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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.
Find more information about QNu Labs QNu Labs Secures 1200+ Users & 3 Strategic Data Centres with Quantum-Safe Encryption. Download our Quantum Cryptography Case Studies for Free.
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To get Connected. Fill out the QNu Labs Request a Demo form with your requirements in quantum cryptography, encryption, and communication.
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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.
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Quantum computers use the laws of quantum mechanics to process information in quantum bits or qubits. Qubits can exist in multiple states at the same time (called quantum superposition). This property allows quantum computers to process data and solve problems exponentially faster than classical computers.
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.
Understand the cost of quantum unreadiness amid rising quantum threats in the field of cybersecurity. Find the impact analysis from QNu Labs.
Google announced crossing the Quantum Supremacy Threshold of 53 Qubits. This essentially means that a Quantum Computer (QC) of 53 Qubits can perform some operations faster than the most advanced supercomputers today.
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.
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.
Q-Day arrives in 36 months. Davos 2026 declares quantum security urgent as India, USA, EU, Singapore, Saudi Arabia, and UAE accelerate PQC migration. $78B+ invested. Act now.
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