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Quantum Computing and the coming Financial Security Crisis

Kapila Dodamgoda

Management Accounting Frontiers2025https://doi.org/10.52153/oaj1021223article
ABDC C
Weight
0.50

What the paper says

In our interconnected digital landscape, the security of personal and professional data—protected by traditional passwords and encryption methods—is facing an unprecedented threat from the rise of quantum computing. Unlike classical computers, quantum computers leverage qubits, allowing them to perform complex calculations at exponentially faster rates. As companies like Google and IBM advance quantum technology, traditional cryptographic algorithms like RSA and ECC, which safeguard systems in banking, secure messaging, and blockchain, could be compromised. This article examines the looming risks quantum computing poses to current cybersecurity frameworks, particularly in finance and cryptocurrency, and underscores the urgent need for transitioning to quantum-resistant encryption. It highlights the potential for quantum computers to disrupt encryption infrastructure and outlines strategic precautions that organizations must implement to defend against this emerging threat.

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https://doi.org/https://doi.org/10.52153/oaj1021223

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@article{kapila2025,
  title        = {{Quantum Computing and the coming Financial Security Crisis}},
  author       = {Kapila Dodamgoda},
  journal      = {Management Accounting Frontiers},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.52153/oaj1021223},
}

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Quantum Computing and the coming Financial Security Crisis

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.