Securing Financial Transactions in a Post-Quantum World

Securing Financial Transactions in a Post-Quantum World

Guest Presenters and Subject Matter Experts:

Lisa Hammitt, Former Global Vice President, Data and Artificial Intelligence, Visa and Current Chairwoman of the Board of Directors, Intelsat

Steve Klebe, Former Head of Enterprise Payments Performance, Stripe, and Google Pay Partnerships

On Wednesday, February 22, 2023, we hosted an in-depth webinar about the quantum computing threat to Financial Transactions. We covered existing and emerging quantum cybersecurity threats and the application of post-quantum cybersecurity solutions to thwart cyber-attacks on our financial institutions.

We are excited to have two of the industry’s leading experts, Lisa Hammitt and Steve Klebe, discuss the current state of quantum computing and its implications for financial transactions. They will provide an in-depth overview of how post-quantum cryptography can create more robust security protocols that protect our finances from malicious actors.

The world of finance is rapidly changing, and cybersecurity experts are now looking to the future with a focus on post-quantum security. Financial transactions, such as when banks process large payments or other large-scale economic exchange activities, must be secured through robust encryption protocols to mitigate cybercrime and malicious intent from third parties. Post-quantum cryptography offers a viable solution for this challenge, allowing for secure and efficient bulk financial transactions in a post-quantum world.

Post-quantum encryption also protects against known forms of cybercrime, such as man-in-the-middle attacks and other malicious threats. By utilizing advanced cryptographic protocols like post-quantum algorithms, banks can ensure their bulk financial transactions remain safe and secure from the threat of quantum computing. Also, these protocols can be combined with existing security measures such as two-factor authentication (2FA) for greater assurance when securing sensitive data.