Tuesday, 26 September 2023 12:22 GMT

Cloudflare Democratizes Post-Quantum Cryptography By Delivering It For Free, By Default - Mid-East.Info

(MENAFN- Mid-East.Info)

Already powering more than 99% of all websites that support NIST standard track post-quantum cryptography today, Cloudflare aims to help defend online users against threats of advanced computing

DUBAI, UAE - Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it will provide post-quantum cryptography for free by default to all customers to help secure their websites, APIs, cloud tools and remote employees against future threats. Now, all Cloudflare customers will be able to seamlessly migrate to the next era of cybersecurity standards–instantly and for free. Cloudflare is making this commitment at the 2023 Summit for Democracy in support of a more responsive and resilient Internet, and will additionally publish vendor-neutral roadmaps based on NIST standards to help businesses secure any connections that are not protected by Cloudflare.

Quantum computers–which perform complex computations at an exponentially faster rate than today's machines–are expected to become advanced enough in the coming years to decrypt much of the encrypted data on the Internet. The Biden Administration recently mandated government agencies, and is encouraging the private sector, to prepare for quantum computers that could break encryption in the future of data stolen today. Today's CISOs and CIOs know they need to prepare today to migrate to post-quantum cryptography before this happens. Unfortunately, emerging vendors want to capitalize on this to charge unnecessarily high fees–limiting the access and affordability for businesses, as well as non-profits and civil society organizations.

“There are companies out there that want to charge CISOs exorbitant amounts to prepare for future attacks from quantum computers. At Cloudflare, we believe that privacy should be a human right and that post-quantum security should be the new baseline for the Internet–not an exploitative expense for businesses. That's why we are promising today to help equip businesses as well as non-profits and users with the most advanced cryptography available and to never charge for it,” said Matthew Prince, co-founder and CEO of Cloudflare.”

Cloudflare has helped lead the development of post-quantum cryptography standards since 2018, and made post-quantum cryptography available as a beta to interested customers in 2022. Cloudflare believes that over 99% of websites on the Internet that already support NIST-approved post-quantum cryptography for their connections are powered by Cloudflare, and over 1 billion HTTP requests have been protected with post-quantum cryptography by Cloudflare since 2019.

Matthew Prince, co-founder and CEO, Cloudflare:

About Cloudflare Cloudflare, Inc. ( / @cloudflare) is on a mission to help build a better Internet. Cloudflare's suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was awarded by Reuters Events for Global Responsible Business in 2020, named to Fast Company's Most Innovative Companies in 2021, and ranked among Newsweek's Top 100 Most Loved Workplaces in 2022.

Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as“may,”“will,”“should,”“expect,”“explore,”“plan,”“anticipate,”“could,”“intend,”“target,”“project,”“contemplate,”“believe,”“estimate,”“predict,”“potential,” or“continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare's expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of the Cloudflare One suite of Zero Trust solutions (including Cloudflare Area 1) and Cloudflare's other products and technology, the benefits to Cloudflare's customers from using the Cloudflare One suite of Zero Trust solutions (including Cloudflare Area 1) and Cloudflare's other products and technology, the expected functionality and performance of the Cloudflare One suite of Zero Trust solutions (including Cloudflare Area 1) and Cloudflare's other products and technology, the timing of when any new Cloudflare One features (including Cloudflare Area 1) will be generally available to all current and potential Cloudflare customers, Cloudflare's technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare's CEO and others. Cloudflare's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in its filings with the Securities and Exchange Commission (SEC), including Cloudflare's Annual Report on Form 10-K filed on February 24, 2023, as well as other filings that we may make from time to time with the SEC.

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