology companies are leading the vanguard with artificial intelligence (AI) and quantum computing solutions as an additional layer of defense. The companies include Cyber Sierra, pQCee, and cloudsineAI with their cybersecurity solutions for Singaporean enterprises. The trio has received $15 million in funding from the CyberSG Talent, Innovation, and Growth Collaboration Center, a partnership between Singapore's Cyber Security Agency (CSA) and the National University of Singapore (NUS). Cyber Sierra is leaning on AI to enable firms to achieve cybersecurity compliance standards. The funded cybersecurity firm has launched two tailor-made services for firms to employ to detect risks while reducing response times. pQCee's offering, Safeguard, is showing glimpses of promise with its quantum-computing risk mitigation functionalities, protecting corporate data from bad actors. cloudsineAI, on the other hand, is finding success with its generative AI firewall, which protects critical AI applications from interference from bad actors. 'We support companies developing advanced digital infrastructure protection, strengthening our nation's defenses while empowering collaborative global efforts against a rising tide of cyberattacks, marked by a 30% increase in 2024,' read CyberSG's report. Cyberattacks are growing in complexity, given the proliferation of generative AI in recent months. Experts are drawing attention to the risks posed by data leaks and prompt injection, with professional services firm Deloitte predicting steep losses of up to $40 billion by 2027. Furthermore, experts warn that rapid quantum computing innovation may provide bad actors with the tools required to break through traditional cybersecurity defenses. CyberSG notes that traditional offerings are a one-size-fits-all approach not tailor-made for the changing, emerging technology landscape. Global cybercrime costs are increasing at alarming levels, with one report projecting it to grow by 15% over the next five years and reach more than $10 trillion in 2025. Several studies say AI in the hands of cybersecurity teams is the best option to stifle fresh risks from bad actors using emerging technology for illicit activities. Microsoft (NASDAQ: MSFT) is equipping up to one million South Africans with AI skills amid a surge in AI-based scams. While AI is a powerful tool on its own, its integration with blockchain technology is being considered a veritable strategy by cybersecurity firms to protect sensitive data, given the latter's immutability and decentralization features. A mad dash for quantum computing Elsewhere, a group of researchers has achieved certified randomness in number generation using quantum computers, potentially changing the game for cryptography. According to a report, the researchers reached the milestones using a 56-bit trapped-ion computer to generate random numbers in record time. The study involved researchers from JPMorgan Chase (NASDAQ: JPM) and Quantinuum, teaming up to achieve certified randomness beyond the abilities of traditional supercomputers. While traditional supercomputers seem to be able to achieve randomness easily, a closer look reveals that the figures are not truly random. The research paper argues that these supercomputers only mimic the concept of randomness using algorithms that experts say pose security risks if hackers identify the pattern. However, leaning on Quantinuum's ion computer, the joint research team generated more than 70K bits within seconds. The results outclassed the top four supercomputers working around the clock in concert by a country mile. To confirm the study's results, a group of supercomputers verified claims that the generated figures did not use any algorithm. 'Our results demonstrate a step towards the practical applicability of present-day quantum computers,' read the report. On the technical side of things, quantum computers can achieve certified randomness given their intrinsic nature. Quantum computers are inherently indeterministic, while traditional supercomputers are deterministic in nature. Use cases for the certified randomness capabilities are endless. The researchers are eyeing mainstream applications in banking, gambling, lotteries, and A/B testing, but the supercomputing power required may stifle widespread utility. Experts say quantum-certified randomness can be deployed in blockchain technology for military-grade consensus algorithms and smart contracts. There is a growing trend for quantum computing in several industries to keep up with the searing pace of digitalization. India recently rolled out a full-stack quantum computing system in an attempt to become the regional leader in the sector. Microsoft (NASDAQ: MSFT) also has plans to ship a quantum computer for industrial applications in the future, but experts are warning against heightened cybersecurity risks. Meanhwile, Chinese researchers have broken into classical encryption systems using quantum computers, sparking worry over the future of cybersecurity. Watch: Adaptable blockchain system to tackle real-world problems title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen="">
Associated Press
28-04-2025
- Business
- Associated Press
SendQuick and pQCee Announce Strategic Partnership to Drive Quantum-Ready Solutions
Empowering Over 1,000 Enterprises and SMEs with Post-Quantum Messaging and Authentication Capabilities 'By joining forces, we are enabling organizations to adopt quantum-safe strategies that reinforce their trust and security in messaging and authentication.'— Mr JS Wong, CEO of SendQuick Pte Ltd SINGAPORE, April 28, 2025 / / -- SendQuick Pte Ltd, a trusted provider of messaging and authentication platforms and pQCee Pte Ltd, a leader in cutting-edge post-quantum cybersecurity solutions, are proud to announce a groundbreaking partnership to revolutionize enterprise security. The two companies signed a Memorandum of Understanding (MOU) on 21 April 2025 to formalize this collaboration, paving the way for enhanced, quantum-ready solutions for businesses. The partnership combines pQCee's advanced post-quantum products, including quantum-safe encryption and secure key management, with SendQuick's widely adopted messaging and authentication solutions. With a customer base exceeding 1,000 enterprises and SMEs, SendQuick's clients will now have access to integrated solutions that prepare them for a quantum-secure future. 'This partnership with pQCee marks an important milestone for our company and customers. By joining forces, we are enabling organizations to adopt quantum-safe strategies that reinforce their trust and security in messaging and authentication,' said Mr JS Wong, CEO of SendQuick Pte Ltd. 'The quantum threat is real and SendQuick will lead the way in helping our customer mitigate and prevent such attacks'. Dr Teik Guan Tan, CEO of pQCee added, 'At pQCee, we are committed to staying ahead of the cybersecurity curve, and our partnership with SendQuick reflects this dedication. Together, we will empower businesses with robust, future-proof solutions that seamlessly integrate quantum-safe technologies into their everyday operations.' The collaboration will provide SendQuick's customers with a pathway to adopt post-quantum security technologies, ensuring their sensitive data and communications are protected against emerging threats posed by advances in quantum computing. By integrating post-quantum algorithms and secure messaging platforms, this partnership offers unparalleled end-to-end protection. With this strategic integration, SendQuick and pQCee are set to redefine enterprise cybersecurity, offering scalable, quantum-ready solutions that safeguard data integrity and privacy for years to come. About SendQuick Pte Ltd: SendQuick is a leading provider of communications platforms specializing in enterprise mobile messaging, IT alerts, and secure remote access solutions with Multi-Factor Authentication (MFA). SendQuick serves businesses across various industries with award-winning solutions that enhance operational security, efficiency, and communications. About pQCee Pte Ltd: pQCee is a leader in post-quantum cryptography solutions, dedicated to developing advanced security tools to protect organizations against future cyber threats. With a team of world-class researchers and engineers, pQCee delivers scalable, quantum-resistant encryption solutions designed to safeguard critical data and digital assets. For media inquiries, please contact: Contact Information SendQuick Pte Ltd Andy Hun [email protected] pQCee Pte Ltd Dr TAN Teik Guan [email protected] Andy Hun SendQuick Pte Ltd email us here Visit us on social media: Facebook LinkedIn YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Malay Mail
23-04-2025
- Business
- Malay Mail
Singapore cybersecurity companies pioneer AI and quantum computing solutions to combat global threats
cloudsineAI: Blocking malicious content in GenAI applications Cyber Sierra: The AI platform with agentic infrastructure for comprehensive compliance and protection pQCee: Futureproofing data against quantum threats Debuting Singapore's cybersecurity solutions at the RSA Conference 2025 SINGAPORE - Media OutReach Newswire - 23 April 2025 - The global cybersecurity landscape is rapidly evolving, with the annual cost of cybercrime projected to reach US$10.5 trillion by 2025, up from US$8 trillion in 2023. This sharp rise underscores the urgent need to address cyber risks, as malicious actors continue to exploit vulnerabilities across industries worldwide. In response, Singapore is accelerating the development of cybersecurity innovations, not only to protect its own infrastructure but also to address emerging risks homegrown companies, cloudsineAI, Cyber Sierra and pQCee, are leading this effort with specialized solutions to tackle some of the biggest threats today like GenAI-driven attacksand quantum decryption risks. These challenges remain difficult for traditional cybersecurity solutions to address. With 70 to 80 percent of existing tools being one-size-fits-all, critical gaps in protection remain, leaving organizations vulnerable to increasingly sophisticated Singapore-based innovators are supported by the US$15 million CyberSG Talent, Innovation, and Growth Collaboration Center, a joint initiative between the National University of Singapore (NUS) and the Cyber Security Agency of Singapore (CSA). By targeting high-impact, niche vulnerabilities, they help organizations worldwide stay ahead of emerging threats while ensuring the safe use of new technologies."Singapore's CyberSG Talent, Innovation and Growth Collaboration Center, in conjunction with our National Cybersecurity R&D Program, aims to drive key innovations in the global cybersecurity landscape. We support companies developing advanced digital infrastructure protection, strengthening our nation's defenses while empowering collaborative global efforts against a rising tide of cyberattacks, marked by a 30 percent increase in 2024," said Associate Professor Benjamin Tee, Vice President (Ecosystem Building), NUS GenAI adoption rapidly increases, so do the risks they pose, from prompt injection to sensitive data leakage. According to the Big Four accounting firm Deloitte, it is expected that GenAI could enable fraud losses to reach $40 billion in the US by 2027. To address these emerging threats, cloudsineAI has launched a new GenAI firewall, built specifically to protect mission-critical GenAI applications. Unlike traditional firewalls that protect against standard network or web application threats, this solution is powered by its unique ShieldPrompt™ multi-layered defense that actively scans both user inputs and AI-generated outputs to prevent the injection and block harmful or sensitive GenAI firewall also complements any AI guardrails to provide an updated threat vector database, contextualized security controls and integration with other security tools such as SIEMs. This innovation ensures that organizations can safely and securely innovate with GenAI while mitigating advanced cyber Sierra's AI platform and agentic infrastructure enables complete protection and compliance. By integrating Cyber Governance, Risk Management, and Compliance (GRC) as well as Continuous Controls Monitoring (CCM), the architecture is built to meet the evolving demands of security and compliance teams. By harnessing intelligent automation and AI agents into human teams, Cyber Sierra is transforming how organizations detect risks, accelerate response times, while maintaining comprehensive Sierra is also the first cybersecurity company in Southeast Asia to be recognized as a Sample Vendor in two key categories, Cyber GRC and CCM, in the Gartner® Hype Cycle for Cyber Risk Management by pQCee is a lightweight security tool that protects documents from the growing risks posed by quantum computers. Hackers are already stealing encrypted data today, with plans to decrypt it once powerful quantum computers become available. As this technology advances, sensitive documents stored now could be compromised in the future, making quantum-safe encryption a critical need compliant with security standards set by the National Institute of Standards and Technology, SafeQuard safeguards the long-term confidentiality of high-value documents, protecting sensitive personal data and proprietary business information well into the quantum three cybersecurity companies (see Annex A for quotes), along with three others from the CyberSG Talent, Innovation, and Growth Collaboration Center (The Center), will showcase their solutions at Singapore's first national pavilion at the RSA Conference 2025 held from 28 April to 1 May 2025 at the Moscone Center in San Francisco (see Annex B for more information on the companies).Organized by the Center and SGTech, the Singapore Pavilion aims to position the country as both a leading hub for cybersecurity innovation and a strategic gateway to Asia's rapidly expanding US$7.5 billion digital economy. For more information on the Centre, please visit Hashtag: #cybersecurity #singaporecybersme #CybersgTIG #nusenterprise #NUS The issuer is solely responsible for the content of this announcement. CyberSG Talent, Innovation and Growth Collaboration Centre The CyberSG Talent, Innovation and Growth Collaboration Centre, established by the Cyber Security Agency of Singapore (CSA) in partnership with the National University of Singapore (NUS), will play a key role in achieving a comprehensive approach to ecosystem development which consolidates and enhances CSA's existing talent and innovation initiatives. The Centre will enable synergies between cybersecurity talent, innovation and growth industry, by serving as a national node to integrate and create relevant programmes for industry and talent development. It will help build a vibrant cybersecurity ecosystem by bring together industry, academia, individual and government stakeholders to leverage the opportunities posed by digitalisation. For more information on the Centre, please visit National University of Singapore (NUS) The National University of Singapore (NUS) is Singapore's flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 16 colleges, faculties and schools across three campuses in Singapore, with more than 40,000 students from 100 countries enriching our vibrant and diverse campus community. We have also established more than 20 NUS Overseas Colleges entrepreneurial hubs around the world. Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, research centres of excellence, corporate labs and more than 30 university-level research institutes focus on themes that include energy; environmental and urban sustainability; treatment and prevention of diseases; active ageing; advanced materials; risk management and resilience of financial systems; Asian studies; and Smart Nation capabilities such as artificial intelligence, data science, operations research and cybersecurity. For more information on NUS, please visit NUS Enterprise NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. We actively promote entrepreneurship and cultivate global mind-sets and talents through the synergies of experiential learning, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Our initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. We provide expertise and connections to create successful spin-offs and translate innovations into the marketplace through industry collaboration. These initiatives augment and complement the University's academic programmes and act as a unique bridge to industries well beyond Singapore's shores. For more information on NUS Enterprise, please visit
