Recently, at the 23rd Foundation Day of the Society for Electronic Transactions and Security (SETS) in Chennai, India, Professor Ajay Kumar Sood, Principal Scientific Adviser to the Government of India, inaugurated the newly established Quantum Security Research Lab. The research lab will strengthen the country's cybersecurity and provide impetus to the field of quantum information science in India. The focus areas of the lab will include post-quantum cryptography, quantum key distribution, and quantum random number generator.

LG Uplus, a South Korean mobile operator, announced yesterday that the standard for the application of Quantum-Resistant Cryptography (PQC) in optical transmission networks, proposed jointly with the National Information Society Agency (NIA), has been adopted as the first domestic standard by the Telecommunications Technology Association (TTA) in Korea. It marks South Korea's first domestic group standard for telecommunication equipment applied with Quantum-Resistant Cryptography. The NIA plans to apply this standard to the open quantum testbed, which will be built this year.

PQShield, a cybersecurity company specializing in post-quantum cryptography (PQC), has raised $37 million in Series B funding led by Addition. PQShield will use the funding to expand its commercial operations as it continues to meet growing global demand for its quantum-ready cryptographic solutions for hardware, software, and communications.