TOP Literature Database Quantum Computing and Cybersecurity in Accounting and Finance: Current and Future Challenges and the Opportunities for Securing Accounting and Finance Systems in the Post-Quantum World
arxiv
Quantum Computing and Cybersecurity in Accounting and Finance: Current and Future Challenges and the Opportunities for Securing Accounting and Finance Systems in the Post-Quantum World
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Abstract
Quantum computing is transforming the world profoundly, affecting businesses,
organisations, technologies, and human beings' information systems, and will
have a profound impact on accounting and finance, particularly in the realm of
cybersecurity. It presents both opportunities and risks in ensuring
confidentiality and protecting financial data. The purpose of this article is
to show the application of quantum technologies in accounting cybersecurity,
utilising quantum algorithms and QKD to overcome the limitations of classical
computing.
The literature review reveals the vulnerabilities of the current accounting
cybersecurity to quantum attacks and the need for quantum-resistant
cryptographic mechanisms. It elaborates on the risks associated with
conventional encryption in the context of quantum capabilities. This study
contributes to the understanding of how quantum computing can transform
accounting cybersecurity by enhancing quantum-resistant algorithms and using
QKD in accounting.
The study employs PSALSAR systematic review methodology to ensure rigour and
depth. The analysis shows that quantum computing enhances encryption techniques
to superior possibilities than classical ones. Using quantum technologies in
accounting minimises data breaches and unauthorised access. The study concludes
that quantum-resistant algorithms and quantum key distribution (QKD) are
necessary for securing the accounting and finance systems of the future.
Keywords Quantum Computing, Cybersecurity, Accounting, Machine Learning,
Artificial Intelligence, Quantum Key Distribution, Operations Management