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Explore Quantum Secure Digital Identity with expert insights, use cases, and solutions. Learn how Quantum Secure Digital Identity can enhance your cybersecurity and protect sensitive data.
The digitalisation of the economy has impacted the financial services industry more than others. Digital financial transactions have replaced physical currencies. Banknotes were exchanged on trust. They were issued by trustworthy institutes in the country and used between parties without fear of doubt.
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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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A quantum computer can process data at an enormous speed. A transaction that takes classical computers weeks to compute can be processed by a quantum computer in seconds. The ability of quantum computers to factor many possibilities simultaneously has severe implications for data privacy. Data attacks with advanced quantum technologies could crack even the most advanced encryption schemes.
QNu Labs quantum security solutions protect patient data and ensure secure operations in healthcare and hospital industries with advanced encryption and key distribution.
Data sent over public communication channels are secured using cryptography. It protects all kinds of electronic communications as well as passwords, digital signatures, and health records. The advent of quantum computers has put cybersecurity under a state of alarm. Large-scale quantum computers have the power to break public key encryption.
Companies and governments around the world are in a race to build the first usable quantum computer. The technology promises to make some kinds of computing problems much, much easier to solve than with today’s classical computers, but it also poses a significant threat to the integrity of encrypted data.
Cyberattacks can lead to devastating losses of money, trust, and reputation. So, companies have an intrinsic incentive to strengthen their security set-up. Cyber-resilience starts at the root – the IT security architecture. The IT security architecture determines how technical security measures are established within the overall enterprise architecture, aligning internal and external requirements.
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In 2023, financial institutions worldwide faced an alarming rise in ransomware and cyberattacks, with India experiencing a 29% increase in financial sector breaches according to CERT-In. Adding to this challenge is the looming threat of Harvest Now, Decrypt Later (HNDL), a strategy where hackers capture encrypted data today, intending to decrypt it using powerful quantum computers in the near future.
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Industries such as banking, healthcare, power grids, and telecom (critical digital infrastructure) are at risk as quantum computers become more powerful, and the potential for systems compromise in these industries continues to grow with every passing day.
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!
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Find more information about QNu Labs Guide: Quantum Random Number Generator (QRNG) and How it Works?. Get more Quantum Cryptography Guide from QNu Labs.
QShield™ includes Connect Service, Key Generation, Distribution & Management Service, Messaging Service and Data Exchange & Storage Service.
The landscape of digital security is constantly evolving and threats loom large. But, the emergence of quantum security provides hope. Quantum security represents a paradigm shift in the way we safeguard our digital infrastructure against increasingly sophisticated attacks.
Quantum tunnelling is one of the most intriguing phenomena in quantum physics. Tunnelling may appear to have little relevance to everyday life but it is a fundamental process of nature that is responsible for many things on which life itself is dependent.
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.