{"id":26899,"date":"2025-06-30T10:41:08","date_gmt":"2025-06-30T10:41:08","guid":{"rendered":"https:\/\/www.europesays.com\/us\/26899\/"},"modified":"2025-06-30T10:41:08","modified_gmt":"2025-06-30T10:41:08","slug":"are-you-ready-for-quantum-computing","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/26899\/","title":{"rendered":"Are You Ready For Quantum Computing? &#8211;"},"content":{"rendered":"<p class=\"ai-optimize-17 ai-optimize-introduction\">It\u2019s a valid question and Hack The Box has some thoughts on the topic;<\/p>\n<p class=\"ai-optimize-6\"><a title=\"https:\/\/www.hackthebox.com\/\" href=\"https:\/\/www.hackthebox.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-auth=\"NotApplicable\">Hack The Box<\/a>, the leading platform that builds attack-ready teams and organisations, has today released new data that reveals UK financial services firms lack<b>\u00a0<\/b>quantum preparedness. The results suggest a lack of awareness around improving quantum readiness in the UK\u2019s financial sector, a key target for cyber criminals.<\/p>\n<ul type=\"disc\">\n<li class=\"ai-optimize-7\"><b>FTSE 350 Silence: only 14%<\/b>\u00a0of the financial services companies in the FTSE 350 mention quantum technology as a risk factor, in a cyber context, in their most recent annual reports<\/li>\n<li class=\"ai-optimize-8\"><b>Bank preparedness<\/b>:\u00a0<b>Only<\/b>\u00a0<b>25%<\/b>\u00a0of FTSE 350 listed banks mention quantum technology as a risk factor, in a cyber context, in their latest annual reports<\/li>\n<li class=\"ai-optimize-9\"><b>Insurer awareness: Just 11%\u00a0<\/b>of FTSE 350 insurers reference quantum risk in a cyber context in their latest annual reports.<\/li>\n<li class=\"ai-optimize-10\"><b>Minimal hiring signals: Fewer than 2%<\/b>\u00a0of financial services companies in the FTSE 350 have live job roles requiring skills related to quantum technology or post-quantum cryptography.<\/li>\n<\/ul>\n<p class=\"ai-optimize-11\">There is a gap between official guidance and practical action taken to improve quantum resilience.<\/p>\n<p class=\"ai-optimize-12\">Guidance from the UK\u2019s leading cybersecurity policy makers, including the National Cyber Security Centre (NCSC), is clear. Businesses should be adopting measures to meet the national deadline for full adoption of post-quantum cryptography (PQC) by 2035.<\/p>\n<p class=\"ai-optimize-13\">For financial firms, the first phase of building quantum preparedness, outlined last year by the\u00a0<a title=\"https:\/\/www3.weforum.org\/docs\/WEF_Quantum_Security_for_the_Financial_Sector_2024.pdf\" href=\"https:\/\/www3.weforum.org\/docs\/WEF_Quantum_Security_for_the_Financial_Sector_2024.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-auth=\"NotApplicable\">FCA and World Economic Forum,<\/a>\u00a0is to build awareness and internal capabilities. Financial firms must ensure that quantum is registering as a security threat and that internal capabilities and skills are in place to ensure a smooth transition to quantum-secure systems.<\/p>\n<p class=\"ai-optimize-14\">\u201cThis gap doesn\u2019t point to failure, but it does highlight a critical inflection point. If quantum threats aren\u2019t being acknowledged now, the UK financial sector risks entering the next decade without the skills, talent, or preparedness needed to defend its digital infrastructure against quantum-era threats. The threat of \u2018harvest now, decrypt later\u2019 attacks, and data longevity in industries like finance make quantum security an immediate priority. However, what we\u2019re currently seeing in the market isn\u2019t inaction, but rather the absence of a well-defined roadmap,\u201d\u00a0says Haris Pylarinos, Founder and CEO of Hack The Box.<\/p>\n<p class=\"ai-optimize-15\">\u201cWith finance at the forefront of risk, it\u2019s crucial that financial services companies continue to build a proactive security posture and seek to improve their capacity to deal with future threats. Improving\u00a0 industry awareness and building skills will be an essential step towards full preparedness.\u201d<\/p>\n<p class=\"ai-optimize-16\">Hack The Box recently launched\u00a0<a title=\"https:\/\/www.hackthebox.com\/blog\/quantum-computing-attacks\" href=\"https:\/\/www.hackthebox.com\/blog\/quantum-computing-attacks\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-auth=\"NotApplicable\">Quantum Security Challenges<\/a>, one of the few hands-on environments inspired by real-world quantum concepts, where professionals can explore quantum threats in practice. Covering topics from Shor\u2019s Algorithm to quantum-enhanced attacks and quantum-secured communication, the track aims to help close the gap between policy and practice, starting with visibility.<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s a valid question and Hack The Box has some thoughts on the topic; Hack The Box, the&hellip;\n","protected":false},"author":3,"featured_media":26900,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[745,23462,22686,4587,1193,694,158,67,132,68],"class_list":{"0":"post-26899","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-hack-the-box","10":"tag-insurtech","11":"tag-quantum","12":"tag-risks","13":"tag-saas","14":"tag-technology","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114771898403270550","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=26899"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/26900"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=26899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=26899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=26899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}