Tag Archive for: computing

Biden administration warns quantum computing is poised to break cryptographic security

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The Biden administration is warning that advances in quantum computing will soon shatter cryptographic security, making more digital communications vulnerable to hackers worldwide.

Supercomputers’ improving ability to solve complex mathematical problems will undo the effectiveness of the tools and processes used to stymie hackers, according to the administration.  

The government’s solution to the looming vulnerability is to develop new rules, make plans for lengthy and costly updates, and to lean on the private sector and academia for help.

“Current research shows that at some point in the not-too-distant future, when quantum information science matures and quantum computers are able to reach a sufficient size and level of sophistication, they will be capable of breaking much of the cryptography that currently secures our digital communications,” a senior Biden administration official told reporters. “The good news is that this is not an insurmountable problem.”

President Biden is issuing a…

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Quantum computing and classical politics: The ambiguity of advantage in signals intelligence – Center for Security Studies

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Quantum computing and classical politics: The ambiguity of advantage in signals intelligence – Center for Security Studies | ETH Zurich

























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Why Banks Are Slow to Embrace Cloud Computing

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Wells Fargo plans to move to data centers owned by Microsoft and Google over several years; Morgan Stanley is also working with Microsoft. Bank of America has saved $2 billion a year in part by building its own cloud. Goldman said in November that it would team up with Amazon Web Services to give clients access to mountains of financial data and analytical tools.

Cloud services enable banks to rent data storage and processing power from providers including Amazon, Google or Microsoft, which have their own data centers dotted around the globe. After moving to the cloud, banks can access their data on the internet and use the tech companies’ computing capacity when needed, instead of running their own servers year-round.

Seeing a big opportunity to sell cloud-computing services to Wall Street, some tech giants have hired former bankers who can use their knowledge of the rules and constraints under which banks operate to pitch the industry.

Scott Mullins, AWS’s head of business development for financial services, previously worked at JPMorgan and Nasdaq. Yolande Piazza, vice president for financial services at Google Cloud, is the former chief executive of Citi FinTech, an innovation unit at Citigroup. Bill Borden at Microsoft and Howard Boville at IBM are Bank of America alumni.

Cloud providers are “moving at a much faster development pace when you think of security, compliance and control structures,” compared with individual banks, said Mr. Borden, a corporate vice president for worldwide financial services at Microsoft. The cloud, Mr. Borden and the other executives said, enables companies to increase their computer processing capabilities when they need it, which is much cheaper than running servers on their own premises.

But glitches do occur. One week after Goldman teamed up with Amazon, an AWS outage halted webcasts from a conference hosted by the bank that convened chief executives from the biggest U.S. financial firms. The glitch also caused problems for Amazon’s Alexa voice assistant, Disney’s streaming service and Ticketmaster. AWS and its competitor, Microsoft Azure, both had outages recently.

Banking regulators in the United States, including the Federal…

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Cloud computing, mobile and cyber security: The technologies driving digital transformation

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Secure connectivity, cloud, Internet of Things (IoT), cybersecurity – all these are synonymous with digital transformation. Work from home and hybrid work trends have only accelerated the importance of digital transformation and the need for companies to have secure and reliable remote working solutions in place.

These trends are expected to remain – long after the pandemic – because of the benefits they bring such as flexibility, productivity, work-life balance and cost savings.

Therefore, with dispersed workforces across multiple locations and various countries, having secure and scalable digital networks that can safely facilitate remote working and business continuity across devices is a top business priority for leaders.

Sparkle’s technical solutions

Global communications operator and one of the top ten worldwide, Sparkle is a reliable partner for multinational enterprises seeking to connect their workforces and manage communications across a range of sites and networks.

Sparkle has the capability to offer international connectivity and communication services to a wide range of companies across the globe. Its services include internet, data, cloud, data centre, mobile and voice, delivered over a proprietary fibre backbone of more than 600,000 km with 170 points of presence around the world. The company has commercial offices in 32 countries.

Its enterprise services are extensive, including networking solutions – to connect the client’s headquarters with branches and remote workers or with their applications in the cloud – communication services and security, are provided not only as a technological solution, but also as a training tool to enhance cyber security skills of IT managers.

In the network services area, Sparkle’s multi-vendor Software-Defined Wide Area Network (SD-WAN) solution offers secure, fast and flexible private networks based on the best technologies available in the market. The technology has been reinforced with Secure Access Service Edge (SASE) to deliver even greater levels of security.

Enterprise partnerships with Sparkle

Companies with plants, fleets, cargo and other assets can integrate more interconnectivity and smart automation using Sparkle’s…

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