Scope Technologies Launches Quantum-Resilient Cloud Storage for Individuals and Small Businesses

Securing the Future: How Post-Quantum Cryptography is Transforming Cybersecurity - Apple (NASDAQ:AAPL)

USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, Oct. 30, 2024 /CNW/ -- The ongoing artificial intelligence (AI) revolution comes with many promises of benefits to society and the global economy. However, with growing use of AI comes risks, including more sophisticated cybercrime. According to a report from Cybersecurity Ventures, cybercrime is not only evolving rapidly thanks to AI, but it's estimated that cyber attacks will cost the global economy $9.5 trillion in 2024, and $10.5 trillion in 2025. Already in 2024, some big names have been hit, including Disney, AT&T, Ticketmaster, Dell, and Bank of America. In order to meet the cybersecurity needs of small businesses all the way through to the enterprise level, the methods of protection need to evolve. One major concern about the future is the emergence of quantum computing, which could enable hackers to access data currently protected by encryption methods that may not withstand quantum attacks. Behind the scenes, tech developers are making huge strides in post-quantum cryptography, both for today and the future, with progress being made by companies such as Scope AI Corp. SCPE SCPCF, Palo Alto Networks, Inc. PANW, SentinelOne, Inc. S, Fortinet, Inc. FTNT, and even Apple Inc. AAPL. Responding to the need for quantum-capable cybersecurity, Scope AI Corp. SCPE SCPCF has enhanced its advanced flagship platform, GEM (General Enterprise Machine Learning). The company recently announced a significant strategic acquisition, incorporating Quantum Resilient Entropy (QSE Technology) into its portfolio. Now less than a month later, Scope AI has finalized the acquisition. The acquisition allows Scope to offer retail and institutional clients highly robust security solutions that are easy to integrate into existing infrastructures or expand upon. As quantum computing becomes more mainstream and advances rapidly, traditional encryption methods may become obsolete, posing significant risks to global data security. "The quantum cryptography market is currently at $11 billion for 2024, and is projected to grow to $126 billion by 2033," said James Young, CEO of Scope AI. "This tremendous growth highlights the increasing demand for advanced quantum-resilient security solutions, and with our acquisition of QSE Technology, Scope AI is well-positioned to capitalize on this market." Scope's QSE Technology equips customers to face the present, upcoming, and continually evolving threats of quantum computing by protecting their digital assets with cutting-edge quantum-resilient solutions. This places Scope at the forefront of the digital security industry, poised to tackle both current and future quantum threats and to fuel substantial company growth. "Our recent advancements signify a major leap forward in the capabilities of the GEM platform," said Young. "These new features, combined with the substantial progress in our development milestones, underscore our commitment to delivering state-of-the-art AI solutions that drive efficiency and performance in advertising technology. We are excited about the potential of the GEM system to revolutionize the way businesses approach ad creation and campaign management." The development of quantum computing is progressing rapidly, and it may arrive sooner than expected. At the recent Tech.eu Summit in London, experts examined how quantum computing intersects with cybersecurity and AI, emphasizing the significant implications of this technology. Major player in the traditional cybersecurity industry Palo Alto Networks, Inc. PANW has also leaned into quantum security. Late last year, Palo Alto introduced its post-quantum VPNs, enabling customers to configure quantum-resistant internet key exchange version 2 VPNs, which is based on the RFC 8784 standard to maximize interoperability with other vendors' equipment and with future standards. Recently Palo Alto was recognized as a Leader in The Forrester WaveTM: Operational Security Solutions Q2 2024, receiving the highest scores in both the strategy and current offering categories. "Critical infrastructure and OT environments are the backbone of our digital way of life," said Anand Oswal, SVP and GM, Network Security, Palo Alto Networks. "We have been helping to protect OT environments in a world where IT and OT are increasingly converging. We are excited that Forrester recognizes us as a leader in OT security solutions. Palo Alto Networks unparalleled end-to-end OT security platform offers deep visibility, threat protection and policy recommendations, protecting the future of industrial technologies." Using an analogy that refers to autonomous vehicles, SentinelOne, Inc. S has recently leaned into the concept of autonomous cybersecurity. Listing out the requirements of getting to that level of security that's autonomous, SentinelOne includes the need for utilizing the power of quantum computing to perform complex security analyses and threat modelling that traditional systems can't handle. One way that SentinelOne is progressing towards this goal, was through the recent launch of its Singularity MDR and Singularity MDR + DFIR at the recent Black Hat 2024 event. The new, full-scale Managed Detection and Response (MDR) service provides enterprises with coverage across endpoints, identities, networks, cloud workloads and more, empowering clients to secure their environments in an efficient, cost-effective and scalable way. "To stay ahead of attacks and ensure business continuity, today's organizations need the peace of mind provided by round-the-clock, tailored security that combines the efficiency of innovative technology and the proficiency of seasoned practitioners," said Warwick Webb, Vice President, Managed Detection and Response, SentinelOne. "Singularity MDR is a future-forward solution that provides customers the coverage they need while maximizing ROI." Recently, global cybersecurity leader Fortinet, Inc. FTNT teamed up with leading telecom giant Telefónica, Iberian tech integrator Warpcom, and Quantum Xchange to develop and demonstrate the effectiveness of an innovative solution based on quantum security architecture. "Fortinet is committed to protecting its customers from current and future threats," said Carl Windsor, CISO at Fortinet. "This initiative shows how the existential threat to current cryptographic systems can be mitigated, allowing customers to be safe in the knowledge that their data is protected from 'harvest now, decrypt later' attacks." Back in February, Apple Inc. AAPL announced its most significant cryptographic security upgrade to its iMessage platform's history, with the introduction of PQ3, a groundbreaking post-quantum cryptographic protocol that advances the state of the art end-to-end secure messaging. Featuring compromise-resilient encryption and robust defenses against advanced quantum attacks, PQ3 is the first messaging protocol to achieve what Apple categorizes as Level 3 security. It offers protocol protections that exceed those of any other widely used messaging app. According to Apple, PQ3 boasts the strongest security features of any large-scale messaging protocol worldwide, defending iMessage against tomorrow's quantum computing attacks. "We rebuilt the iMessage cryptographic protocol from the ground up," said Apple in the announcement blog post, adding that the upgrade will fully replace its existing encryption protocols by the end of 2024. Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/ CONTACT: USA NEWS GROUP info@usanewsgroup.com (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Scope AI Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares Scope AI Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Scope AI Corp. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Scope AI Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. View original content:https://www.prnewswire.com/news-releases/securing-the-future-how-post-quantum-cryptography-is-transforming-cybersecurity-302291331.html SOURCE USA News Group View original content: http://www.newswire.ca/en/releases/archive/October2024/30/c2846.html Market News and Data brought to you by Benzinga APIs

1 Billion Records Stolen in 2024: How Cutting-Edge Tech Is Fighting Back Against Cybercrime - IBM (NYSE:IBM)

Issued on behalf of Scope Technologies Corp. USA News Group News Commentary VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ -- In 2024, more than 1 billion records have already been stolen, according to a report from TechCrunch, with this number continuing to climb. Earlier this year, the International Monetary Fund (IMF) raised concerns over the growing threat of cyberattacks, warning that these rising risks could undermine financial stability. The latest IBM 2024 Data Breach Report also highlighted the impact of the cybersecurity skills gap, which contributed to an increase of $1.76 million in average breach costs. Meanwhile, the National Institute of Standards and Technology (NIST) introduced its first set of post-quantum cryptography (PQC) standards to combat the escalating cyber risks as malicious actors gain more advanced tools. To address these challenges, several technology developers are advancing AI-driven and quantum-resistant security solutions to protect data both now and in the future, with recent breakthroughs from key players, including: Scope Technologies Corp. SCPE SCPCF, International Business Machines Corporation (IBM) IBM, Palo Alto Networks, Inc. PANW, Okta, Inc. OKTA, and Zscaler, Inc. ZS. The article continued: Analysts from MarketsandMarkets estimate that the Global Cybersecurity Market will expand from US$190.4 billion in 2023 to US$298.5 billion by 2028, growing at a 9.4% compound annual growth rate (CAGR). In comparison, Visiongain Reports forecast even more rapid growth for the Quantum Cryptography market, with a projected 29.3% CAGR extending through 2034, reflecting the increasing demand for advanced cryptographic solutions in the face of evolving cyber threats. Scope Technologies Launches Subscription Model for Round-Trip Encrypted, Quantum-Resilient Cloud Storage for Individuals and Small Businesses Scope Technologies Corp. SCPE SCPCF, a pioneering technology company specializing in quantum security and machine learning (ML), today announced the official launch of its subscription model, now offering individuals and small businesses full access to its industry-leading round-trip encrypted and quantum-resilient decentralized cloud storage solutions. This launch further demonstrates Scope Technologies' dedication to delivering next-generation data security. Through the QSE (Quantum Security Entropy) platform, individuals and small businesses now have access to the same advanced encryption and decentralized storage solutions that Scope provides to mid-sized and enterprise clients, ensuring their data is protected against both current and future cyber threats. "Data protection should not be a luxury," said Sean Prescott, Founder and CTO of Scope Technologies. "With this launch, we're making the same round-trip, quantum-resistant encryption and decentralized storage vaults available to individuals and small businesses that we already provide to mid-sized and enterprise corporations. Now everyone can protect their data from today's risks and the future challenges posed by quantum computing." Scope Technologies has completed updates to its platform and now offers its advanced Quantum Security Entropy (QSE) cloud storage services to individuals and small businesses. These services utilize quantum-proof encryption, employing quantum entropy to generate unbreakable encryption keys that protect data even against future quantum computing threats. The decentralized, immutable storage infrastructure further safeguards data from ransomware, over-encryption, and tampering, providing a significant upgrade over traditional cloud backups. The platform also supports seamless integration through user-friendly APIs, enabling quick setup and adaptability as business needs evolve. With flexible pricing plans, individuals and small businesses can now access enterprise-grade security, making robust data protection scalable and affordable. Additionally, the subscription model offers options for enhanced security services, such as increased entropy calls for stronger encryption. Users can easily scale their storage capacity as their demands grow, while maintaining the highest level of data security available. CONTINUED... Read this and more news for Scope AI at: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/ In other industry developments and happenings in the market this week include: International Business Machines Corporation (IBM) IBM, a leading provider of global hybrid cloud and AI, and consulting expertise, recently announced the launch of its IBM Guardium Data Security Center, providing unified, SaaS-first data security capabilities amid the transformation being witnessed as hybrid cloud-, AI-, and quantum-related risks upend the traditional data security paradigm. The newly launched IBM Guardium Data Security Center allows organizations to protect data in any environment, throughout its full lifecycle, and with unified controls. "Generative AI and quantum computing provide immense opportunities, but they also bring new risks," says Akiba Saeedi, Vice President, IBM Security Product Management. "During this transformative time, organizations need to improve their crypto-agility and carefully monitor their AI models, training data, and usage. IBM Guardium Data Security Center - with its AI Security, Quantum Safe, and other integrated capabilities - provides comprehensive risk visibility." IBM Guardium Data Security Center also features IBM Guardium Quantum Safe, software that helps clients to protect encrypted data from the potential risk of future cyberattacks driven by bad actors who gain access to cryptographically relevant quantum computers. IBM Guardium Quantum Safe builds upon expertise from IBM Research - including IBM's post-quantum cryptography algorithms - and IBM Consulting. Palo Alto Networks, Inc. PANW, a global cybersecurity leader, recently announced the launch of new capabilities in its OT Security solution, including the industry's only fully integrated, risk-based guided virtual patching solution, powered by Precision AI™, the Prisma® Access Browser with Privileged Remote Access and a suite of ruggedized, ML-powered Next-Generation Firewalls (NGFWs) built to withstand harsh industrial settings where traditional firewalls often cannot operate. "The rise in the frequency and sophistication of OT attacks, often driven by AI, highlights the urgent need for robust, OT-specific security measures," said Anand Oswal, SVP and GM, Network Security, Palo Alto Networks. "Organizations must implement comprehensive solutions that ensure real-time visibility, end-to-end protection and simplified security management. Palo Alto Networks OT Security solution, powered by Precision AI, secures both OT and converged IT/OT in a consistent way to combat these challenges and protect critical infrastructure." Okta, Inc. OKTA and Zscaler, Inc. ZS recently announced four new integrations designed to accelerate their mutual customers' zero trust transformation, and to improve security posturing and defenses against identity-based threats. By delivering end-to-end, context-aware security, Okta and Zscaler are helping customers reduce risk, improve the user experience, and enable cross-domain response through shared telemetry and threat intelligence. "The integrations announced today significantly deepen our collaboration with Okta and our commitment to keeping our customers secure," said Amit Raikar, Vice President, Technology Alliances and Business Development, Zscaler. "Together, we are focused on helping customers strengthen their zero trust security posture in an increasingly complex risk environment, where rigorously managing user identities and enforcing adaptive access controls is more crucial than ever." To address challenges in securing remote users, cloud applications, and hybrid IT environments, Zscaler and Okta have developed deep integrations that enhance secure access while minimizing disruptions for users. Their latest collaboration includes adaptive access policies that dynamically adjust based on user risk context, such as password expiration or credential compromise. They also offer step-up authentication for high-risk situations, requiring stronger authentication methods when suspicious behavior is detected. Additionally, Zscaler and Okta provide contextualized security insights by aggregating data from multiple sources, enabling real-time vulnerability management. Finally, their Zero Trust approach offers agentless access to web applications for external users, while streamlining identity and access management for IT administrators through Okta's Universal Directory. "In the AI era, the only way to effectively protect customers is by rallying the security ecosystem," said Stephen Lee, vice president of Technical Strategy and Partnerships at Okta. "Point security solutions address individual areas but don't integrate with one another, which increases complexity. That's why Okta and Zscaler have invested in deep integrations that accelerate the zero trust journey and elevate the security posture of our mutual customers worldwide." Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/ CONTACT: USA NEWS GROUP info@usanewsgroup.com (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Scope Technologies Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares Scope Technologies Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Scope Technologies Corp. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Scope Technologies Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. View original content:https://www.prnewswire.com/news-releases/1-billion-records-stolen-in-2024-how-cutting-edge-tech-is-fighting-back-against-cybercrime-302284575.html SOURCE USA News Group Market News and Data brought to you by Benzinga APIs

Global Cloud Storage Market Expected to Reach $234 Billion By 2028 as Tech Stocks Chase Big Opportunities in Big Data By Investing.com

PALM BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The cloud storage market is witnessing significant growth due to the expanding realms of IoT and big data. Cloud storage services offer an agile, flexible, and scalable model for data storage on the Internet, managed and operated by service providers. This model provides enterprises with advantages such as rapid deployment, scalability, reduced CAPEX, and uninterrupted business continuity. A report from MarketsAndMarkets projected that the global Cloud Storage Market size is expected to grow to USD $234.9 Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The report said: The rising investments by governments and investors in tailored Cloud Storage solutions offerings along with the increasing need for flexible, scalable, efficient storage and disaster recovery, backup solutions and services, are expected to drive the market growth. The demand across enterprises worldwide for Cloud Storage solutions in a shift to cloud-based technologies from on premises is expected to drive the market growth. Surge in demand to provide remote work force with omnipresent access to data and files has been a key driving factor to foster market adoption largely. Active tech companies in the markets this week include: Scope Carbon Corp. (OTCQB: SCPCF) (CSE: SCPE), Oracle Corporation (NYSE: NYSE:ORCL), Snowflake (NYSE: SNOW) (NYSE:SNOW), NVIDIA Corporation (NASDAQ: NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Inc. (NASDAQ: AMD). MarketsAndMarkets continued: Based on use cases, Backup & Recovery will hold the highest market share in the Cloud Storage market during the forecast period. Backup & Recovery is crucial in safeguarding data and ensuring business continuity. These applications are purpose-built to address the unique challenges of modern, dynamic, and often distributed IT environments. By seamlessly integrating with cloud technologies and containerized workloads, they provide a layer of resilience that protects data against loss, corruption, or disasters. These solutions enable organizations to efficiently create backups, perform granular recoveries, and maintain data integrity, thereby supporting cloud applications and services reliable and uninterrupted operation. In an era where data is a paramount asset, Backup & Recovery applications in cloud storage are indispensable for mitigating risks and ensuring the availability and integrity of critical information." Scope Carbon Corp. (CSE: SCPE) (OTCQB: SCPCF) Launches Subscription Model for Round-Trip Encrypted, Quantum-Resilient Cloud Storage for Individuals and Small Businesses - Scope Carbon Corp. (Scope or the Company) is pleased to announce the official launch of its subscription model, now offering individuals and small businesses full access to its industry-leading round-trip encrypted and quantum-resilient decentralized cloud storage solutions. This launch builds on Scope Technologies' commitment to providing top-tier, next-generation data security. With the QSE (Quantum (NASDAQ:QMCO) Security Entropy) platform, individuals and small businesses can now leverage the same advanced encryption and decentralized storage infrastructure that Scope delivers to mid-sized and enterprise clients, ensuring their data remains safe from current and future cyber threats. The platform is designed for seamless scalability, allowing users to expand their storage and security needs as they grow, without compromising performance or protection. Additionally, QSE's efficiency-driven model ensures competitive pricing, reflecting our ability to deliver premium security solutions with exceptional value. Readers are encouraged to visit Scope Technologies' QSE platform at: https://www.qse.group/#services A New Era of Data Security for Individuals and Small Businesses Following the successful completion of platform updates and closed-group testing, individuals and small business users now have access to QSE's cloud storage services, featuring: Data protection should not be a luxury, said Sean Prescott, Founder and CTO of Scope Technologies Corp. With this launch, we're making the same round-trip, quantum-resistant encryption and decentralized storage vaults available to individuals and small businesses that we already provide to mid-sized and enterprise corporations. Now everyone can protect their data from today's risks and the future challenges posed by quantum computing. CONTINUED| Read this full release and more for Scope Technology at: https://www.financialnewsmedia.com/news-scpe/ In other tech industry news of interest: Oracle Corporation (NASDAQ: ORCL) - To ease patient settlement and payment reconciliation, Oracle recently announced Oracle Health Payments. With the end-to-end payment solution, including gateway routing, processing, and acquiring under a single agreement, healthcare facilities can help reduce costly, unexpected service fees. It also makes it easier for patients to cover a copay, elective surgery, or an existing bill using a variety of payment options including, traditional chip and pin pay methods, or simply tapping to pay with the latest digital options including Apple (NASDAQ:AAPL) Pay, Google (NASDAQ:GOOGL) Pay, and Samsung (KS:005930) Pay. Payment processing costs can vary widely between payment providers, card brands, or payment types. Compliance and service fees can also make it difficult for healthcare facilities to estimate and factor these costs into their financial planning. Built on Oracle Cloud Infrastructure (OCI), Oracle Health Payments offers a payment card industry (PCI)-compliant, fixed-rate pricing model with no additional service or convenience fees. Integrated with Oracle's point-of-sale hardware and Oracle Health Patient Accounting, Oracle Health Payments uses end-to-end encryption and tokenization, empowering health systems to securely capture payments and automate revenue posting, which helps reduce fraud and collection costs. Snowflake (NYSE: SNOW), the AI Data Cloud company, recently announced the launch of the AI Data Cloud for Travel and Hospitality, uniting Snowflake's data platform, AI capabilities, and industry-specific solutions to deliver best-in-class data insights for the travel and hospitality industry. Snowflake empowers airlines, hotels, cruise lines, and travel technology providers to harness data and artificial intelligence to improve operations and power five-star customer experiences across the sector. As the travel and hospitality industry transitions from recovery to stable growth, businesses face new challenges and opportunities. Snowflake is uniquely positioned to support this growth, offering a unified platform that streamlines AI and ML development, providing top-tier security and governance capabilities, and democratizing data access. With robust data collaboration capabilities and effortless scalability, Snowflake enables organizations to harness their data's full potential. NVIDIA Corporation (NASDAQ: NVDA) recently announced that it has contributed foundational elements of its NVIDIA Blackwell accelerated computing platform design to the Open Compute Project (OCP) and broadened NVIDIA Spectrum-X™ support for OCP standards. At this year's OCP Global Summit, NVIDIA will be sharing key portions of the NVIDIA GB200 NVL72 system electro-mechanical design with the OCP community " including the rack architecture, compute and switch tray mechanicals, liquid-cooling and thermal environment specifications, and NVIDIA NVLink™ cable cartridge volumetrics " to support higher compute density and networking bandwidth. NVIDIA has already made several official contributions to OCP across multiple hardware generations, including its NVIDIA HGX™ H100 baseboard design specification, to help provide the ecosystem with a wider choice of offerings from the world's computer makers and expand the adoption of AI. Advanced Micro Devices, Inc. (NASDAQ: AMD) and Intel Corp . (NASDAQ:INTC) recently announced the creation of an x86 ecosystem advisory group bringing together technology leaders to shape the future of the world's most widely used computing architecture. x86 is uniquely positioned to meet customers' emerging needs by delivering superior performance and seamless interoperability across hardware and software platforms. The group will focus on identifying new ways to expand the x86 ecosystem by enabling compatibility across platforms, simplifying software development, and providing developers with a platform to identify architectural needs and features to create innovative and scalable solutions for the future. For over four decades, x86 has served as the bedrock of modern computing, establishing itself as the preferred architecture in data centers and PCs worldwide. In today's evolving landscape"characterized by dynamic AI workloads, custom chiplets, and advancements in 3D packaging and system architectures"the importance of a robust and expanding x86 ecosystem is more crucial than ever. About FN Media Group: At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today's emerging companies. #pressreleases #tickertagpressreleases Follow us on Facebook (NASDAQ:META) to receive emerging news updates: https://www.facebook.com/financialnewsmedia Follow us on Twitter for real time Breaking News: https://twitter.com/FNMgroup Follow us on LinkedIn: https://www.linkedin.com/in/financialnewsmedia/ DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. 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For current services performed FNM has been compensated forty nine hundred dollars for news coverage of the current press releases issued by Scope Technology Corp. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements. Contact Information: Media Contact email: editor@financialnewsmedia.com - +1(561)325-8757

Scope Technologies Launches Subscription Model for Round-Trip Encrypted, Quantum-Resilient Cloud Storage for Individuals and Small Businesses - Scope Technologies (OTC:SCPCF)

VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ -- Scope Technologies Corp. SCPE SCPCF VN ("Scope Technologies" or the "Company") is pleased to announce the official launch of its subscription model, now offering individuals and small businesses full access to its industry-leading round-trip encrypted and quantum-resilient decentralized cloud storage solutions. This launch builds on Scope Technologies' commitment to providing top-tier, next-generation data security. With the QSE (Quantum Security Entropy) platform, individuals and small businesses can now leverage the same advanced encryption and decentralized storage infrastructure that Scope delivers to mid-sized and enterprise clients, ensuring their data remains safe from current and future cyber threats. The platform is designed for seamless scalability, allowing users to expand their storage and security needs as they grow, without compromising performance or protection. Additionally, QSE's efficiency-driven model ensures competitive pricing, reflecting our ability to deliver premium security solutions with exceptional value. Readers are encouraged to visit Scope Technologies' QSE platform at: https://www.qse.group/#services. A New Era of Data Security for Individuals and Small Businesses Following the successful completion of platform updates and closed-group testing, individuals and small business users now have access to QSE's cloud storage services, featuring: Quantum-Proof Encryption: Utilizing quantum entropy to generate encryption keys that remain unbreakable, even by future quantum computing power.Immutable, Decentralized Storage: A decentralized infrastructure ensures data is protected from ransomware, over-encryption, or tampering, offering a significant advantage over traditional cloud backups.Seamless Integration: Easy-to-use APIs allow for quick setup and smooth integration with existing data systems, providing flexibility and scalability.Accessible Pricing Plans: Tiered subscription options make enterprise-grade security affordable and accessible for both individuals and small businesses. "Data protection should not be a luxury," said Sean Prescott, Founder and CTO of Scope Technologies Corp. "With this launch, we're making the same round-trip, quantum-resistant encryption and decentralized storage vaults available to individuals and small businesses that we already provide to mid-sized and enterprise corporations. Now everyone can protect their data from today's risks and the future challenges posed by quantum computing." Subscription Options and Availability The new subscription model offers flexible pricing based on storage needs, with options for additional services such as enhanced entropy calls for stronger encryption. Users can scale their storage as demands grow while maintaining the highest available level of data security. About Scope Technologies Corp. Scope Technologies Corp., headquartered in Vancouver, British Columbia, is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands -- QSE and GEM AI -- Scope provides advanced solutions in quantum encryption and neural networks, empowering businesses and individuals with secure, scalable technologies that drive growth and operational efficiency. LinkedIn: scope-technologies-corp Facebook: Scope Technologies Corp Twitter: @ScopeTechCorp Contact Information: James Young CEO, Scope Technologies Corp. Email: james@scopetech.ai Phone: +1 604-416-1720 Website: www.scopetechnologies.io Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. For more information on the risks, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the risk factors set out in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement. The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof. Logo: https://mma.prnewswire.com/media/2521783/Scope_Technologies_Corp_Logo.jpg View original content:https://www.prnewswire.com/news-releases/scope-technologies-launches-subscription-model-for-round-trip-encrypted-quantum-resilient-cloud-storage-for-individuals-and-small-businesses-302284512.html SOURCE Scope Technologies Corp. Market News and Data brought to you by Benzinga APIs