Unisys Launches First Post-Quantum Cryptography Service to Block Future Security Threats
Rhea-AI Summary
Unisys (NYSE: UIS) has launched its first Post-Quantum Cryptography (PQC) service, introducing a cryptographic posture assessment as part of its cybersecurity portfolio. The service helps organizations prepare for future quantum computing threats by providing a complete analysis of their cryptographic environment and identifying vulnerabilities.
The company plans to roll out additional PQC capabilities including:
- PQC strategy and consulting services
- PQC infrastructure modernization services
- Crypto-agility services
Unisys has also joined the Chicago Quantum Exchange (CQE) to advance quantum technology applications. The initiative addresses the future risk where quantum computers could break current cryptographic algorithms, potentially compromising protected data.
Positive
- First-mover advantage in Post-Quantum Cryptography services market
- Strategic partnership with Chicago Quantum Exchange (CQE)
- Expansion of cybersecurity portfolio with new PQC capabilities
Negative
- Services target future threats with uncertain timeline for quantum computing adoption
- Significant investment required in developing multiple new PQC capabilities
News Market Reaction
On the day this news was published, UIS gained 1.09%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Cryptographic posture assessment is part of the company's cybersecurity portfolio and is designed to bolster global quantum resiliency
Quantum computers will be game-changing for a multitude of industries by quickly making highly complex simulations possible in record time. However, that same groundbreaking computational power will be able to break current cryptographic algorithms in a matter of seconds, putting protected data at risk. That's where Unisys steps in to help organizations improve their security. Its PQC capabilities and services enable Unisys to identify and deploy the right post-quantum cryptographic algorithms, provide guidance on what to prioritize based on business needs, build migration road maps and implement governance built to ensure data is secure.
"While quantum computers are several years away from commercial availability, the risk of data theft now for decryption later by malicious actors exists today," said Manju Naglapur, senior vice president and general manager, Cloud, Applications & Infrastructure at Unisys. "Through our holistic set of services, we empower organizations to hit head-on the challenges of post-quantum cryptography, help them navigate the complexities, and create a program designed to protect their IT estate from cyber threats now and in the future."
Over the next year, Unisys will introduce the following additional PQC capabilities:
- PQC strategy and consulting services: Unisys designs a tailored PQC transition roadmap based on clients' needs (including modernization pathways), keeping organizational constraints and prioritizations in mind. It also provides guidance on achieving crypto agility.
- PQC infrastructure modernization services: Unisys implements quantum-resistant technologies, such as quantum key management, and provides complex cybersecurity program management.
- Crypto-agility services: Unisys implements tailored crypto-agile strategies, allowing for holistic maintenance and consistent improvements in cyber posture based on organizations' needs.
Unisys also recently joined the Chicago Quantum Exchange (CQE), kicking off a partnership aimed at driving industry-specific applications for quantum technology and developing top-tier quantum talent. Drawing on its legacy of innovation and strategic partnerships, Unisys helps businesses proactively strengthen their quantum resiliency and data protection with its PQC capabilities and services.
Click here to learn more about the Post-Quantum Cryptography capabilities and services from Unisys.
About Unisys
Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions – cloud, AI, digital workplace, logistics and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what's possible for more than 150 years, visit unisys.com and follow us on LinkedIn.
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SOURCE Unisys Corporation