The Quantum Leap in Financial Security Safeguarding E-Commerce Transactions
Sachinkumar Anandpal Goswami, Saurabh Dave, Ketan Patel, Kashyap Chaitanya Kumar Patel · Advances in information security, privacy, and ethics book series · 2024
The rise of quantum computing is revolutionizing financial security, particularly in e-commerce transactions. Traditional cryptographic techniques struggle to protect sensitive financial information due to the increasing sophistication of cyber threats. Quantum cryptography, based on quantum mechanics, offers a promising solution. This study explores the foundational principles of quantum cryptography and its applications in safeguarding e-commerce transactions. It analyzes vulnerabilities in traditional cryptographic methods and highlights the potential of quantum-resistant algorithms. The paper aims to highlight the transformative potential of quantum cryptography in enhancing e-commerce transactions' security.