Neocova’s CEO Believes Special Purpose QC Encryption Poses Real, Near-Term Threat to US Financial Institutions

(Lawfare.blog) Lawfare blog here interviews Sultan Meghji, CEO of Neocova which is an AI-based, API driven platform designed for cybersecurity and support of community banks and credit unions.
The interview covers the large Chinese investment in quantum technology and what it means for the United States. It’s possible that Chinese physicists are even better than American physicists at extracting funding from their government. Indeed, it looks as though some quantum tech, such as the use of entangled particles to identify eavesdropping, may turn out to have dubious military value. But not all. Sultan thinks the threat of special purpose quantum computing to break encryption poses a real, near-term threat to US financial institutions’ security.