The client is one of Asia Pacific’s largest private sector banks by assets and market capitalisation. The bank operates a distribution network of various branches across many cities and villages in India, with a strong international presence, serving millions of customers across retail, corporate, and institutional segments.
Key Facts
Vulnerable Sector: The Banking & Financial Services sector is among the most susceptible to quantum computing threats.
Approaching Quantum Threat: 57.5 % expect a significant quantum threat within three years. Source: TOI
Sustainable Security: Banks must adopt long-term cryptographic resilience without disrupting mission-critical services.
NIST Compliance: Preparing for global PQC standards set by NIST and anticipated Indian regulatory guidelines.
Increasing global adoption: Nearly 80% of the world’s 50 largest banks are now actively engaging with quantum technologies, moving toward strategic investment in quantum-safe systems. Source: Techinformed
Challenges Faced: Securing mobile & server applications against quantum threats
Why was this a problem?
Outdated Encryption: RSA and ECC, long-standing encryption standards, are vulnerable to being broken by quantum algorithms like Shor’s, which could render digital signatures and customer data easily decryptable.
Time is ticking: With the “harvest now, decrypt later” attack model, data captured today can be compromised tomorrow.
Regulatory Compliance: With global and Indian regulators moving toward mandating PQC standards, early action is essential to remain compliant and competitive.
After a detailed assessment, QNu Labs deployed its QShieldTM SDK and Quantum Random Number Generator (QRNG) to future-proof the bank’s digital channels.
Phased PQC Migration: Gradual migration from RSA/ECC to PQC-based algorithms minimises risk and enables controlled testing.
QShieldTM SDK Integration: Embedded directly into mobile applications and server-side components, enabling quantum-safe digital signatures and secure key exchange operations.
Quantum-Grade Entropy: Integrated QNu’s Tropos QRNG via SDK to inject true quantum entropy into all cryptographic processes, ensuring unpredictability and resilience in key generation and cryptographic operations.
QNu’s Differentiators
Seamless Integration: Minimal to no disruption to the existing banking infrastructure.
Regulatory Alignment: Ahead of NIST PQC mandates and upcoming Indian security regulations.
Born in India, Built for the World: Indigenously designed, developed & manufactured (IDDM) systems.
Scalability: Solutions are scalable to address customer-specific needs.
Results Achieved
It is one of the first-of-its-kind PQC deployments in India’s BFSI sector, enabling the client to safeguard against Q-Day risks while proactively enhancing customer trust. With QNu’s quantum-resilient framework in place, the client is setting a benchmark for APAC BFSIs’ journey into the quantum era.
100% PQC Compliance: Aligned with NIST-Approved Algorithms
Future-Ready Applications: Mobile and server apps secured with PQC.
Scalable Architecture: PQC framework extended across other banking applications.
Enhanced Customer Trust: Reinforces its position as a technology-driven, future-ready financial leader.
Frequently asked questions
Why does quantum-safe banking matter?
Trust is the new currency in today’s business context. Quantum-safe banking avoids any compromise on customer data and preserves digital trust.
How can banks prepare for quantum threats?
The banking sector can effectively prepare for quantum threats by adopting Post-Quantum Cryptography (PQC) algorithms, integrating quantum-grade entropy sources (QRNG), and planning phased migrations that minimise disruptions to existing infrastructure.
Why is PQC critical in digital banking security?
PQC replaces vulnerable RSA/ECC algorithms. It secures key exchange, certificates, and signatures against quantum-era decryption.
Why is the BFSI sector now moving toward quantum resilience?
The quantum threat is nearing, along with rising regulatory expectations. Early PQC adoption enhances security posture and strategic positioning. It also fosters customer trust and promotes regulatory compliance.
How does QNu Labs enable banks to be quantum-ready?
QNu offers comprehensive and integrated solutions exclusively for business requirements that seamlessly fortify existing systems with quantum-resilient cryptographic security.