Issued on behalf of Scope Technologies Corp.
VANCOUVER – Baystreet.ca News Commentary — Dutch researchers are racing to secure data against quantum decryption as state-backed actors actively harvest encrypted information for future exploitation[1]. Meanwhile, AI-generated deepfakes drove over $200 million in executive impersonation fraud during the first quarter of 2025 alone, with attackers requiring just seconds of audio to clone voices convincingly[2]. The dual assault from quantum computing capabilities and AI-powered social engineering is forcing enterprises to fundamentally rethink digital security infrastructure across encryption, identity verification, and real-time threat detection, with recent developments coming from Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), BTQ Technologies Corp. (NASDAQ: BTQ), IonQ, Inc. (NYSE: IONQ), Mitek Systems, Inc. (NASDAQ: MITK), and Radware Ltd. (NASDAQ: RDWR).
The cybersecurity market is exploding toward $562.77 billion by 2032, nearly tripling from $219 billion in 2025 as organizations race to implement quantum-resistant cryptography and AI-powered defenses[3]. Financial institutions face particular urgency, with 53% of financial professionals reporting attempted deepfake scams while quantum computers edge closer to breaking encryption standards protecting trillions in digital assets[4], creating immediate demand for next-generation security platforms capable of detecting synthetic media manipulation before financial damage occurs.
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) announced a strategic partnership with Urban Defense Tactics (UDT), a security and infrastructure consultancy serving enterprise, gaming, and financial organizations across the Asia Pacific region. The partnership immediately extends the company's presence into Cambodia and Hong Kong, beginning with an anchor deployment for multiple Cambodian clients. This installation establishes a reference site that UDT will leverage across its broader customer base, supporting potential follow-on projects within the region's casino, banking, and financial-services sectors.
As part of the collaboration, Scope will co-architect UDT's planned Level-3 data store centre, integrating post-quantum cryptography and the company's Quantum Random Number Generator technology directly into the facility's core design. Embedding quantum-resilient infrastructure from the outset creates a repeatable architecture for organizations seeking to modernize their data-protection practices. Building on UDT's established presence in physical and venue security, the partnership extends capabilities into cybersecurity and quantum-safe data-centre infrastructure.
"This collaboration supports organizations that are beginning to evaluate how quantum-era risks will affect their existing security frameworks," said Ted Carefoot, CEO of Scope Technologies Corp. "Working with UDT allows us to contribute to regional infrastructure projects where quantum-safe design can be implemented from day one, rather than retrofitted after vulnerabilities emerge."
Earlier this month, Scope achieved Level 2 Certification under the CyberSecure Canada program, administered by Cyber Security Canada and recognized by the Standards Council of Canada. Building on its Level 1 certification earned in September 2025, this milestone validates that the company has implemented and verified advanced cybersecurity controls, risk-management processes, and governance frameworks. The Level 2 Certification, combined with the company's team of CSP-accredited professionals, enables Scope to engage government stakeholders at all levels of project clearance classifications, including Secret Level on cybersecurity-related projects.
Also this month, Scope's QSE Group division signed a value-added distributor agreement with Enzo Plus, a regional technology provider operating in Malaysia and Singapore. Through this partnership, 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.
Late in October, Scope announced the release of QSE.API, the first publicly accessible interface delivering quantum-secure entropy to developers and enterprise security architects. The API enables organizations to autonomously generate and deploy true quantum entropy for encryption key creation without requiring new hardware or external dependencies.
The company strategically acquired Cloud Codes, an India-based SSO and cloud platform, for CAD $1.78 million, bringing established infrastructure and revenue-generating capabilities into the Scope ecosystem. Market positioning appears compelling as the global SSO market is projected to exceed US$6 billion by 2032, while the post-quantum cryptography market is expected to reach $17.69 billion by 2034.
Earlier this year, the company secured expansion capital through a C$2.8 million financing round 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/
BTQ Technologies Corp. (NASDAQ: BTQ) advanced quantum-secure infrastructure across three core pillars: its Quantum Secure Stablecoin Network, QCIM hardware acceleration platform, and QPerfect neutral-atom systems, positioning the company as the only vertically integrated quantum firm building from cryptography to compute. The company's QSSN was highlighted in the U.S. Post-Quantum Financial Infrastructure Framework submitted to the SEC as a model architecture for quantum-secure tokenized deposits, while proof-of-concept deployments with Danal, Korea's leading mobile carrier billing provider, and Finger Inc. Group, a banking-solutions developer serving major Korean banks, validated high-volume settlement in regulated contexts.
The company ended the quarter with C$39,389,812 in cash, providing multi-year operational runway to execute across its verticals while advancing its USD 15 million joint development agreement with ICTK Co., Ltd., Korea's leading secure-element manufacturer, to deliver mass-market certifiable silicon targeting up to five times AES throughput versus leading secure hardware. Following the exercised option to acquire QPerfect, a Strasbourg-based neutral-atom company whose MIMIQ emulator and Quantum Logical Unit middleware address large-scale design testing and fault-tolerant control, BTQ now operates as a fully integrated quantum company with peer-reviewed advances published in Physical Review Research and presented at CERN demonstrating constant-depth, cavity-mediated methods for checking stabilizers in high-performing codes without qubit shuttling.
IonQ, Inc. (NYSE: IONQ) has entered into a definitive agreement to acquire Skyloom Global, a U.S.-based leader in high-performance optical communications infrastructure that enables secure, high-speed data links across Earth and in orbit, with almost 90 terminals delivered for Space Development Agency missions by 2025. Integrating Skyloom's optical networking systems into IonQ's broader infrastructure platform is expected to unlock immediate performance improvements by boosting data throughput by up to 500% and reducing latency for critical applications from many hours to under one hour while strengthening the company's ability to offer fully integrated quantum networking and distributed quantum entanglement capabilities across space and ground infrastructure.
"This acquisition marks a pivotal acceleration for IonQ by adding high-bandwidth optical link capabilities to our global quantum platform. These optical links form the backbone for quantum-secure communications and next-generation quantum networking and distributed quantum entanglement infrastructure," said Niccolo de Masi, Chairman and CEO of IonQ. "Skyloom's technology expands IonQ's total addressable market while increasing downlinking speeds for our existing offerings."
The acquisition follows IonQ's recent acquisitions of Qubitekk, Capella Space, Lightsynq, and a super-majority stake in ID Quantique, reinforcing the company's position as the only global firm building the complete stack from quantum compute and quantum sensing to secure quantum communications, while IonQ achieved 99.99% two-qubit gate fidelity in 2025, setting a world record in quantum computing performance. The company intends to deliver the world's most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense, with operations now spanning Maryland, Washington, California, Colorado, Massachusetts, Tennessee, United Kingdom, Toronto, South Korea, Sweden, and Switzerland.
Mitek Systems, Inc. (NASDAQ: MITK) has won top honors in two categories at Juniper Research's Fintech and Payments Future Digital Awards 2025, claiming 'Fraud and Security Innovation of the Year' and 'Best Identity Verification Innovation' for its Digital Fraud Defender, a layered security solution designed to defend against increasingly sophisticated deepfake and injection attacks while protecting users who depend on secure identity verification to transact online. In real-world deployments, Digital Fraud Defender has uncovered high volumes of fraud that traditional systems missed, identifying more than 3,000 injection attacks in a single targeted phishing campaign.
"AI-generated deepfakes and injection attacks are eroding trust in digital identity," said Adam Bacia, VP of Product Marketing at Mitek. "Our commitment is simple: help businesses protect real customers with multi-layered defenses built for this new era of fraud. These awards from Juniper reinforce the urgency of our mission."
Digital Fraud Defender works behind the scenes during digital onboarding and everyday authentication to detect signs of digital manipulation through multiple layers of protection, including deepfake detection that spots subtle artifacts and metadata inconsistencies in AI-generated media, injection attack detection that flags unauthorized or manipulated content streams, template attack detection that identifies patterns tied to repeated use of fake documents, and continuous testing through Mitek's Purple Team that simulates real-world attacks to strengthen defenses. More than 7,000 organizations rely on Mitek to protect their most important customer connections and stay ahead of emerging risks across account opening, authentication, and deposit processes.
Radware Ltd. (NASDAQ: RDWR) has introduced LLM Firewall, an add-on to all tiers of the company's Cloud Application Protection Services that represents the first phase of a broader agentic AI protection solution for enterprises, designed to help address growing security concerns around integrated LLM modules in applications and protect the LLM prompt and response against attacks and abuse. The solution secures generative AI use with real-time, AI-based protection at the prompt level, stopping threats before they reach the LLM model while remaining fully model-agnostic and easy to integrate, securing AI use across platforms without disrupting workflows or innovation.
"Many organizations are rightfully cautious about adopting AI, hesitating because of concerns about complex regulations, data safety and systems integrity," said Constance Stack, Chief Growth Officer of Radware. "Radware's new LLM Firewall is built around the premise that AI security must be enforced at the prompt in order to defend against prompt injection, jailbreaks, and resource abuse. Think of it as WAF for LLMs, but instead of guarding against HTTP-level exploits, it helps mitigate against natural language exploits specific to LLM behavior, and enhances protection for LLM models and integration, in real time."
The new solution is designed to detect and block attempts to exfiltrate personally identifiable information before it ever reaches the customer's LLM, helping to prevent exposure of personal and sensitive data while supporting compliance with global standards such as GDPR, HIPAA, and other data protection frameworks and enterprise policies. Radware LLM Firewall is designed to address the 2025 OWASP Top 10 Risks and Mitigations for LLMs and Gen AI Apps, reinforcing the company's position as a global leader in application security and delivery solutions for multi-cloud environments serving enterprises and carriers worldwide.
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SOURCES CITED:
1. https://quantumzeitgeist.com/quantum-computing-future-hacks/
2. https://www.dandodiary.com/2025/08/articles/cyber-liability/the-growing-threat-of-ai-deepfake-attacks/
3. https://www.fortunebusinessinsights.com/industry-reports/cyber-security-market-101165
https://tech-adv.com/blog/ai-cyber-attack-statistics/