TechCreate Group Ltd. and pQCee Intend to Collaborate on One of the First Quantum-Safe QR Hybrid POS Terminal
TechCreate Group Ltd. Class A Ordinary Shares (TCGL)
Company Research
Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--TechCreate Group Ltd. (NYSE American: TCGL) (“TechCreate” or the “Company”), a technology consultancy and advanced software solutions provider specializing in payment solutions, cybersecurity, and digital services, announced its intention to collaborate with pQCee Pte Ltd, a quantum cybersecurity solutions provider, to explore the incorporation of NIST (National Institute of Standards and Technology) approved Post-quantum cryptography (PQC) algorithms in the Company’s QR Hybrid POS terminals.These terminals are expected to explore transitioning away from current encryption standards—like RSA and ECC—which are vulnerable to quantum computing, with a view to enhancing the security of cardholder data and transaction keys. Such an approach is intended to help mitigate the "Harvest Now, Decrypt Later" (HNDL) threat, where attackers are currently capturing and storing encrypted sensitive data (payment details, user IDs) from QR/card transactions with the inte
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- TechCreate Group Ltd. and pQCee Intend to Collaborate on One of the First Quantum-Safe QR Hybrid POS Terminal [Yahoo! Finance]Yahoo! Finance
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