Arqit Group has officially launched its Encryption Intelligence platform, a solution designed to help organizations transition to post-quantum cryptography (PQC) in anticipation of future quantum computing threats. The tool, announced this month, provides automated identification and management of cryptographic assets, offering a comprehensive overview of an organization's encryption environment to detect weaknesses and prioritize risks.
The platform enables real-time discovery of overlooked encryption flaws across networks, software applications, and cloud infrastructures. Its core capabilities include generating actionable insights to shape migration blueprints, replacing outdated encryption methods, and preparing defenses against both current and future quantum-based attacks. Graham, Arqit's Chief Security Officer, stated: "Businesses can’t control risks they’re unaware of. Our solution delivers the clarity and oversight required to orchestrate PQC transitions smoothly, keeping expenses down and disruptions minimal while aligning with new regulatory demands."
Arqit's credibility is reinforced by its participation in the UK National Cyber Security Centre's (NCSC) Post-Quantum Cryptography Pilot program under the Assured Cyber Security Consultancy Scheme. The Encryption Intelligence platform is now commercially available, with a focus on accessibility for enterprises, though specific pricing details were not disclosed.
This development occurs against a backdrop of growing concern within the cryptocurrency industry regarding quantum computing's potential to break current cryptographic protections. Modern blockchain security relies on public-key cryptography, where deriving a private key from a public key is computationally infeasible for classical computers. However, quantum algorithms like Shor's and Grover's could theoretically solve these mathematical puzzles much faster.
Experts note that while a powerful quantum computer could theoretically compromise cryptographic protections, such large-scale, fault-tolerant machines do not currently exist and are likely years or even decades away from posing a substantial threat. For context, a quantum computer would still take an estimated half a million years to guess a 128-bit seed, a common standard in cryptocurrency wallets.
In response, the crypto industry is proactively developing quantum-resistant cryptography, including lattice-based cryptography and hash-based schemes. Global organizations are working to evaluate and standardize these systems for future widespread adoption. For now, developers and IT experts are collaborating to safeguard the industry, urging users to protect private keys, use trusted wallets, and stay informed about advancements in quantum-resistant protocols.
