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Quantum computing uses fundamental principles of quantum mechanics to perform complex processing. Quantum cryptography leverages the same principles for advanced data encryption. However, quantum computing and quantum cryptography are not allies. Instead, they stand tall against each other at the crossroads!
In computer science and technology, the term “quantum computing” has emerged as a buzzword, capturing the imagination of scientists, engineers, and enthusiasts alike. But what exactly is a quantum computer, and how does it differ from classical computers?
On December 21, 2022, President Biden signed the Quantum Computing Cybersecurity Preparedness Act, which encourages federal government agencies to adopt technology that protects against quantum computing attacks.
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For entities under SEBI regulation, this looming shift means facing the urgent task of future-proofing data security. The current encryption techniques that form the backbone of financial security systems may become vulnerable to quantum attacks, potentially exposing critical information.
To comprehend the concept of a qubit, one must first grasp the essence of quantum computing. Unlike classical computers, which operate based on binary bits—units of information—quantum computers harness the peculiar phenomena of superposition and entanglement to process data in a fundamentally different manner.
Countries around the world are adopting quantum technologies at a rapid rate. India announced the National Quantum Mission to demonstrate the government’s dedication to advancing quantum science in the country and hint at quantum priorities.
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In an era of rapid digital transformation, India’s financial sector is the backbone of the economy, which leverages technology to facilitate banking, securities trading, investment services, and more. However, with this increased digitization comes heightened exposure to cyber risks. To address the growing cyber threats,
The Indian Cabinet recently approved the National Quantum Mission. The mission is essential for building excellence in national quantum security and developing quantum computers, quantum communication, new materials, quantum sensors, and quantum cryptography.
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Quantum cryptography is no longer a buzzword. The field of cryptography is undergoing a massive overhaul in the quantum era. The anticipation of the launch of a fault-tolerant quantum computer has made cryptographers wake up and take notice.
As India’s financial ecosystem continues to digitize, the importance of robust cybersecurity cannot be overstated. SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) was introduced to address the evolving threat landscape, ensuring that regulated entities remain secure and resilient. However, the emergence of quantum computing is reshaping the cybersecurity narrative.
Quantum computing (QC) garners a lot of positive press due to its power to solve complex computations several times faster. It is envisioned that QC can be a critical enabler and a strong catalyst to considerably reduce the computational power required to perform complex calculations and boost the future of sixth-generation (6G) communication.
Ensure compliance with SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) while preparing for the quantum-powered future.
As the digital landscape evolves, the threat of quantum computing to conventional encryption methods becomes increasingly real. Quantum computers, with their ability to solve complex problems exponentially faster than classical computers, pose a significant risk to the encryption algorithms that currently safeguard our data.
In cybersecurity, where data protection is paramount, traditional cryptographic methods have long been the stalwart guardians of sensitive information. However, as computing power advances, so too do the tools available to potential attackers. In the ever-evolving landscape, the emergence of quantum cryptography offers a promising solution to the challenges of secure communication in the digital age.
At the core of quantum mechanics is the idea that particles, such as electrons and photons, can exist in multiple states simultaneously. Unlike classical physics, where an object can only exist in one state at a time, quantum superposition allows particles to exist in a combination of states.
The global energy demand is estimated to increase by 50 percent by 2050. The growing energy demand necessitates more devices to regulate energy generation, transmission, and distribution. The present-day grid relies on a vast number of networked devices and sensors that constantly monitor energy inputs and outputs to optimise the production and distribution of energy.
Quantum computers use fundamental principles of quantum mechanics to solve complex problems in a matter of seconds (which otherwise would take several years). Once a quantum computer achieves a scale large enough to crack RSA encryption protocols, all of our online data is under threat.
Quantum Key Distribution (QKD) is a ground-breaking method of secure communication that harnesses the principles of quantum mechanics. It enables two parties to generate a shared random secret key, known only to them, which can be used to encrypt and decrypt messages.