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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?

Explore Classical Computers with expert insights, use cases, and solutions. Learn how Classical Computers can enhance your cybersecurity and protect sensitive data.

Explore Grover's Algorithm, its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

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.

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.

Standard cryptography protects almost everything in our lives, including our personal email and banking, businesses, government entities, the health industry, and public infrastructures. As our world has become increasingly digitised, our exposure to something that can break said cryptography can pronounce disaster if it falls into the wrong hands.

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.

Explore Quantum Entanglement, its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

Explore Shor's Algorithm, its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

Explore Quantum Computing (Basics), its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

Explore Elliptic Curve Cryptography (ECC), its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

Explore Qubit (Quantum Bit), its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

Explore Superposition (Quantum Computing Principle), its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

Explore QRNG (Quantum Random Number Generator), its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

Explore RSA (Rivest-Shamir-Adleman) Encryption, its cryptographic mechanism, advantages, and importance in quantum-safe encryption systems.

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.

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.

The process of encrypting data is called cryptography. It converts plain text into scrambled text so that someone with the right “key” can read it. Quantum cryptography, by extension, uses the principles of quantum mechanics to encrypt data and transmit it securely.

Download QNu Labs & KPMG whitepaper on quantum cryptography, post-quantum encryption, and quantum key distribution for BFSI. Prepare for quantum threats now.

We live in an information age where digital communication has become a lifeline for our businesses. Optical fibres are the backbone of our modern information networks. Long-range communication over the internet and high-speed information transfer within data centres take place over optical fibres.

Superposition is one of the most iconic concepts in quantum physics. The principle says that the particles such as electrons can exist in multiple positions simultaneously. For example, imagine a coin tossed in the air—it is not in a definite state of heads or tails while in the air until it is observed. Similarly, sub-atomic particles in quantum superposition exist in all possible states until they are measured.

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.

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!

Data is the engine of the new economy. The data economy depends on the creation of data and data sharing. This makes data an invaluable asset for nations, enterprises and individuals. The data exchange fuels data harvesting. Companies and individuals are known to harvest data - extract useful information from data sources for their personal benefit.

Cybercriminals are especially eyeing pharmaceutical companies in view of the COVID-19 pandemic. Indian pharma firms were possibly attacked since they are providing affordable medicines on a large scale and are important in drug discovery and supply chain.