Elisabetta Zaccaria, Chairman on “Secure Chorus hosts powerhouse in quantum-safe crypto at UK Fintech Week 2019” for IBS Intelligence blog
SECURE CHORUS, 24TH MAY 2019
At UK Fintech Week 2019, Secure Chorus brought to the stage a powerhouse of thought leaders in the field of post-quantum cryptography from UK government, industry and academia. The speakers discussed the quantum threats considered to be the next undefended frontier of cybersecurity and the significance of the problem for the finance industry.
Quantum-related technologies have the potential to massively disrupt the finance industry in algorithmic trading, fraud detection, encryption and transaction security. And yet, with these opportunities also come information security threats, as current encryption methods become simpler to break. Because organisations within the finance industry process and archive sensitive data over long time-frames (up to a decade or more), it is becoming clear that this industry needs to start upgrading all critical infrastructure to be quantum safe.
This was the theme of our recent Thought Leadership Platform addressing the finance industry at the UK Fintech Week 2019. Entitled “Quantum-Safe Finance: Preparing for the Storm”, the event was joined by government, industry and academic experts to discuss quantum threats for the financial sector. Speakers included experts from the UK National Cyber Security Centre (NCSC), ISARA Corporation, Post-Quantum and the Centre for Secure Information Technologies (CSIT).