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SEOUL, KOREA, March 23, 2023 (GLOBE NEWSWIRE) -- Softforum (CEO Jeong Jongkap), a company specializing in quantum security, announced it has been recognized as the 'Most Innovative Cybersecurity Company' at the '2023 Cybersecurity Excellence Awards'.

Cybersecurity Excellence Awards is an international event that honors companies, products, services, and professionals that demonstrate excellence, innovation, and leadership in information security worldwide. The event is produced in partnership with the 300,000-member Information Security Community and recognizes the leading companies in the industry.

Softforum has received public attention for its contribution and honored as the Most Innovative Cybersecurity Company of Asia with its information security solutions based on Quantum-Resistant-Cryptography (PQC). The company is recognized in five Cybersecurity Product/Service categories, including Quantum-resistant verified cryptography, Hybrid PQC-based network section encryption, Hybrid PQC-based storage encryption, Hybrid PQC-based de-identification of privacy data, and Hybrid PQC-based biometric authentication.

PQC, which gained the spotlight in the event through Softforum solutions, has seen increasing interest with the recent development of Quantum Computing Technology. In particular, it has been revealed that Public Key Cryptography, the core of electronic transition securities such as internet banking, electronic stock trading, and internet shopping, is being threatened by quantum computers. As the migration to quantum computing is increasing the risk to information security, preventive action to solve the problems has emerged.

Jeong Jongkap, CEO of Softforum emphasized that "PQC is an effective countermeasure to cope with the incapacitation of existing public key cryptography (RSA, ECC, etc.) algorithms and a security solution that organizations should implement." "As quantum security is still in the early stage of the market penetration, Softforum will preempt the future of the security market through systematic preparation and quick response to greater risks." he added.

Softforum is a company specializing in next-generation information security solutions in the PQC field and is rapidly emerging and highly evaluated in the global security market.

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YouTube: https://www.youtube.com/@softforumofficial

Media Contact

Company: Softforum Co., Ltd

Telephone: +82 10-6739-2217

Email: anar@softforum.com

Website: https://softforum.com/

Address: Hancom Tower, 49, Daewangpangyo-ro 644, Bundang-gu, Seongnam-si, Gyeonggi-do Republic of Korea

SOURCE: Softforum Co., Ltd

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Quantum Security Specialist Softforum Voted 'Most Innovative ... - GlobeNewswire