Britain’s National Cyber Security Centre (NCSC) recently issued a critical warning that businesses and governments must prepare for quantum computer hacking capabilities by 2035. As the NCSC stated, “The threat to cryptography from future large-scale, fault-tolerant quantum computers is now well understood.” This warning underscores a vital concern for financial institutions: quantum computers will eventually be able to efficiently solve the complex mathematical problems that currently secure most public key cryptography protecting financial networks and data repositories today. The NCSC is urging organisations to begin migration to quantum-resistant security measures, with adjustments starting as early as 2028 to avoid a potential “big panic” when the first practical quantum computers arrive. According to various industry surveys cited by the watchdog, organisational readiness for post-quantum cryptography remains “pretty low.”
Why Traditional Security Measures Will Fail
Financial institutions that delay preparation face several critical vulnerabilities:
Quantum Computing Threat: Within the NCSC’s predicted timeframe (by 2035), quantum-enabled attacks will be able to break RSA and ECC encryption currently protecting sensitive client information shared with financial service providers.
Single-Cloud Vulnerability: Financial institutions relying on a single cloud provider create an attractive single point of failure that sophisticated attackers could target once quantum capabilities advance. • Static Security Models: Traditional security focuses on perimeter defence rather than ensuring data integrity throughout the entire data lifecycle, both within client systems and when shared with financial service providers.
Client Trust Erosion: Without proper protection, a breach exposing client data could destroy decades of trust-building and severely damage institutional reputation.
Calimere Point + Prizsm Solution
Calimere Point’s Cloud-based data analytics platform, CPRA Cloud, has been specifically designed to support our clients across financial services and beyond to capture quantifiable value from improving the way they use their data. The integration with Prizsm reflects our commitment to ensuring that those clients who trust us with their sensitive data are protected from existing and emerging security threats through:
Quantum-Resistant Security: Protection against future quantum computing attacks ensures long-term data integrity for sensitive financial and non-financial data shared with CPRA Cloud, including client identifiers, activities, and portfolio information.
Immutable, Tamper-Proof Storage: Every client record shared with CPRA is cryptographically secured against unauthorised modification—providing complete confidentiality and protection for valuable client relationships.
Multi-Cloud Security Architecture: Data shared with CPRA Cloud is distributed across multiple secure environments, eliminating single points of failure that attackers might exploit—ensuring your sensitive client information remains protected.
Zero-Infrastructure Security: Comprehensive protection without the burden of managing complex security infrastructure allows our customers to focus on their clients rather than cyber security management.
AI-Resistant Protection: Beyond quantum threats, Prizsm’s security architecture is specifically designed to withstand sophisticated AI-powered attacks that can learn and adapt to traditional security measures. This dual-layer protection ensures shared data remains secure against both quantum and artificial intelligence threats on the horizon.
Seamless Integration: The CPRA Cloud + Prizsm solution integrates effortlessly with your existing systems architecture, requiring no disruptive changes to your current infrastructure. This means you can implement quantum-resistant security for shared data without costly overhauls or operational disruptions.
Real-World Impact
Financial institutions implementing CPRA Cloud + Prizsm for their data sharing can expect:
Complete protection of client identities and their associated activities when shared with financial service providers
Detection of attempted data manipulation within seconds rather than months
Maintenance of client trust through demonstrable security measures
Future-proofed protection against emerging quantum computing threats in line with NCSC recommendations
When the integrity of your shared client data determines the integrity of your business - CPRA Cloud + Prizsm: Quantum-grade security for a post-quantum world.
Is your organisation prepared for the NCSC's 2035 quantum security deadline?
Request a consultation with our Calimere Point team today to identify potential vulnerabilities in your data sharing processes and implement quantum-resistant security measures before it's too late.
Peter is the co-founder and CEO of Calimere Point and has been with the firm since its inception in 2009.
Prior to founding Calimere Point he spent the first 15 years of his career in Investment Banking, working within trading, structuring and risk management disciplines across a number of asset classes.
Peter has a Masters in Finance from London Business School, a BSc in Economics and Finance from Oxford Brookes University and is a qualified accountant (CIMA qualification).
Dominique Nelson-Esch
Chief Marketing Officer
Dominique is a multi-disciplinary visual designer, communications and brand strategist, with a two-decade journey in collaborating with startups and SMEs. Her portfolio includes consulting for over 100 businesses globally, where she managed branding, design, and digital communications.
Dominique’s extensive background in financial services equips her with a nuanced understanding of our industry landscape, including 14 years in financial services, holding key roles such as Head of Portfolio Risk Audit and Niche Portfolio Management for major Insurers.
In her current role as Chief Marketing Officer (CMO) at Calimere Point, Dominique focuses on strategically positioning and promoting the firm. Her goal is to enhance brand awareness and establish market leadership through innovative marketing strategies that highlight Calimere Point’s expertise in delivering impactful data-driven solutions.