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QuSecure appoints Lisa Hammitt as First Independent Director

Fri, 17th Feb 2023
FYI, this story is more than a year old

QuSecure, a leader in post-quantum cybersecurity (PQC) enterprise software, announced the appointment of Lisa Hammitt as its first independent director today. Ms. Hammitt, an established deep expert in AI/ML, quantum technologies, and cyber resilience, brings more than 30 years of leadership experience to QuSecure's Board of Directors. She currently serves as Chairwoman of the Board of Directors for Intelsat, operator of the world's largest integrated satellite and terrestrial network, as well as an outside director with Glassbox Ltd. and Clear Channel Outdoor.

In a statement, Ms. Hammitt expressed her enthusiasm for joining QuSecure and her belief that the company is the most innovative in the space. She highlighted the fine-grained encryption enabled by QuSecure's technology and how it takes CISOs off the defensive and allows them to address threats before they emerge.

"Quantum security's time has come, and I see QuSecure as the most innovative company in the space. The incredibly fine-grained encryption enabled by QuSecure's technology takes CISOs off the defensive and lets them address threats before they emerge. It is an honor to serve on QuSecure's board, and I look forward to helping them achieve success in such a critically important endeavor." said Lisa Hammitt, new independent director of QuSecure.

Ms. Hammitt has served as CEO at two startups and has held pivotal roles in Fortune 500 organizations, notably running Watson at IBM; serving as Global Vice President, Data and Artificial Intelligence at Visa; and holding senior positions in AI and Data at Salesforce and Hewlett Packard.

According to Dr. Alan Baratz, CEO of D-Wave, a leader in quantum computing, quantum computing is hitting a tipping point this year, with enterprises increasingly adopting QuSecure's technology to solve their complex problems and unlock business value today.

"We're working with customers spanning manufacturing, financial services, government and more to build quantum-hybrid applications that help streamline operations, fuel innovation, and achieve competitive advantage. Lisa and I have worked together in commercializing these advanced technologies, and I believe she will be pivotal to QuSecure's rapid growth," said Dr. Alan Baratz.

QuSecure CEO Dave Krauthamer said in a statement that the company is thrilled to welcome Lisa to its team, and added that she brings passion for technology and a proven track record of scaling organizations. He said that they look forward to leveraging her executive and operating expertise and vast industry connections as they enter this critical growth period for QuSecure and an important year for getting networks quantum ready.

In addition, Ms. Hammitt will join Steve Klebe, former Head of Enterprise Payments Performance, Stripe, and Google Pay Partnerships, to host a QuSecure webinar titled "Securing Financial Transactions in a Post-Quantum World" on Feb. 22 at 10 am PST. The webinar will cover existing and emerging quantum cybersecurity threats, and the application of post-quantum cybersecurity solutions to thwart cyber-attacks on financial institutions.

QuSecure's QuProtect solution is the industry's first PQC software-based platform designed to protect encrypted communications and data with quantum-resilience using a quantum-secure channel. QuSecure has current customer deployments in banking/finance, healthcare, space/satellite, IT/data enterprises, data centers, and various Department of Defense agencies. The company is investor-backed and has offices in Silicon Valley.

QuSecure's appointment of Lisa Hammitt as its first independent director comes at a time when the quantum market is rapidly accelerating, and enterprises are increasingly adopting quantum technology to solve their complex problems and unlock business value. With Ms. Hammitt's proven track record of scaling organizations and expertise in quantum technologies and cyber resilience, QuSecure is poised to achieve rapid growth and success.

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