Issued on behalf of Scope Technologies Corp.
VANCOUVER – Baystreet.ca News Commentary — Businesses are racing to protect their data from two massive security threats converging at once. Quantum computers expected by 2035 will be powerful enough to crack today's encryption in hours[1], while hackers are increasingly bypassing security by simply stealing login credentials rather than breaking through firewalls[2]. The combination is forcing companies to completely rebuild how they protect sensitive information and control who gets access to their systems. This shift is creating opportunities for companies building next-generation security platforms, with recent developments from Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Jamf Holdings Corp. (NASDAQ: JAMF), ADTRAN Holdings, Inc. (NASDAQ: ADTN), Zscaler, Inc. (NASDAQ: ZS), and CyberArk (NASDAQ: CYBR).
The numbers show how urgent this has become. Deloitte reports that 83% of organizations are already evaluating quantum risks, yet most still lack clear plans for upgrading their systems[3]. At the same time, critical infrastructure from telecommunications to healthcare is being hit with attacks that exploit weak authentication, with hackers now "logging in" rather than "breaking in" to steal data[4]. Companies that can deliver both quantum-resistant encryption and modern access control are positioned at the center of a security transformation that analysts expect will generate billions in spending over the next decade.
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) recently announced its QSE Group division has signed a non-exclusive value-added distributor (VAD) agreement with Enzo Plus Asia Pte Ltd., a regional technology provider operating in Malaysia and Singapore.
Through this collaboration, Enzo Plus will represent QSE Group's quantum-resilient data protection technologies across more than 300 channel partners and system integrators throughout Southeast Asia, significantly strengthening the company's reach in one of the world's fastest-growing technology markets.
By leveraging Enzo Plus' established presence, including local offices, sales teams, and technical personnel in Malaysia and Singapore, QSE Group gains scalable regional coverage and faster customer response times without substantial fixed operational costs.
"This collaboration is a meaningful step forward in our mission to make enterprise-grade quantum security a global standard," said Ted Carefoot, CEO of QSE Group — a Scope Technologies Division. "Enzo Plus provides the regional expertise, partner network, and on-the-ground support necessary to help organizations across Southeast Asia adopt true quantum-resilient protection today—not years from now."
The collaboration provides immediate access to localized market intelligence and regional credibility, lowering customer acquisition costs, shortening sales cycles, and accelerating adoption among enterprise and government clients.
Enzo Plus' developing footprint in Indonesia further expands reach across the region, positioning QSE Group to capture opportunities in emerging markets where digital transformation, government modernization initiatives, and data sovereignty requirements continue to drive demand for advanced security solutions.
“We see this as more than a distributor agreement—it’s a regional alliance built on shared vision and innovation,” said Desmond Teo, Founder and CEO of Enzo Plus. “Together with QSE, we aim to make quantum-resilient security a practical reality for every organization in Southeast Asia.”
The Southeast Asia expansion builds on recent momentum as the company released QSE.API, the first publicly accessible interface delivering quantum-secure entropy to developers, IT teams, and enterprise security architects across industries.
The API enables organizations to autonomously generate and deploy true quantum entropy for encryption key creation and secure communications without requiring new hardware, middleware, or external dependencies. Key features include NIST SP 800-22 compliant quantum entropy on demand with low latency and high throughput, hardware-free integration, and enterprise-grade controls with statistical verification and performance monitoring.
"The release of QSE.API marks a pivotal step in our mission to make quantum-resilient security accessible and autonomous," said Carefoot. "By enabling organizations and developers alike to generate and manage their own quantum entropy keys directly within their systems, we're empowering them with independence and control --- the cornerstones of true data security. This API is the cornerstone of our broader mission to democratize post-quantum security."
Scope Technologies also released QSEaaS V2, an enhanced version offering user experience comparable to mainstream cloud services like Google Drive or Dropbox while maintaining zero-trust, quantum-secure foundation. The integrated Decentralized Cloud Storage network leverages IPFS-based encryption and data distribution with regionalized redundancy for compliance, high availability, and total data sovereignty.
The company achieved Level 1 certification under the CyberSecure Canada program, validating adherence to robust cybersecurity practices and positioning it for government and enterprise contracts requiring verified security frameworks. As an active member of the Canadian Association of Defence and Security Industries (CADSI), Scope continues building credibility within defense and critical infrastructure sectors.
The company also recently acquired Cloud Codes, expanding its authentication and storage ecosystem through established infrastructure and revenue-generating capabilities. Market positioning appears compelling as the global SSO market is projected to exceed US$6 billion by 2032, while post-quantum cryptography is expected to reach $17.69 billion by 2034.
Now, moving forward, the company earlier this year secured C$2.8 million in expansion capital backed by institutional investors, providing runway for continued product development and market expansion.
Article Sources: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
Jamf Holdings Corp. (NASDAQ: JAMF) has entered into a definitive agreement with Francisco Partners to be acquired for $13.05 per share in an all-cash transaction valued at approximately $2.2 billion. The purchase price represents a premium of approximately 50% over Jamf's volume weighted average closing share price for the 90 days prior to September 11, 2025, with the transaction expected to close in the first quarter of 2026.
"Since Jamf's founding more than 20 years ago, we have made significant strides in advancing our mission to help organizations succeed with Apple," said John Strosahl, CEO of Jamf. "We believe transitioning to a private company will provide greater financial flexibility and strategic alignment to accelerate growth, expand through innovation and M&A, and strengthen our market leadership."
Upon completion of the transaction, Jamf will become a privately held company and shares will no longer be listed on any public market, while continuing to operate under the Jamf name and maintain its headquarters in Minneapolis, Minnesota. Vista Equity Partners, Dean Hager and John Strosahl, who collectively own approximately 35.3% of Jamf's outstanding shares, have agreed to vote their shares in favor of the transaction.
ADTRAN Holdings, Inc. (NASDAQ: ADTN) has launched industry-first Galileo OSNMA authentication for its Oscilloquartz synchronization platforms, marking a major advance in GNSS security. OSNMA is the first GNSS authentication service designed for civilian use, and Adtran is the first in the timing industry to support it, with the feature available via firmware update for supported multi-band GNSS receivers across OSA 5412, OSA 5422, OSA 5430 and OSA 5440 product lines.
"This is a milestone for GNSS security," said Gil Biran, GM of Oscilloquartz, Adtran. "As the first in the timing industry to support Galileo's OSNMA service, we're setting a new standard for authenticated satellite synchronization. From 5G and smart power grids to financial networks and data centers, bringing authentication to GNSS is a game changer for critical infrastructure."
By verifying that timing data originates from genuine Galileo satellites, OSNMA ensures authenticity and integrity at the point of reception, adding an extra layer of protection against spoofing and manipulation for critical infrastructure. Adtran's Oscilloquartz Syncjack probing adds a second layer of defense, detecting record-and-replay attacks by comparing GNSS signals against trusted PTP sources, helping identify subtle timing manipulations and delay attacks that traditional receivers may miss.
Zscaler, Inc. (NASDAQ: ZS) has unveiled new innovations for Zscaler Digital Experience (ZDX) that help enterprises monitor and fix performance issues faster, achieving real-time insights across the internet and endpoint while cutting issue detection by 98% and resolving issues in minutes. The enhancements deliver visibility that helps ensure a seamless Zero Trust experience and optimal productivity for users everywhere, addressing an estimated $400 billion in annual losses from digital downtime.
"ISP disruptions, like the recent Red Sea cable cuts, cause significant outages for businesses and end users alike," said Dhawal Sharma, EVP of Products, Zscaler. "These innovations give enterprises end-to-end visibility and control to keep users productive, resolve issues in minutes instead of days, and ensure reliable app experiences globally—all while lowering costs by extending device lifecycles and holding service providers accountable."
New ZDX innovations include Network Intelligence that identifies ISP bottlenecks and enables organizations to reroute traffic to another Zscaler Zero Trust Exchange data center, Zscaler Managed Monitoring that monitors critical SaaS and custom web apps 24/7 with multipath insights from global locations, and Device Health Score features that deliver enterprise-wide visibility into device health and performance. These capabilities allow administrators to monitor device health, optimize utilization, and remotely remediate, extending device lifecycles and minimizing end user disruptions.
CyberArk (NASDAQ: CYBR) has been named a Leader in the 2025 Gartner Magic Quadrant for Privileged Access Management for the seventh consecutive time, positioned furthest in Completeness of Vision. More than 10,000 organizations across the globe, including more than 55% of the Fortune 500, trust CyberArk's solutions to secure their most valuable assets, with customers achieving an average annual benefit of $3.1 million per organization and a three-year ROI of 309%.
"We believe that CyberArk's recognition by Gartner as a Leader in privileged access management is testament to our security-first vision of protecting all identities, including human, machine and AI," said Matt Cohen, CEO of CyberArk. "CyberArk continues to shape the future of privileged access management through relentless innovation, investment in R&D and strategic acquisitions. As an increasing number of identities in enterprises gain privileged access, it is more critical than ever for organizations to secure all identities at scale with intelligent privilege controls."
The CyberArk Identity Security Platform enables organizations to secure all identities with the right level of privilege controls from a single, unified platform, with CyberArk's Privileged Access Management solutions helping security teams secure privileged credentials, secrets and access across any environment.
With a customer satisfaction score over 95% and rated best-in-class across Windows privilege elevation and delegation management, remote privileged access management, PAM for machines, and privileged account and session management, CyberArk delivers market-leading capabilities that address AI agent threats, workload protection, and discovery capabilities through its CyberArk CORA AI platform.
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SOURCES CITED:
1. https://www.bcg.com/publications/2025/how-quantum-computing-will-upend-cybersecurity
2. https://www.securityweek.com/cybersecurity-awareness-month-2025prioritizing-identity-to-safeguard-critical-infrastructure/
3. https://technode.global/2025/10/17/quantum-computings-top-3-cybersecurity-threats-and-why-we-cant-ignore-them/
https://www.securityweek.com/cybersecurity-awareness-month-2025prioritizing-identity-to-safeguard-critical-infrastructure/
