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International Business Machines, Telefonica's Unit Partner to Develop Security Systems Against Future Quantum Computing Threats
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International Business Machines, Telefonica's Unit Partner to Develop Security Systems Against Future Quantum Computing Threats
Jan 30, 2025 7:43 AM

10:20 AM EST, 01/30/2025 (MT Newswires) -- International Business Machines ( IBM ) and Telefonica's Telefonica Tech unit said Thursday they have partnered to develop security systems for future quantum computing threats.

They plan to integrate IBM's ( IBM ) quantum-safe technology with Telefonica Tech's expertise in managed and professional cybersecurity services, the companies said.

Planned solutions will help protect companies and public agencies from post-quantum security risks by using new cryptography standards set by the US National Institute of Standards and Technology, they added.

The deal also includes setting up a joint use case office focused on secure communications, adapting to new secure algorithms, and protecting critical environments, according to the companies.

IBM ( IBM ) has already deployed its infrastructure at Telefonica's Madrid headquarters, featuring an IBM LinuxONE system with end-to-end encryption and quantum-safe cryptography, along with IBM Storage and other advanced security tools, IBM ( IBM ) and Telefonica said.

Shares of IBM ( IBM ) were up more than 14% in recent trading.

Price: 261.10, Change: +32.47, Percent Change: +14.20

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