EAGLYS, Mitsui and Quantinuum Collaborate to Build a Quantum-Resistant Data Analytics (AI) Platform Using Quantum Computing Hardened Encryption Keys
Tokyo, Japan; Cambridge, U.K., and Broomfield, CO, (December 13, 2023) – In partnership, EAGLYS, Inc., Mitsui & Co., Ltd., and Quantinuum have integrated Quantum Origin into EAGLYS’ secure computation product DataArmor, strengthening the platform against the quantum threat to encrypted data.
Mitsui and EAGLYS have used secure computation technology to build a platform that allows research institutes and businesses to securely collaborate using each other's data and AI models. DataArmor uniquely maintains the confidentiality and security of sensitive data and AI models using homomorphic encryption, a technology that allows analysis to be performed on data while still encrypted. This protects encrypted data from being revealed when shared, safeguarding organizations and their Intellectual Property against advanced cyber threats.
EAGLYS has now integrated Quantum Origin, the world’s only solution that uses the power of quantum computing processes to provably strengthen encryption keys, as part of their Quantum-Resistant Data Analytics (AI) Platform. This integration strengthens the resilience of DataArmor against the threat of a quantum-computing-based attack.
Quantum computers are expected to empower significant innovation in the future and create approximately 100 trillion yen in value by 20351. At the same time, the development of quantum computing technology presents a new threat to the cryptographic security measures that protect the confidentiality of encrypted data and communications. RSA, one of the most widely used cryptographic algorithms, may soon be deciphered by cybercriminals to expose confidential data. It is unclear when a quantum computer will be capable of cracking existing encryption, but organizations are increasingly concerned about cyber security attacks called 'Hack now, Decrypt later.' A recent Deloitte survey revealed that over 50%2 of cyber professionals believe their organization is at risk from this attack, where malicious third parties steal and store encrypted data to decrypt it when the quantum computing technology is available.
As a countermeasure against such potential threats, organizations must strengthen encryption protection for data and AI models by using post-quantum cryptographic algorithms and hardening cryptographic keys.
Research institutes and businesses increasingly need to collaborate using each other's data and AI models to accelerate innovation in chemical materials development, drug discovery, financial analysis, and retail trends. To maintain the confidentiality and security of the data and AI models used in these collaborations, EAGLYS’ DataArmor platform combines fully homomorphic encryption based on lattice cryptography and Quantum Origin’s quantum-derived entropy for key generation to strengthen protection against a quantum computing based attack. Going forward, the three companies will continue to develop new use cases utilizing this platform.
“We are pleased to collaborate on this advanced project with Quantinuum, a world-class quantum computing company, and our valued partner Mitsui & Co. This collaboration is an important initiative for our business and will enhance our Homomorphic Encryption platform, enabling us to create new value for our customers through AI and data in a highly secure environment. By deploying the Quantum-Resilient AI Platform together with the three companies, we hope to further increase customer value through secure data sharing and AI in the chemical, medical, financial, and retail industries.”, said Hiroki Imabayashi, Founder and CEO, EAGLYS Inc.
“Through this collaboration, we are able to present a quantum-resistant data analytics (AI) platform capable of creating new value using EAGLYS' secure computation technology. We are convinced that by combining EAGLYS' secure computation technology with Quantum Origin, DataArmor will become an increasingly important solution to prepare for potential threats that may accompany the commercialization of quantum computers. We will continue collaborating with both companies and focus on realizing new customer value by combining Secure Computation and Quantum Technology.” said Koji Naniwada, Deputy General Manager & Senior Tech Lead, Quantum Innovation Dept., Corporate Development Div., Mitsui & Co., Ltd.
Duncan Jones, Head of Cybersecurity, Quantinuum, added, “Hardening encryption keys is critical to protecting sensitive data in the post-quantum era, and Quantum Origin is the world’s only technology that provably strengthens key generation. By integrating Quantum Origin, EAGLYS is future-proofing the security and integrity of its customer's data.”
Tammy Swanson, Quantinuum
Mitsui & Co., Ltd.
Corporate Communications Div.
Quantinuum is one of the world’s largest integrated quantum computing companies, formed by the combination of Honeywell Quantum Solutions’ world-leading hardware and Cambridge Quantum’s class-leading middleware and applications. Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. The company employs over 480 individuals, including 350 scientists, at nine sites across the United States, Europe, and Japan.
About Mitsui & Co., Ltd.
Mitsui & Co. is a global trading and investment company with a presence in more than 60 countries and a diverse business portfolio covering a wide range of industries.
The company identifies, develops, and grows its businesses in partnership with a global network of trusted partners including world leading companies, combining its geographic and cross-industry strengths to create long-term sustainable value for its stakeholders.
Mitsui has set three key strategic initiatives for its current Medium-term Management Plan: supporting industries to grow and evolve with stable supplies of resources and materials, and providing infrastructure; promoting a global transition to low-carbon and renewable energy; and empowering people to lead healthy lives through the delivery of quality healthcare and access to good nutrition.
Visit https://www.mitsui.com/jp/en/index.html for more information.
About EAGLYS Inc.
EAGLYS is a company that provides an AI platform that uses AI and Homomorphic Encryption. The company creates new value by collaborating data from various industries such as chemical, manufacturing, medical, and retail. Particularly in the field of chemistry, EAGLYS provides solutions that significantly change industry practices.
Visit https://www.eaglys.co.jp/product/alchemista/ for more information
1 Quantum Computing Is Becoming Business Ready, Boston Consulting Group, 2023
Kaniah is Chief Legal Counsel and SVP of Government Relations for Quantinuum. In her previous role, she served as General Counsel, Honeywell Quantum Solutions. Prior to Honeywell, she was General Counsel, Honeywell Federal Manufacturing and Technologies, LLC, and Senior Attorney, U.S. Department of Energy. She was Lead Counsel before the Civilian Board of Contract Appeals, the Merit Systems Protection Board, and the Equal Employment Opportunity Commission. Kaniah holds a J.D. from American University, Washington College of Law and B.A., International Relations and Spanish from the College of William and Mary.
Jeff Miller is Chief Information Officer for Quantinuum. In his previous role, he served as CIO for Honeywell Quantum Solutions and led a cross-functional team responsible for Information Technology, Cybersecurity, and Physical Security. For Honeywell, Jeff has held numerous management and executive roles in Information Technology, Security, Integrated Supply Chain and Program Management. Jeff holds a B.S., Computer Science, University of Arizona. He is a veteran of the U.S. Navy, attaining the rank of Commander.
Matthew Bohne is the Vice President & Chief Product Security Officer for Honeywell Corporation. He is a passionate cybersecurity leader and executive with a proven track record of building and leading cybersecurity organizations securing energy, industrial, buildings, nuclear, pharmaceutical, and consumer sectors. He is a sought-after expert with deep experience in DevSecOps, critical infrastructure, software engineering, secure SDLC, supply chain security, privacy, and risk management.
Todd Moore is the Global Vice President of Data Encryption Products at Thales. He is responsible for setting the business line and go to market strategies for an industry leading cybersecurity business. He routinely helps enterprises build solutions for a wide range of complex data security problems and use cases. Todd holds several management and technical degrees from the University of Virginia, Rochester Institute of Technology, Cornell University and Ithaca College. He is active in his community, loves to travel and spends much of his free time supporting his family in pursuing their various passions.
Retired U.S. Army Major General John Davis is the Vice President, Public Sector for Palo Alto Networks, where he is responsible for expanding cybersecurity initiatives and global policy for the international public sector and assisting governments around the world to prevent successful cyber breaches. Prior to joining Palo Alto Networks, John served as the Senior Military Advisor for Cyber to the Under Secretary of Defense for Policy and served as the Acting Deputy Assistant Secretary of Defense for Cyber Policy. Prior to this assignment, he served in multiple leadership positions in special operations, cyber, and information operations.