The collaboration between Banco Sabadell, Accenture and QuSecure resulted in a complete understanding of the steps required for the financial institution to grow to be quantum-resilient and supplied an preliminary estimation of how quantum safety applied sciences may be adopted. The profitable completion of the four-month undertaking additional demonstrates the group’s dedication to staying forward of developments within the quantum safety race.
“Cryptography performs a vital function in banking, securing processes akin to funds, digital interactions with clients and communications with market infrastructure. It’s also important for shielding delicate info. As we transition right into a post-quantum computing period, the challenges embrace figuring out using cryptographic strategies susceptible to quantum assaults and transitioning to quantum-safe cryptography with agility and effectivity,” explains Joan Puig, Group CISO of Banco Sabadell. “This undertaking, in collaboration with Accenture and QuSecure, has allowed us to discover the influence of the adoption of post-quantum cryptography applied sciences on the financial institution’s infrastructure.”
In accordance with the Financial Services Information Sharing and Analysis Center (FS-ISAC) the transition to crypto agility should begin instantly and is a long-term technique, not a one-time implementation.
“We’re excited to be collaborating with Banco Sabadell and QuSecure on this groundbreaking undertaking,” mentioned Tom Patterson, rising expertise safety lead at Accenture. “Our experience in quantum danger and our quantum safety check labs enabled Banco Sabadell to realize a aggressive edge with a transparent and confirmed roadmap for transitioning to quantum-safe applied sciences incorporating the most recent NIST PQC requirements. This collaboration underscores our dedication to serving to organizations safeguard their information from rising threats posed by the speedy quantum computing developments.”
“QuSecure is advancing encryption agility and safety on the community layer,” mentioned Elizabeth Inexperienced, SVP of Clients and Ecosystems at QuSecure. “That is the quickest and best approach to defend enterprises with out having to tear and exchange present infrastructure. Working with Accenture and Banco Sabadell was a delight and proves that mitigation of present encryption to Put up Quantum Requirements for advanced environments is feasible and may be achieved expediently this decade, upfront of NIST really useful deprecation of many main algorithms.”
The rise of quantum computing challenges modern-day cryptography. Making ready and adapting cryptographic strategies to resist the facility of quantum applied sciences includes growing quantum-resistant algorithms and reevaluating present safety protocols. Proactively addressing these issues is essential for sustaining the integrity and confidentiality of digital communications within the quantum period.
About Accenture
Accenture is a number one world skilled providers firm that helps the world’s main organizations construct their digital core, optimize their operations, speed up income development and improve providers—creating tangible worth at velocity and scale. We’re a talent- and innovation-led firm with 774,000 folks serving purchasers in additional than 120 international locations. Know-how is on the core of change as we speak, and we’re one of many world’s leaders in serving to drive that change, with sturdy ecosystem relationships. We mix our energy in expertise and management in cloud, information and AI with unmatched {industry} expertise, purposeful experience and world supply functionality. Our broad vary of providers, options and property throughout Technique & Consulting, Know-how, Operations, Business X and Track, along with our tradition of shared success and dedication to creating 360° worth, allow us to assist our purchasers reinvent and construct trusted, lasting relationships. We measure our success by the 360° worth we create for our purchasers, one another, our shareholders, companions and communities. Go to us at accenture.com.
Accenture Safety is a number one supplier of end-to-end cybersecurity providers, together with technique, safety, resilience and industry-specific cyber providers. We convey safety innovation, coupled with world scale and a worldwide supply functionality via our community of Cyber Fusion Facilities. Helped by our staff of greater than 25,000 extremely expert professionals, we allow purchasers to innovate safely, construct cyber resilience and develop with confidence. Go to us at accenture.com/security.
About QuSecure
QuSecure is a frontrunner in quantum-safe cybersecurity with a mission to make use of the arrival of quantum computing to behave as a catalyst to repair the muse of knowledge safety infrastructure. The QuProtect platform requires no quantum applied sciences to defend towards quantum, AI, and classical threats to encryption. QuSecure is proud to have extra profitable post-quantum cryptography deployments than every other group on the planet, and the expertise is presently deployed with authorities, banking, telecommunications, and infrastructure clients throughout the globe. QuSecure’s quantum-resilient and crypto-agile options present a simple transition path to quantum resiliency anytime, anyplace, on any gadget, and throughout any group.
The corporate’s QuProtect resolution is the {industry}’s first cryptographic agility platform to facilitate upgrades to PQC and past. Book a no-obligation two-hour CISO road mapping workshop with QuSecure’s consultants to start out your PQC migration planning and take the QuProtect software program for a check drive.
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Contacts:
Alison Geib
Accenture
+1 703 947 4404
alison.geib@accenture.com
Denise Berard
Accenture
+1 617 488 3611
denise.berard@accenture.com
Dan Spalding
QuSecure
Spalding Communications, LLC
+1 408 960 9297
dan@spaldingcomm.com
Banco Sabadell
+34 93 748 50 19
sabadellpress@bancsabadell.com