HSBC is the first bank to join BT and Toshiba’s quantum-secured metro network - connecting two UK sites using Quantum Key Distribution (QKD) to prepare its global operations against future cyber threats. This technology will be trialled in multiple scenarios, including financial transactions, secure video communications and one-time-pad encryption, as well as AWS edge computing capabilities using an AWS Snowball Edge device.

HSBC will trial the quantum secure transmission of test data over fibre-optic cables between its global HQ in Canary Wharf and a data centre in Berkshire, 62km away. QKD is an important technology that uses particles of light and the fundamental properties of quantum physics to deliver secret keys between parties. These keys can be used to encrypt and decrypt sensitive data and are safe from eavesdroppers or cyber-attacks by quantum computers.

HSBC has its customers at the heart of everything they do as they strive to deliver the next generation of digital banking products and services. With their size and global reach, they deliver digital innovations for customers worldwide at speed and scale, with greater resiliency and at a lower cost. Working with influential technology organisations and ground-breaking fintechs, HSBC is playing a leading role in the evolution of financial services globally.

By harnessing the latest technology, they can better understand their customers’ needs and respond to them faster - providing seamless, personalised experiences – available anywhere, anytime. They are embracing and employing digital innovation to transform banking and open a world of opportunity for customers, colleagues and the future of HSBC.

Source：https://www.hsbc.com/news-and-media/media-releases/2023/hsbc-becomes-first-bank-to-join-the-uks-pioneering-commercial-quantum-secure-metro-network