Issued on behalf of Scope Technologies Corp.
VANCOUVER – Baystreet.ca News Commentary — A new Google Cloud–commissioned survey found that 60% of senior tech professionals feel their teams lack the personnel needed to process the volume of threat intelligence they receive. Even more concerning, 61% said their teams are overwhelmed, and 59% cited difficulty validating the data’s accuracy or relevance. With emerging threats driven by Agentic AI and quantum computing, many organizations appear ill-equipped for what lies ahead. Keyfactor’s findings reinforce that view, showing nearly half of enterprises are not ready for quantum-era cybersecurity risks. As U.S. lawmakers ramp up pressure to act on quantum resilience, investor attention is shifting toward companies advancing next-generation defense platforms—including Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Okta, Inc. (NASDAQ: OKTA), Palo Alto Networks, Inc. (NASDAQ: PANW), CyberArk Software Ltd. (NASDAQ: CYBR), and WISeKey International Holding AG (NASDAQ: WKEY).
According to Research and Markets, the post-quantum cryptography sector is expected to grow at 41.47% annually and reach US$17.7 billion by 2030. Precedence Research projects that figure could climb to nearly US$30 billion by 2034.
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) has officially launched the new website for its QSE Group division—an overhaul designed to accelerate user acquisition and simplify quantum security adoption. Now live at www.qse.group, the redesigned site introduces AI-powered tools like the Quantum Preparedness Assessment (QPA), guiding users through their quantum risk exposure and helping them take immediate action to secure their data.
“This launch represents more than a visual update—it serves as a functional leap forward,” said Ted Carefoot, CEO of Scope Technologies. “We’ve created a seamless experience where visitors can understand the risks posed by quantum computing, evaluate their current exposure, and immediately take action to secure their data.”
The site’s architecture was built with conversion in mind: visitors are never more than three clicks from key touchpoints like subscription signup, free assessments, or direct contact. It’s fully responsive across mobile and desktop, integrates with ongoing ad campaigns, and balances plain-language messaging for non-tech users with deep technical specs for decision-makers in healthcare, finance, and law.
Scope’s flagship product, Quantum Security Entropy (QSE), is a cloud-based platform that embeds quantum-resilient encryption inside a zero-trust framework. QSE generates randomness from quantum processes, effectively neutralizing both traditional hacks and “harvest now, decrypt later” attacks aimed at future-proof data theft.
The new site rollout coincides with Scope Technologies’ upcoming presence in August at DEF CON 33, where CTO Sean Prescott will speak on the emerging risks of quantum-powered malware in a session titled “Who Controls the Kill Switch of the Future?”
CEO Ted Carefoot will also be in Las Vegas for meetings with cybersecurity teams across public and private sectors. The presentation, held in collaboration with Malware Village, underscores how QSE’s cloud storage and true entropy encryption directly address the rising threat of quantum-enabled exploits.
"This isn't just theoretical anymore," said Carefoot. "Quantum-powered adversaries in the near future will be able to bypass encryption, hijack sessions, and poison AI classifiers at a pace defenders have never seen. Our goal at DEF CON is to assist the security community understand these risks, and how they may impact their current cryptographic systems."
Earlier in July, Scope expanded its leadership bench with the hire of Andrew Knight, a former Microsoft and Electronic Arts executive, as Vice-President of Product. Knight’s mandate is to fast-track the QSE road map and enhance product-market fit across industries vulnerable to evolving cyber threats. With nearly 20 years of experience in cloud-scale deployment and external ecosystem integration, Knight brings both technical and commercial acumen to Scope’s next growth phase.
His arrival followed the June promotion of Carefoot to CEO. Previously the company’s product lead, Carefoot helped shape QSE’s HIPAA-aligned security posture and regulatory orientation. Analysts view the executive shuffle as a clear pivot from R&D toward commercialization, with an emphasis on compliance and enterprise-readiness.
“As Scope Technologies scales its business, having the right leadership at the intersection of technology, operations, and strategic partnerships is key,” said Carefoot. “Andrew brings a rare combination of deep technical execution and commercial strategy honed across several sectors such as digital interactive media, procurement, and partner relationships. His leadership will be central as we evolve QSE’s architecture and expand its adoption across enterprise security environments.”
The company’s QSE mobile app—expected to roll out for both iOS and Android—will extend post-quantum encryption and messaging tools to regulated users on the go, from law firms to medical clinics. Meanwhile, partnerships with World Cyber Health and international resellers such as COGITO (Asia-Pacific) and Coegi Cloud AB (Sweden) have opened access to over 40,000 institutional users.
Earlier this year, Scope completed a $2.8 million financing round led in part by strategic investor First Majestic Silver Corp., a former pilot customer. That capital is now fueling infrastructure scaling, partner channel growth, and QSE client onboarding worldwide.
By pairing post-quantum innovation with enterprise-ready UX, Scope is carving out its place among the next generation of cybersecurity vendors—those solving tomorrow’s problems before today’s defenses expire.
Article Sources: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
Okta, Inc. (NASDAQ: OKTA) and Palo Alto Networks, Inc. (NASDAQ: PANW) have joined forces to combat identity-based cyberattacks using AI-powered tools and shared threat intelligence. Their new integration allows companies to secure employee access to apps and data, even on personal or unmanaged devices.
"Identity plays a critical role in cybersecurity," said Pam Cyr, VP of Technical Partnerships at Palo Alto Networks. "Our deep integrations with Okta ensure that our solutions are engineered to work together, making it easier for our customers to achieve higher levels of security and user experience."
The partnership also links Okta’s AI-driven Identity Threat Protection with Palo Alto’s Cortex platform to automate responses like revoking access or ending risky user sessions.
"AI is supercharging attacks on user credentials, requiring a ‘fight AI with AI’ approach that brings identity directly into an organization's security infrastructure for a real-time and unified response," said Stephen Lee, VP of Technology Partnerships at Okta. "With Palo Alto Networks, Okta is proud to enhance the interoperability of our AI-powered platforms to prevent risks of siloed tools, providing nearly 2000 joint customers with a comprehensive view of their security posture, context-aware access controls, and secure authentication to stay ahead of today’s threats."
Together, they aim to give nearly 2,000 joint customers a faster, more unified way to stop breaches before they start.
Palo Alto also recently announced a definitive agreement to acquire CyberArk Software Ltd. (NASDAQ: CYBR), a global leader in identity security, in a move that combines network defense with privileged access protection. The deal strengthens Palo Alto’s platform with CyberArk’s tools for securing sensitive accounts, passwords, and internal credentials that hackers often target.
"Joining forces with Palo Alto Networks is a powerful next chapter, built on shared values and a deep commitment to solving the toughest identity challenges,” said Udi Mokady, Founder and Executive Chairman of CyberArk. “Together, we'll bring unmatched expertise across human and machine identities, privileged access, and AI-driven innovation to secure what's next. This is more than a combination of technologies—it's an acceleration of the mission we began over two decades ago. I'm incredibly proud of what our team has built and deeply grateful to everyone who made this milestone possible."
Together, the two companies aim to offer a full-spectrum cybersecurity suite that covers cloud, network, endpoint, and identity. The acquisition reflects the growing demand for unified, AI-enhanced protection against sophisticated threats targeting both infrastructure and identity layers.
WISeKey International Holding AG (NASDAQ: WKEY) renewed its WebTrust certification for the OISTE/WISeKey Global Root of Trust, a critical foundation for secure digital identities across the internet.
“The renewal of our WebTrust assurance demonstrates the reliability and resilience of WISeKey’s Trust Services,” said Carlos Moreira, Founder and CEO of WISeKey. “It reflects our commitment to maintaining the highest standards of security and compliance for our global clients.”
This accreditation helps ensure encrypted connections and data integrity for users, websites, and connected devices worldwide. By maintaining compliance with strict browser and CA/Browser Forum requirements, WISeKey reinforces its leadership in trusted digital identity infrastructure.
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