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ABOUT THE AUTHOR

Thomas Krause is employed at eOperations Switzerland Ltd, serving as Product Manager NEST - a leading provider of business solutions for tax administrations in German-speaking Switzerland - while also heading the office of the Digital Tax Association (VDS). He studied business with a focus on taxation and auditing in Germany. After graduation he gained hands-on experience in Switzerland—working, among others, for Ringler Informatik Ltd (e-Tax complete solutions), the Zurich Cantonal Tax Office and Kendris Ltd.
The Quantum Threat to Modern Encryption

k-flash audio commentThe Quantum Threat to Modern Encryption

The case

Future quantum computers may be able to crack the encryption that currently protects passwords, bank accounts and private communications.

Source: NZZ am Sonntag 12.07.2026 – Anna Weber page 42 (shortend)

The commentary

Data encrypted today could be stored by hackers and decrypted in the future once quantum technology becomes powerful enough.

In order to address this risk, IT companies have been adopting quantum-resistant encryption. These new encryption methods rely on different mathematical principles that are expected to remain secure against quantum attacks. Although the transition is technically challenging, making the switch early is essential to protect sensitive information in the years to come.

This publication has been prepared solely for information purposes and is does not constitute a recommendation, a solicitation, or an offer. The information on which this publication is based has been obtained from sources that we believe to be reliable and in good faith, but we have not independently verified such information and no representation or warranty, express or implied, is made as to its accuracy. All expressions of opinion are made as of the date of publication and may be subject to change without notice. k-flash and all related affiliates accepts no liability or responsibility whatsoever for any consequential loss of any kind arising out of the use of this publication or any part of its contents. The use of this publication should not be regarded as a substitute for the exercise by the recipient of his or her own judgment. This publication is not directed to any person in any jurisdictions that prohibit such publication.
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