QUANTUM COMPUTERS POST CYBERSECURITY RISKS TO ACCOUNTANCY PRACTICES AND CLIENTS, BUT MAY HELP AUDITORS
April 2nd, 2020
QUANTUM computers are now being developed that may offer accounting practices computing power to strengthen audits, but which also pose some serious cybersecurity concerns.
After decades of theorising, quantum computing is here. Google last October (2019) announced it had developed a device which it claimed took 200 seconds to sample data showing how a quantum computer works one million times (1), a task it claimed would take a standard digital super-computer 10,000 years. Meanwhile, IBM has been operating quantum computers since 2016, Microsoft has ...
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