01 Communique Laboratory Inc.’s quantum-safe encryption “IronCAP” proved to be un-hackable after the Company issued a world-wide challenge to hackers to crack the Company’s quantum-safe encryption in 36 days in exchange for a $100,000 prize. Nobody was able to break the Company’s encryption providing further validation of the strength of IronCAP’s encryption platform.
The hackathon was open to all security experts, cybersecurity enthusiasts, hacker, etc. around the world and attracted a total of 517 entries. Entrants were given 36 days to try cracking the the IronCAP encryption and had the opportunity to win a $100,000 prize if they were successful. Not a single contestant was able to crack the IronCAP encryption.
Businesses and governments are preparing for the serious threat that quantum computing poses to traditional encryption. IronCAP’s strength has been endorsed by industry experts. The CIOReview Editor’s Choice Award is a proof that IronCAP is a promising quantum safe encryption today. For information on how IronCAP can help your company or clients become quantum safe, please visit our website, https://www.ironcap.ca/,.
01 Communique Announces Bounty Contest 2021
Posted in Commentary with tags 01 Communique on January 19, 2021 by itnerd01 Communique Laboratory Inc. one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era, has announced a Bounty Contest. You are invited to join the Bounty Contest 2021 (February 22 – March 22) for the chance to win a grand prize of CAD100,000 in cash. This Bounty Contest is exclusively sponsored by PwC China.
As the race for quantum supremacy intensifies, so is the concern over cyber security. Quantum computers could very well crack traditional encryption earlier than we expect. Canadian Company 01 Communique claims that its cryptography technology, IronCAP™ can be deployed on existing computers in order to protect them against the quantum threat. It is prepared to put IronCAP™ to the test in the Bounty Contest.
The Company expects participants from around the world to test its quantum-safe encryption. Beginning on Monday, February 22 at 12am EST, participants will be given 30 days to explore IronCAP™ encryption. A cash prize of CAD100,000 will be awarded to the first person that is able to break the encryption. The result will be announced on Monday, March 22 where the outcome of the Bounty Contest will be revealed!
You can register for the event beginning February 8th online at https://ironcap.ca/ironcap-bountycontest
Leave a comment »