A mathematician specialising in symmetry which is central to public-key cryptography and enables encryption solutions like Cryptoloc Technology has won a prestigious award. Emeritus Professor Cheryl Praeger of the University of Western Australia has won the 2019 Australian Prime Minister’s Prize for Science for her contributions to pure mathematics. Professor Praeger specialises in the mathematics of symmetry.
In a massive cyber-attack described as being of unprecedented sophistication, hackers gained access to the computer system of Australian National University (ANU). According to a public incident report for weeks, hackers trawled through data stored in the computer system. It was months before ANU even realised there had been a breach.
In today’s digital landscape the demand for data security and cloud storage solutions is a bourgeoning industry. At Cryptoloc it is our mission to disrupt and reimagine encryption technology, reflecting the core values that customers value and who we are – trust, authenticity and control.
As data storage and cloud solutions become more complex and its use more widespread, on its toes are hackers, taking delight in being half a step behind or ahead to wreak chaos. Gone are the days of hacked celebrity phone lines, elaborate email scams from princes in made up countries and detectable viruses. Over the past decade hackers have developed into its own breed of Trojan horse – they are invisible, agile and malicious, hosting and infecting security systems undetected for long periods of time.
Cryptoloc’s Secure2Client product provides the functionality to digitally-sign documents shared via the cloud. If two parties reach an agreement based on the content of a shared digital document, and both parties digitally-sign that same digital document via Secure2Client product, then those parties have a documented contract on what was agreed.