NXM Labs Announces Breakthrough in Quantum-Safe Security for Existing Computers and IoT Devices

NXM QUAKE Strengthens Existing Security and IT Practices to Keep Devices, Software, Communications and Data Safe from Future Quantum Attacks

SAN FRANCISCO and TORONTO, April 24, 2019 /PRNewswire/ -- (QUANTUM SUMMIT) - NXM Labs, Inc., the leader in autonomous security and data integrity solutions, today announced NXM QUAKE (Quantum Augmented Key Encapsulation), a ground-breaking security solution that protects existing computers and connected devices against the threat of future quantum attacks. It will be demonstrated for the first time at the Quantum Summit in Toronto.

NXM QUAKE Key Features and Benefits:

    --  Software/firmware solution that is designed to be easily installed by
        system administrators and integrators and does not require changes to
        existing security protocols or enterprise processes.
    --  Requires very little computing resources and is designed to run on any
        embedded hardware or system, from low power sensors to the largest
        servers.
    --  Takes advantage of NXM's future-proof agile crypto framework that
        protects against evolving threats by enabling devices to automatically
        change their keys and/or encryption schemes on-demand at any time.

Closing the "Quantum Gap"

Rapid advances in quantum computing are leading inevitably to the day that a quantum computer will be able to quickly crack existing encryption systems, threatening global financial institutions, national security as well as personal privacy. NXM QUAKE enables private, public and national security organizations to act now to safeguard critical computers, devices and data assets against current and evolving security threats by means of a simple software upgrade.

NXM QUAKE was developed through an industry-academic partnership between Ryerson University Cybersecurity Research Lab and NXM. The patent-pending technology is currently being tested on NXM's autonomous IoT security platform. The first commercial implementation will be in connected and autonomous vehicles this year.

NXM QUAKE forms part of NXM's autonomous security methodology that enables connected devices to automatically manage their own security without human intervention. This is achieved using blockchain and agile cryptography. Self-governing devices autonomously maintain and update their encryption keys based on whoever holds the root of trust.

About NXM Labs

NXM Labs develops advanced security and data integrity software that leverages data from connected devices to provide business intelligence and insights. Recipient of the Frost & Sullivan's 2019 North American Visionary Innovation Leadership Award in IoT Security, NXM is engaged in ongoing research and commercialization efforts with global leaders in communications, semiconductors, automotive, enterprise software and other sectors. The Company is headquartered in San Francisco with R&D facilities in Toronto. For more information visit www.nxmlabs.com

Media and Analyst Contact:
Shelly Sofer
shelly@nxmlabs.com
647-767-9420

Business Contact:
Reuven Soraya
reuven@nxmlabs.com
416-899-6833

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SOURCE NXM Labs, Inc.