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| Format: | Recurso digital |
| Sprache: | Englisch |
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Zenodo
2025
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| Online-Zugang: | https://doi.org/10.5281/zenodo.16926921 |
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| _version_ | 1866901608682487808 |
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| author | Jhessim, Eric Sankoh, Titus Santigie |
| author_facet | Jhessim, Eric Sankoh, Titus Santigie |
| contents | <p>This research explores the application of quantum computing in enhancing financial system security, focusing on developing a robust risk management framework for systemically important banks in Sierra Leone. By evaluating 2 leading banks in the country, this study identifies key vulnerabilities, assesses potential quantum computing solutions, and provides a blueprint for safeguarding financial systems in the quantum era. Through implementation of the proposed framework, participating institutions demonstrated significant improvements in threat detection, encryption strength, and risk mitigation, with quantum-enhanced systems showing 99.8% accuracy in detecting sophisticated financial fraud attempts while reducing false positives by 90% compared to traditional systems. The implementation resulted in a 60% reduction in security incident response time and a 75% improvement in encryption strength against potential quantum attacks. These advancements provide crucial protection for financial infrastructure while ensuring regulatory compliance and operational resilience.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_16926921 |
| institution | Zenodo |
| language | eng |
| publishDate | 2025 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | Quantum computing in financial security: A risk management framework for systemically important financial institutions Jhessim, Eric Sankoh, Titus Santigie Quantum computing Financial security Risk management Sierra Leone Systemically important banks Cybersecurity <p>This research explores the application of quantum computing in enhancing financial system security, focusing on developing a robust risk management framework for systemically important banks in Sierra Leone. By evaluating 2 leading banks in the country, this study identifies key vulnerabilities, assesses potential quantum computing solutions, and provides a blueprint for safeguarding financial systems in the quantum era. Through implementation of the proposed framework, participating institutions demonstrated significant improvements in threat detection, encryption strength, and risk mitigation, with quantum-enhanced systems showing 99.8% accuracy in detecting sophisticated financial fraud attempts while reducing false positives by 90% compared to traditional systems. The implementation resulted in a 60% reduction in security incident response time and a 75% improvement in encryption strength against potential quantum attacks. These advancements provide crucial protection for financial infrastructure while ensuring regulatory compliance and operational resilience.</p> |
| title | Quantum computing in financial security: A risk management framework for systemically important financial institutions |
| topic | Quantum computing Financial security Risk management Sierra Leone Systemically important banks Cybersecurity |
| url | https://doi.org/10.5281/zenodo.16926921 |