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Why does the Telecom industry need Quantum Security now?
The telecommunications industry stands on the frontline of transmitting large volumes of sensitive data, making it the prime target for cyberattacks. Telecom, an industry that connects all industries, holds data with varying levels of confidentiality and sources ranging from individuals to organisations to governments.
Post-quantum cryptography for the telecom industry is a necessity, as long-term data storage, volatile customer sentiments, emerging quantum threats and compliance urgency have become a daily routine.
Avoid Quantum Attacks
All existing cryptography is based on traditional encryption, which quantum computers can break within a few minutes. So, attackers are using the ‘harvest now, decrypt later’ tactic. The telecom data will be at risk.
Avoid Reputational Damage
After a breach, customers will suffer severely. Facing reputational damage will be intolerable, but adopting quantum security will position you as a market leader. Treat quantum cybersecurity as a strategic motive rather than an IT liability.
Avoid Breach Penalties
According to a data breach report from Verizon, 20% of breaches occur by exploiting existing vulnerabilities, 60% involve a human element, and 30% involve a third party. The threat is real; it is happening, and it carries an enormous penalty.
The telecom industry can also gain a decisive advantage by adopting quantum security measures. The industry has invested heavily in infrastructure, such as optical fibre cables. However, increasing the Average Revenue Per User (ARPU) will be possible only through value-added services like unbreachable security and unquestionable safety, which can be achieved only through quantum encryption.