Credit card frauds are very common these days – today a data breach occurs in retailer’s shop, online shopping site or banking site and at the next moment millions of cards appears in the underground black market – how simple is that for cyber criminals nowadays.
But imagine if there is no possible way to hack credit cards and ID cards. Seems like next to impossible, but quantum cryptography ensures that stealing people’s personal data will soon be very difficult for hackers and cyber thieves due to an extra layer of verification.
SECURE FRAUD-PROOF CREDIT CARDS
The research at the University of Twente in Enschede, Netherlands has suggested that “fraud-proof” credit cards are possible to develop using Quantum Physics that will protect users’ financial and personal information from hackers. Security researchers describe this extra layer of verification as Quantum-Secure Authentication (QSA) of a “classical multiple-scattering key.”
HOW QSA TECHNOLOGY WORKS
Now, the important thing to note is that how is it possible and how Quantum Physics works with the Credit card technology ??
This innovative technology depends on two unique quantum properties of light to create a secure and unique Question-and-Answer (Q&A) exchange that cannot be ‘spoofed’ or copied. As a single photon of light can occupy more than one location at the same time and because light has so many separate wavelengths that hacking a credit card would take centuries to find the right combination.